Compliance Report
Data last reviewed April 2026Regul8 — Compliance Report
August 15, 2026Activities: Cross-border Payment · Onramp / Offramp (fiat ↔ crypto) — Jurisdictions: European Union · USA · Singapore · UAE / Dubai
regul8app.vercel.app · General information only, not legal advice.
Tax treatment
Tax summary per jurisdiction (shared across all activities). General information, not tax advice.
No EU-wide crypto tax — set per Member State. DAC8 (in force Jan 2026) imposes pan-EU CASP reporting of user holdings to tax authorities; OECD CARF aligned.
Property treatment (IRS Notice 2014-21). Short-term (< 1 yr): ordinary income up to 37%. Long-term: 0/15/20%. NFT collectibles: up to 28%. Form 1099-DA mandatory from 2026.
NO capital-gains tax. Trading as business: 17% corporate income tax. GST exempt on payment tokens (since 2020). Personal income only if classified as business income.
NO personal income tax on crypto for individuals. Companies: 9% corporate tax on profits > AED 375K (since June 2023). VAT exempt on crypto transfers (Nov 2024).
Cross-border Payment
XRPL ODL (On-Demand Liquidity) — XRP as bridge currency for cross-border fiat corridors — is the flagship EU use case for institutional cross-border crypto payments. Cross-Chain Bridge (XLS-38d, voting) will extend to EVM Sidechain.
US → LatAm, US → Philippines corridors using XRP ODL are live via MoneyGram (historic), Tranglo, SBI Remit. XRPL settles in ~3 seconds vs SWIFT's 1-3 days.
UAE is a top XRPL cross-border hub. Onafriq–Ripple (2023) partnership routes EU/UK → Africa via UAE-based ODL. Emirates NBD + CBUAE CBDC pilots evaluated XRPL.
Onramp / Offramp (fiat ↔ crypto)
XRPL ODL (On-Demand Liquidity) uses XRP as a bridge currency for fiat-to-fiat corridors. Operators of ODL flows in the EU need CASP + payment-institution authorisations + bank partnerships per corridor.
US onramp for XRP is operational post-2023 SEC settlement (XRP not a security on secondary sales). Uphold, Bitstamp, Kraken provide the licensed rail. XRPL IOUs still ambiguous under federal law.
Singapore treats XRP as a Digital Payment Token under PSA. MAS-licensed gateways (Independent Reserve, Coinhako) offer XRP onramp. XRPL IOUs may require additional classification.
VARA-licensed XRPL onramp feasible — XRP is an approved VA in Dubai. AED stablecoin pilots (by M2, Rain) use XRPL for settlement.
Providers, vendors and partners that can run your compliance stack in the selected jurisdictions. Filtered by activity (custody, payment, AML/KYC) and jurisdictional coverage.
🤝 Payment & on/off-ramp partners for your jurisdictions
You selected an on/off-ramp or cross-border payment activity. Here are providers operating in (or passporting into) your jurisdictions, grouped by type. Travel Rule providers (FATF R.16) surface for both scenarios — VASP-to-VASP compliance messaging applies whenever value moves across borders.
Model: Mainstream fiat on/off-ramp — cards, SEPA, Apple/Google Pay. 160+ currencies, 30M+ users. Used by OpenSea, Bitcoin.com, Trust Wallet.
XRPL angle: XRP supported as an on-ramp asset; widely embedded in XRPL wallet UX.
Model: Embeddable on/off-ramp widget — strong in Europe (UK FCA reg., EU MiCA-ready). 80+ countries, low fees on bank transfer.
XRPL angle: XRP supported. RLUSD on-ramping under exploration with Ripple ecosystem.
Model: Global on/off-ramp SDK for dApps and wallets. 160+ countries, 75+ payment methods, 170+ tokens.
XRPL angle: XRP and selected XRPL-native tokens supported in the widget.
Model: Hosted fiat → USDC onramp. Acquired Bridge ($1.1B, Oct 2024) for stablecoin payment APIs. Card → stablecoin in one flow.
XRPL angle: No XRPL-native integration today; stablecoin pipes (USDC, USDB) are EVM-anchored. Worth watching post-Bridge.
