Compliance
DAOs
Similar to our standard business thresholds – for DAO customers, Core requirements enable an entity to move up to $10,000 in a single transaction and $100,000 over a 30-day period. To exceed these limits, customers will need to successfully complete Enhanced KYB.
Core Requirements
DAO documents- Entity Name
- Principal Operating Address
- If DAO has no physical operating address, please provide proof of physical residential address for DAO’s verified control person
- EIN/TIN (or non-US equivalent)
- List Manager or similar person(s) that has(have) the ability to legally bind the DAO and carry out the DAO’s instructions; mangers that are entities will need to be KYB reviewed per the requirements for Businesses: KYB requirements
- Core KYC requirements
- Corporate or other contractual documentation under which the Manager or similar person(s) has(have) been granted the ability described above
Enhanced Requirements
DAO documents- DAO formation documents (copy of filed/stamped)
- Website or other DAO-controlled internet site(s)
- Enhanced KYC requirements