CEXs and DEXs - you NEED KYT

Crypto is no longer the Wild West.

Whether you’re building a centralized exchange (CEX) or launching a DeFi protocol (DEX), you’re already on the radar. Regulators expect you to play by the rules—or risk fines, bans, and reputational damage.

And the biggest risk? Being used for money laundering or terror financing without knowing it.

For CEXs: Compliance Isn’t Optional

CEXs are custodial. You hold funds, manage wallets, and move assets—just like banks. That means regulators see you as a Virtual Asset Service Provider (VASP).

Here’s what you need to cover:

• KYC: Know who’s using your platform

• KYT: Know what’s flowing through it

  
  

Without KYT, you’re blind to:

• Transactions tied to terror networks or sanctions

• Use of mixers, privacy coins, or high-risk wallets

• Suspicious behavior like layering or structuring

• Wallets tied to known bad actors

  
  

You’re also required to report suspicious activity (SARs). Without KYT, good luck catching it in time.

For DEXs: “We’re Decentralized” Isn’t a Get-Out-of-Jail Card

If you’re a DEX, you probably think you’re off the hook. Let us tell you - You’re not. 

Global regulators (FATF, FinCEN, EU, UK, etc.) now say:If you develop, operate, or profit from a DEX—you might be a VASP. Even if your protocol feels decentralized.

Here’s what’s happening:

• Criminals are using DEXs to move small, hidden amounts

• They're using privacy tools to avoid detection

• That means you become the money laundering vector

  
  

 Good KYT lets DEXs:

• Track wallets linked to criminal or sanctioned actors

• Spot patterns of abuse or volume spikes

• Flag smart contract interactions tied to laundering

• Mitigate risk without collecting user identities

This Isn’t Just About Regulation. It’s About Trust.

Users, partners, and regulators want to know: Is your exchange clean—or is it being exploited?

Nominis helps you answer that with confidence.

 Nominis Vue blends:

• On-chain signals

• Off-chain intel (open web, deep web, dark web)

• Behavioral insights

• Real-time alerts, wallet risk scores, and fast SAR support

  
  

  

  
  

Whether you’re centralized or decentralized, if money moves through your platform—you need KYT. Nominis gives you the full picture.

Book your free KYT Audit with Nominis.ioYour future investors, users, and regulators will thank you.