Model: XRPL-native gateway since 2014 — issues IOUs against fiat reserves via XRPL Trust Lines. Retail on/off-ramp for XRP, RLUSD and select XRPL tokens. EMI Lithuania.
XRPL angle: XRPL-NATIVE — flagship example of the IOU / Trust Line gateway model. Long-time partner of Ripple ecosystem.
Model: Multi-asset retail platform — fiat, crypto, metals, equities in one wallet. XRPL-native gateway since 2015 (one of the original Ripple ecosystem partners). NYDFS BitLicense + UK FCA + EU MiCA-ready.
XRPL angle: XRPL-NATIVE gateway — IOU model for fiat issuance. Long-time Ripple partner; XRP available since launch.
Model: Long-running European exchange (founded 2011) — XRP listed since 2014. Acquired by Robinhood in 2024. Strong EU regulatory posture (Luxembourg CSSF) + NYDFS BitLicense + UK FCA + Singapore MAS.
XRPL angle: XRP-listed since 2014 — one of the earliest CEX integrations. Provides retail buy/sell + institutional OTC for XRP.
Model: Largest US-listed crypto exchange (NASDAQ: COIN). Relisted XRP in July 2023 (post-Ripple ruling) and continues to list it pending the proposed CLARITY Act (House-passed July 2025, Senate pending). FinCEN MSB + ~48 state MTLs + NY BitLicense + Ireland CASP (EU passport) + Singapore MPI.
XRPL angle: XRP available for buy/sell since the 2023 relisting. No XRPL-native integration beyond the listing; standard CEX custody for XRP.
Model: Top-5 global crypto exchange — XRP listed since 2014. US: FinCEN MSB + ~40 state MTLs + Wyoming SPDI trust charter. EU: CASP via Ireland. UK FCA + Australia AUSTRAC + Japan FSA registration.
XRPL angle: XRP listed since 2014, one of the highest-volume XRP venues globally. Retail buy/sell + futures (CFTC-regulated) + institutional OTC.
Model: Mobile-first neobank with 50M+ users. Full EU credit-institution licence (Revolut Bank Lithuania, passportable to all 27 EU states) + UK FCA EMI licence. Crypto buy/sell embedded in the banking app since 2017; XRP supported (with brief 2020-2023 US pause during SEC v. Ripple).
XRPL angle: XRP buy/sell available in EU + UK. Standard custodial model (Revolut holds keys) — no XRPL-native rails. Useful as a fiat → XRP retail funnel.
Model: EMI-licensed crypto card + multi-currency wallet (UK FCA + EU EMI via Lithuania). 6M+ users. Spend crypto via Visa/Mastercard at point-of-sale with auto-conversion. XRP supported.
XRPL angle: XRP supported in the multi-currency wallet — primary use is fiat-XRP-fiat conversion at retail point of sale via the card.
Model: Cross-border settlement rail using XRP as a bridge asset (On-Demand Liquidity). 70+ payout markets, Ripple-licensed in NY, US states, Singapore, Ireland.
XRPL angle: Native XRPL rail — flagship use case. RLUSD launching as the stablecoin leg.
Model: Stablecoin orchestration API — instant USDC/USDB swaps + orchestration across chains. Acquired by Stripe Oct 2024. Powering merchant payouts in LatAm + Africa.
XRPL angle: EVM/Solana/Tron-anchored today; XRPL not natively wired but interop possible via stablecoin liquidity.
Model: WhatsApp-native US → LatAm remittances on stablecoin rails. Mexico, Guatemala, Colombia. Instant USDC payouts.
XRPL angle: Stablecoin-rail provider, Solana/EVM today. Could route via XRPL/RLUSD for LatAm corridors.
Model: B2B cross-border stablecoin payments — focus on LatAm + Africa SMEs. USDC settlement, FX corridors with local payout.
XRPL angle: Stablecoin-rail orchestration, EVM-anchored today. Cross-corridor flows could complement XRPL ODL on under-served pairs.
Model: B2B cross-border collections + payouts + escrow specialist. Singapore MAS Major Payments Institution licence (CMS100975), 200+ payment methods, 70+ payout corridors. RippleNet partner since 2023 for APAC ↔ US/EU corridors.
XRPL angle: RippleNet partner — XRP-bridge settlement available on supported APAC corridors. B2B-only (marketplaces, exporters, agencies); not a retail on-ramp.
