Starting January 1, 2026, some crypto payments and payouts require additional verification due to new global compliance requirements (the Crypto Travel Rule). These changes apply to transactions processed through Confirmo and are regulatory, not optional.
How does this affect me?
- Payments you make over €500 require KYC verification before processing
- Payouts you receive over €500 require KYC verification
- Transactions under €500 are not affected
Do I need to verify my identity for crypto payments?
Only if your payment exceeds €500. For payments over this threshold, Confirmo will prompt you to complete KYC verification. The specific requirements depend on your country of residence.
Payments under €500 proceed without additional verification.
Do I need to verify my identity for crypto payouts?
Yes, if your payout exceeds €500, it requires KYC verification under the Crypto Travel Rule.
If your payout requires verification:
- Check your email for a message from Confirmo
- Submit the requested documents
- Your payout will be processed once verification is complete
Responding promptly to Confirmo’s request helps avoid delays.
Who handles verification?
All verification is handled entirely by Confirmo. We do not collect identity documents or review verification data.