Section 64G(3)

In assessing the level of risk under paragraph (2)(b), a cryptoasset business must take account of factors including— the purpose and nature of— the business relationship with its customer (whether beneficiary or originator); and the unhosted wallet transfer; the value of the unhosted wallet transfer and any cryptoasset transfer which appears to be linked; the frequency of cryptoasset transfers made by or to the customer (whether beneficiary or originator) via the cryptoasset business; and the duration of the business relationship with its customer.

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Source: legislation.gov.uk · retrieved 2026-09-04