Compliance at Swing

At Swing, compliance isn’t just a term we casually use – it forms the backbone of our unwavering commitment to our users and the broader web3 community. By diligently upholding robust compliance standards, we not only meet legal benchmarks but also guarantee a safe environment for our users.

Proactive AML Compliance Measures

Swing has integrated with Elliptic, a leading provider of proactive Anti-Money Laundering (AML) compliance solutions. This integration empowers Swing with advanced capabilities for real-time transaction monitoring and wallet screening, provided by Elliptic's holistic screening approach and next-generation blockchain analytics.

By leveraging Elliptic's capabilities, Swing reinforces its commitment to maintaining the highest standards of compliance, providing a secure and trustworthy platform for users globally.

Geographic Restrictions

To stay aligned with international regulations and ensure a compliant environment, Swing has put into action the following measures:

Users connecting from the United States, Canada, or any OFAC-listed countries will face IP blocks in line with regional compliance requirements.

  • Mainnet Transactions: Users hailing from the aforementioned regions are barred from executing mainnet transactions involving real funds via Swing.

Developers integrating Swing: learn how you can check if your users are interacting with our systems from a restricted geographic region here.

OFAC Restricted Countries

OFAC-listed countries and regions We restrict users from the following countries or regions, as pinpointed by the Office of Foreign Asset Control (OFAC):

  • Nations of the Balkans
  • Belarus
  • Burma
  • China
  • Cote D'Ivoire (Ivory Coast)
  • Cuba
  • Democratic Republic of Congo
  • Iran
  • Iraq
  • Liberia
  • North Korea
  • Sudan
  • Syria
  • Zimbabwe

Additionally, users singled out as a Specially Designated National by OFAC (referred to as a “Prohibited Person”) are also restricted.

As the regulatory sphere transforms, so will our compliance measures. We remain thankful for your understanding and unwavering support in making the web3 space secure and inclusive.

For any further questions or clarifications, our support team stands ready to assist.