Model: Leading Travel Rule messaging network for VASPs (FATF R.16). Pre-transaction sanctions screening + counterparty verification. 1 200+ VASPs.
XRPL angle: Chain-agnostic — works for XRPL VASPs that need MiCA / Travel Rule compliance from day one.
Model: Travel Rule + KYC + AML monitoring under one roof. Strong in EU + emerging markets, MiCA-aligned. ~5 000 clients.
XRPL angle: Chain-agnostic. Used by XRPL VASPs needing onboarding KYC + Travel Rule in a single SDK.
Public information — not a recommendation. Verify current local licences and XRPL/RLUSD support with each provider before integration.
🛡️ AML / KYC vendors for your jurisdictions
A regulated activity typically needs KYC at onboarding, sanctions / PEP screening, transaction monitoring, and Travel Rule messaging. Here are the established providers that operate in (or passport into) your jurisdictions, grouped by function. Sumsub covers identity + Travel Rule in a single SDK; Chainalysis / Elliptic / TRM have native XRPL coverage.
Model: KYC + KYB + AML monitoring + Travel Rule under one roof. Strong in EU + emerging markets, MiCA-aligned. ~5,000 clients including major crypto exchanges.
Crypto coverage: Chain-agnostic. Used by XRPL VASPs needing onboarding KYC + Travel Rule + monitoring in a single SDK.
Model: IDV + biometric verification + ongoing monitoring. Acquired by Entrust (2024). Strong in UK / EU / US fintech and crypto markets — Coinbase Europe, Revolut historic clients.
Model: AI-powered IDV — document verification + biometric liveness + ongoing monitoring. Used by major exchanges (Bitstamp, Bitpanda, Bitso) and banks. SOC2 + ISO 27001.
Model: No-code IDV platform with high configurability. Used by US-first fintech / crypto firms — Block (Cash App), Brex, Robinhood. Strong KYB + business-verification module.
Model: IDV across 230+ countries, 11K+ document types. Estonian-base + EU MiCA-aligned. Used by Bolt, Wise, Kraken, Bitstamp.
Model: GlobalGateway — KYC + KYB across 195 countries via 450+ data sources. Strong in B2B verification (UBO, business registry checks). Canadian-base, served by major banks + crypto firms.
Model: AI-powered sanctions / PEP / adverse-media screening + ongoing monitoring. Strong in fintech and crypto — Coinbase, Gemini, BitGo, Klarna among clients. Real-time data updates.
Model: Refinitiv's World-Check (now part of LSEG) — the gold-standard sanctions / PEP / heightened-risk database. Curated by 400+ analysts; used by Tier-1 banks worldwide.
Model: Bridger Insight XG sanctions screening + Accuity payment screening. Strong in regulated banking + crypto on-ramp. US-base with global reach.
Model: Industry-standard crypto transaction monitoring + investigations + sanctions screening. Used by US Treasury / IRS / FBI + most regulated exchanges. Reactor (investigations) + KYT (Know Your Transaction) products.
Crypto coverage: Native XRPL coverage — XRPL transactions + IOU flows + AMM tracked. Reactor supports XRPL investigations. RLUSD coverage from launch.
Model: Crypto-native AML platform — Holistic (cross-chain monitoring) + Lens (entity intelligence). UK-base, MiCA-aligned. Strong in EU + UK regulated markets. Coinbase, Revolut, Binance among clients.
Crypto coverage: XRPL covered. Cross-chain heuristics for stablecoin tracing (USDC, USDT, RLUSD).
Model: Real-time blockchain intelligence + sanctions screening + investigations. Used by US Secret Service, FBI, OFAC + major crypto exchanges. Strong in compliance automation for institutional flows.
Crypto coverage: XRPL native coverage. RLUSD tracking from issuance.
Model: Leading Travel Rule messaging network for VASPs (FATF R.16). Pre-transaction sanctions screening + counterparty verification. 1,200+ VASPs onboarded. Founded by post-FATF Travel Rule architects.
Crypto coverage: Chain-agnostic — works for XRPL VASPs that need MiCA / Travel Rule compliance from day one.
Public information — not a recommendation. Verify current certifications (SOC2, ISO 27001) and jurisdictional coverage with each vendor before integration.
