Compliance Research

Exchange AML Policies
Compared: 2026 Edition

Not all exchanges handle AML freezes the same way. Some respond in 48 hours, others take months. Some ask for a bank statement, others want three years of tax returns. This comparison — based on our casework across 21+ platforms — helps you understand what to expect and why your experience differs from what the exchange promises.

● Based on 1,500+ real cases ● Updated June 2026 ● By Nils Silinevics, former FIU
◆ Difficulty Ranking
Kraken
EASIER
Changelly / ChangeNOW
EASIER
Binance
MEDIUM
Coinbase
HARD
Tether (USDT)
VERY HARD
Based on 1,500+ real cases
The comparison

How 21+ exchanges compare on AML compliance

Data based on our casework, publicly available AML policies, and compliance correspondence. "Published timeline" = what the exchange tells users. "Real timeline" = what we observe in practice. "SoF depth" = how far back the exchange requires source-of-funds documentation.

Platform Regulator Published Timeline Real Timeline SoF Depth Compliance Tool Difficulty
BinanceAMF (FR), multiple10 business days7-30 days3-6 monthsChainalysisMedium
CoinbaseFinCEN, BitLicense (NY)5 business days5-21 days1-3 yearsEllipticHard
KrakenCBI (IE), FinCEN72h / 7d / 24h tiers3-14 days3-6 monthsCrystalEasier
BybitVARA (UAE)Not published14-45 days6-12 monthsChainalysisHard
OKXVARA, MAS, Bahama SCBNot published10-30 days6 monthsChainalysisMedium
KuCoinFinCEN (settled)7 business days7-21 days3-12 monthsSumsub + ChainalysisMedium
MEXCCayman IslandsNot published14-60+ daysVaries widelyUnknownHard
BitfinexBVI FSCNot published7-21 days1-3 yearsChainalysisMedium
HitBTCUnclearNot published30-180+ daysExcessiveUnknownVery Hard
CEX.IOFCA (UK), FinCEN5 business days30-300 days3 years (excessive)SumsubHard
Crypto.comMAS (SG), FinCEN7 business days7-30 days6 monthsChainalysisMedium
WhiteBitLithuania FCISNot published7-21 days3-6 monthsUnknownMedium
Gate.ioUnclear / LCSD (HK)Not published14-45 daysVariesUnknownHard
HTX (Huobi)Seychelles FSA, DMCCNot published14-60 daysVariesUnknownHard
ChangellyEstonia FIU24h refund window1-7 daysTransaction-specificSumsubEasier
ChangeNOWPoland / Estonia14d for LE1-7 daysTransaction-specificSumsubEasier
FixedFloatDubai (VARA area)7-30 days (ToS)3-14 daysTransaction + sourceAMLBotMedium
Tether (USDT)BVI (Tether Limited)Not published14-90 daysFull chain of custodyInternal + ChainalysisVery Hard
Circle (USDC)FinCEN, state MTLNot published7-30 daysFull chain + notarized IDEllipticHard

Data current as of June 2026. Based on Valken's casework and publicly available information. Individual experiences may vary. "Difficulty" reflects the complexity of resolving a freeze, not the likelihood of success.

Key takeaways

What the data tells us

01

Published timelines are rarely accurate

Every exchange that publishes a compliance timeline (Binance: 10 days, Coinbase: 5 days, Kraken: 72h-7d) significantly underestimates the real timeline. In our experience, the real resolution time is 2-4x longer than the published timeline. This is because published timelines assume the customer submits perfect documentation on the first attempt — which almost never happens. Each round of document requests adds 5-10 days.

02

Regulated exchanges are not necessarily faster

Intuitively, you might expect heavily regulated exchanges (Coinbase, CEX.IO) to resolve freezes faster because they have well-defined compliance procedures. In practice, they are often slower because their procedures are more rigid — every decision requires sign-off from multiple compliance officers. Less regulated exchanges (MEXC, Gate.io) can be slower for a different reason: they lack the staff to process cases efficiently. The fastest exchanges in our experience are Kraken (documented hold tiers) and Changelly/ChangeNOW (smaller scope = faster resolution).

03

SoF depth varies dramatically

CEX.IO asks for source-of-funds documentation going back 3 years — the most aggressive we have seen. Coinbase and Bitfinex typically ask for 1-3 years. Binance, Kraken, and KuCoin are more reasonable at 3-6 months. Swap services (Changelly, ChangeNOW) only ask for transaction-specific documentation, not your full financial history. Understanding the depth required helps you prepare documentation that matches the exchange's expectations — and avoid over-submitting (which can trigger additional questions).

04

The compliance tool matters

Exchanges that use Chainalysis tend to have more false positives (Chainalysis has the broadest address coverage and most aggressive risk scoring). Elliptic users (Coinbase, Circle) tend to have more nuanced risk models but are less transparent about their reasoning. Crystal users (Kraken) provide more detailed compliance documentation to customers. Sumsub users (Changelly, ChangeNOW, KuCoin) handle KYC verification but not transaction monitoring — so KYC issues are resolved faster but transaction-based freezes go through a different process.

05

Stablecoin issuers are the hardest

Tether and Circle freezes are significantly harder to resolve than exchange account freezes. This is because the freeze operates at the blockchain level (not the account level), the issuer has no customer relationship with you (you are not their customer — you just hold their token), and the documentation requirements are more formal (notarized ID, full chain of custody). If your USDT or USDC is frozen, expect a 2-12 week process — and legal representation is essentially mandatory.

Methodology

How we collected this data

This comparison is based on three sources: (1) our casework — 1,500+ crypto unlock and fraud recovery cases handled since 2022, where we have direct experience with each platform's compliance process; (2) publicly available AML/KYC policies published by each exchange on their websites; (3) compliance correspondence templates and response patterns shared with us by clients who attempted self-resolution before engaging our services.

"Real timeline" represents the 50th percentile case duration — half of cases resolve faster, half slower. Cases involving legal representation (ours) typically resolve 40-60% faster than self-managed cases, because we submit comprehensive documentation on the first attempt and bypass the support ticket queue through direct compliance correspondence.

This page is updated quarterly. Last update: June 2026. If you believe any data is inaccurate or outdated, contact us and we will review it.

Related resources

For details on a specific exchange, browse all platforms we work with. For an explanation of AML terms used on this page, see our crypto compliance glossary. For country-specific AML regulations, see our AML laws by country guide. For help deciding which service you need, see our service comparison.

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