Sumsub, a global identity verification and anti-fraud platform, has been selected by cryptocurrency exchange platform XBO.com, to deliver faster, more secure and fully MiCA-aligned onboarding and transaction monitoring for corporate and retail users. 

As compliance requirements grow stricter across jurisdictions, businesses increasingly need high-quality Know-Your-Customer (KYC) and Know-Your-Business (KYB) checks that do not slow user acquisition or create unnecessary onboarding drop-off. XBO.com currently processes thousands of verification checks monthly across global regions. So, with more than 420 million crypto holders worldwide, onboarding quality is a defining factor in user trust and commercial scalability.

“Secure identity verification is the backbone of regulatory compliance in crypto,” said Jacob Thompson, VP of Sales, EU/UK at Sumsub. “Working with XBO.com brings together advanced fraud prevention, automated Travel Rule compliance and global onboarding standards in one environment. As regulations mature, especially with MiCA, businesses need solutions that simplify compliance without slowing growth. Together, we are helping firms adopt crypto payments with confidence and clarity.”

“MiCA has raised the bar for operational integrity across Europe,” said Lior Hanel, Chief Governance Officer at XBO.com. “By integrating identity verification, AML screening and Travel Rule into one unified workflow, we are strengthening the compliance foundation that our clients depend on. This partnership enables XBO.com to deliver secure, transparent and regulation-ready crypto payments at scale.”

XBO.com will integrate Sumsub’s identity verification, KYC/KYB processes, AML screening and transaction monitoring tools across its payment and treasury infrastructure. This unified compliance workflow will streamline onboarding, reduce operational overhead, and help eliminate fragmented verification processes for XBO.com’s clients handling crypto payments.

In the next phase, XBO.com will also leverage Sumsub’s advanced compliance infrastructure to seamlessly implement MiCA-driven Travel Rule requirements across all customer transactions. By integrating Sumsub’s automated identity verification, transaction monitoring, and cross-border data-sharing capabilities, XBO will ensure that every future crypto-asset transfer includes the mandatory sender and recipient information in full alignment with EU regulatory standards.

This means businesses using XBO.com’s services can access a crypto payments environment designed to support end-to-end compliance, from day one. With this turnkey compliance foundation in place, businesses can adopt crypto payments without additional regulatory complexity or operational overhead. The collaboration primarily will support fintech platforms, iGaming operators, PSPs and EMIs, brokerages, as well as corporates using XBO.com’s CryptoPayX payment processing service, and ecommerce merchants adopting crypto payments for the first time.

Sumsub ensures that onboarding flows meet regulatory expectations across multiple jurisdictions, helping businesses maintain compliance as they expand into new markets. Together, the companies provide an end-to-end crypto payment and treasury set-up that supports secure transactions and streamlined compliance monitoring.

Sumsub and XBO.com will continue expanding regional coverage in line with regulatory developments and market entry plans, ensuring businesses maintain reliable compliance infrastructure as they scale.