VASP AML compliance requires exchanges and custodians to run KYC plus on-chain KYT screening on customer wallets; Plastron lets you preview that wallet-level screening free, as an informational signal rather than a licensed VASP solution.

A Virtual Asset Service Provider — any business that facilitates the exchange, transfer, or custody of crypto assets on behalf of customers — is subject to AML regulations in virtually every jurisdiction that has implemented the FATF Recommendations. Recommendation 15 requires VASPs to conduct customer due diligence, apply a risk-based approach to transactions, and file suspicious activity reports where warranted. In practice, this means every VASP must have a mechanism for screening customer wallet addresses against sanctions lists and assessing transaction risk before onboarding or processing. The specific requirements vary by jurisdiction: the EU's AMLD framework, the UK's Money Laundering Regulations, FinCEN guidance in the United States, and the MAS framework in Singapore each impose their own rules, but all converge on the need for wallet-level risk assessment. VASPs that fail to screen customer wallets face regulatory fines, license revocation, and in serious cases criminal liability for the operators. The challenge for smaller VASPs is that enterprise KYT tools are expensive, and the compliance overhead of building internal screening infrastructure is significant. Plastron provides a freely accessible layer of wallet screening that covers OFAC sanctions, mixer exposure, stolen fund risk, and counterparty analysis — giving smaller VASPs a starting point for wallet-level due diligence without the enterprise contract.