🔑 Wallet infrastructure for your jurisdictions
Embedded-wallet infrastructure vendors (DKG-MPC + social login) serving the markets in your selected jurisdictions. Distinct from institutional custodians — these vendors provide non-custodial / grey-zone wallets for consumer UX ("no seed phrase"). Click any card to open the vendor site.
Focus: DKG-MPC + social login (Google, Apple, X, Discord, email). 25M+ users, 1,500+ apps. Series B, multi-chain. "No seed phrase" consumer UX leader.
XRPL support: Supports Ed25519 + secp256k1 (XRPL curves) via Custom Auth Network. No native XRPL adapter yet but technically integrable. Worth watching as XRPL consumer apps grow.
Focus: Delegated keys via HSM. Email / SMS / social login. SOC 2 Type II + ISO 27001. Strong on regulated fintech use cases.
XRPL support: EVM + Solana + Flow native. No XRPL support today. Their delegated-key model would map to a SignerList multisig if added.
Focus: Embedded wallets + MPC + progressive auth. Acquired by Stripe (Mar 2025) — now powering Stripe Crypto on/off-ramp + Bridge stablecoins UX layer.
XRPL support: EVM + Solana focus today. Post-Stripe acquisition, XRPL support possible if Bridge stablecoin rails route via XRPL.
Focus: Wallet onboarding orchestrator + KYC + multi-wallet support. Connects 350+ wallets including hardware + embedded + ENS / DID.
XRPL support: Multi-wallet aggregator — supports Xaman, Crossmark, GemWallet for XRPL since 2024. Best fit for XRPL consumer apps wanting plug-and-play wallet UX.
Focus: Modular Account Abstraction wallet + MPC + chain abstraction. ERC-4337 native + gasless transactions. Strong APAC presence.
XRPL support: EVM-first (Account Abstraction is EVM-specific). No XRPL native support — XRPL has its own AA-equivalents (Hooks on Xahau, Regular Key).
Focus: Chain-abstraction wallet + name service (.tria handles). Cross-chain transfers without bridging. Asia-Pacific focus.
XRPL support: EVM + Solana + Cosmos. No XRPL native today but their chain-abstraction model could absorb XRPL via custom plug-in.
Public information — not a recommendation. Verify current XRPL coverage and custody model with each vendor before integration.
🏛️ Official portals by jurisdiction
Regulators, public registers and law texts to verify directly at the source. Opens in a new tab.
- RegulatorESMA — MiCA portal ↗
- Public registerESMA — Public CASP register ↗
- Law textEUR-Lex — MiCA Regulation 2023/1114 ↗
- Public registerFinCEN — MSB registration lookup ↗
- Public registerNMLS — State MTL register ↗
- RegulatorNYDFS — Virtual currency businesses (BitLicense) ↗
- Public registerOCC — Trust bank charters ↗
- GuidanceSEC — Crypto Assets ↗
- TaxIRS — Digital assets tax guidance ↗
- Law textMAS — Payment Services Act ↗
- Public registerMAS — Financial institutions directory ↗
- RegulatorVARA — Dubai Virtual Asset Regulatory Authority ↗
- Public registerVARA — Public licensee register ↗
- RegulatorADGM FSRA — Virtual asset framework ↗
📚 Official sources
Links to the laws and official guidance referenced in this report.
- ↪MiCA — Regulation (EU) 2023/1114· European Parliament
- ↪MiCA Articles 59-75 (CASP)· ESMA / National NCAs
- ↪Payment Services Directive (EU) 2015/2366· European Commission
- ↪FinCEN — MSB registration (31 CFR 1022)· FinCEN (US Treasury)
- ↪FinCEN MSB Registration· FinCEN
- ↪Bank Secrecy Act — 31 USC 5311· FinCEN
- ↪
- ↪OFAC Sanctions Compliance for Virtual Currency· OFAC (US Treasury)
- ↪
- ↪VARA Virtual Assets Regulations· VARA (Dubai)
- ↪MAS Payment Services Act (PSA)· Monetary Authority of Singapore
- ↪SFC VASP / VATP Licensing Regime· SFC (Hong Kong)
- ↪FCA Cryptoasset Registration Guide· FCA (UK)
- ↪
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