Risk & Compliance Disclosure

Anti-Money Laundering/Combating the Financing of Terrorism (AML/CFT)
Money laundering and the financing of terrorism are financial crimes with economic effects. Money laundering requires an underlying, primary, profit-making crime (such as corruption, drug trafficking, market manipulation, fraud, tax evasion), along with the intent to conceal the proceeds of the crime or to further the criminal enterprise.

These activities generate financial flows that involve the diversion of resources away from economically- and socially-productive uses—and these diversions can have negative impacts on the financial sector and external stability. They also have a corrosive, corrupting effect on society and the economic system as a whole. Because of the negative consequences of these forms of financial abuses on our economies and financial systems,  

UnionBlock is very active in the AML/CFT  controls to mitigate the adverse effects of criminal economic activity and promote integrity and stability in financial markets.

AML/CTF Program

This Risk & Compliance Disclosure should be read in conjunction with the Terms of Service (Terms) of Union Block LLC ("UnionBlock"). We aim to make you aware of the important risks and compliance matters associated with trading on our platform.

Purpose of Our Program

Union Block has put in place a comprehensive Anti-Money Laundering, Anti-Terrorist Financing, and Trade & Economic Sanctions Program ("AML/ATF/Sanctions Program" or "Program") to ensure a secure, transparent, and compliant digital asset trading platform. Our goal is to encourage lawful, transparent business activities and maintain trust among our customers, regulatory authorities, and the digital asset industry.

Our Role and Activities

UnionBlock operates as a global digital asset off-exchange trading platform. Traders participate as buyers and sellers, and UnionBlock does not act as a counterparty to any trade. Our services are accessible via our website, API, and mobile applications. Disclosure: Trading digital assets involves substantial risk. Losses can be significant, and you should consider whether trading is appropriate for your financial condition.

Regulatory Landscape

UnionBlock is a licensed Money Service Business registered with FinCEN in the United States and is required to comply with various financial laws and regulations. We believe that digital assets are an innovative alternative asset class and should not be considered as currency or money. Disclosure: Digital assets are not backed by any government or central bank. UnionBlock adheres to all applicable laws and regulations in the jurisdictions in which we operate.

Program Layer 1: Customer Identification: We implement rigorous customer identification programs in line with international standards like the Financial Action Task Force (FATF). Layer 2: Risk-Based Due Diligence. Customers are screened against various government-provided lists of sanctioned individuals and entities. Layer 3: Ongoing Monitoring. Suspicious activities are reported to local regulatory authorities. Disclosure: RisksTrading in digital assets is high-risk. Consider your financial situation carefully before engaging in trades.


For customer service inquiries, please contact our 24/7 support via chat or email at otc@unionblock.io
For law enforcement queries, email us at compliance@unionblock.io.