This Anti-Money Laundering and Know Your Customer Policy ("Policy") applies to all players who register and transact on vavve.nl, operated by TechOptions Group B.V. under a licence issued by the Curacao Gaming Authority. It sets out the obligations Vave assumes under applicable legislation, and the obligations players accept when using the platform.
TechOptions Group B.V. ("Vave", "we", "us", "our") is committed to preventing the use of vavve.nl for money laundering, terrorist financing, or any other financial crime. As a licensed operator under the Curacao Gaming Authority, we are required to implement and maintain robust AML and KYC controls proportionate to the risks inherent in online gambling. This Policy describes how we identify players, monitor transactions, detect suspicious activity, and fulfil our reporting duties. All staff, contractors, and third-party service providers engaged in the operation of vavve.nl are required to comply with this Policy.
Vave operates in accordance with:
Where national law in a player's jurisdiction imposes additional obligations, those obligations apply concurrently with this Policy.
Vave adopts a risk-based approach to AML and KYC. This means the level of due diligence applied to any given player or transaction is proportionate to the assessed risk of money laundering or terrorist financing. Risk factors we consider include, but are not limited to:
Players assessed as lower risk may be subject to standard due diligence. Players assessed as higher risk will be subject to Enhanced Due Diligence (EDD) before we process further transactions or release winnings.
As stated on vavve.nl, KYC verification is not required at the point of registration. However, verification must be completed before withdrawing larger amounts, and Vave reserves the right to request documentation at any time during a player's account lifecycle — including at the point of deposit, prior to any payout, or whenever our internal monitoring flags a concern. Players are strongly encouraged to submit documents early so that verification does not delay a withdrawal request.
To verify identity, Vave may request one or more of the following:
For players whose transaction volumes, withdrawal requests, or risk profile meet our internal escalation thresholds, Vave may request Source of Funds or Source of Wealth documentation. This is not a punitive measure — it is a legal obligation. Acceptable evidence may include:
We will specify what documentation is required and provide a reasonable timeframe for submission. Failure to provide satisfactory documentation may result in funds being held pending review, or the account being restricted.
Enhanced Due Diligence is applied automatically in the following circumstances, and may be applied at our discretion in any other case that warrants it:
EDD may include any combination of the above documentation requests, direct interview or written questionnaire, blockchain analytics review of wallet addresses used, and senior compliance officer sign-off before funds are released.
Vave screens all players at registration and on an ongoing basis against recognised PEP databases and international sanctions lists, including those maintained by the UN, EU, OFAC, and HM Treasury. If a player is identified as a PEP, a family member of a PEP, or a close associate of a PEP, a senior compliance officer must approve the business relationship before or immediately after onboarding. A PEP status does not automatically result in refusal; it does result in EDD and ongoing enhanced monitoring.
If a player matches or appears on a sanctions list, Vave is required to freeze funds and report to the relevant authority immediately. No funds will be released pending the outcome of that process.
Vave employs automated transaction monitoring systems that operate continuously across all player accounts. These systems are configured to flag activity that deviates from expected patterns, including but not limited to:
Alerts generated by the monitoring system are reviewed by our compliance team. Depending on the outcome of that review, the account may be cleared, flagged for further investigation, subjected to EDD, suspended, or reported to the appropriate authority.
Vave accepts nine cryptocurrencies — BTC, ETH, USDT (TRC20, ERC20, and Solana networks), LTC, DOGE, XRP, and TRX — for both deposits and withdrawals. Because all financial flows on vavve.nl are crypto-denominated, we apply blockchain analytics as a core component of our AML programme. This includes:
Players are required to use wallets registered in their own name. Third-party wallet payments are not accepted. If our blockchain analytics identify that funds have passed through a high-risk service or address prior to reaching Vave, we reserve the right to request additional documentation, hold the funds, or file a Suspicious Activity Report (SAR).
| Cryptocurrency | Minimum Deposit | Network Confirmations Required |
|---|---|---|
| BTC | 0.0014965 BTC | 1 |
| ETH | 0.0109934 ETH | 2 |
| USDT (TRC20) | 5 USDT | 2 |
| USDT (ERC20) | 19.99 USDT | 2 |
| USDT (Solana) | 3 USDT | — |
| LTC | 0.03471733 LTC | 1 |
| DOGE | 42.18 DOGE | 1 |
| XRP | 7.8 XRP | 1 |
| TRX | 38.82 TRX | 1 |
The following limits apply across all accounts on vavve.nl and form part of our AML controls:
| Parameter | Detail |
|---|---|
| Minimum Deposit | 20 USDT (or crypto equivalent) |
| Maximum Deposit | No stated maximum; large deposits subject to enhanced monitoring |
| Minimum Withdrawal | 20 USDT (method-dependent) |
| Large Withdrawal Threshold | 50,000 USDT or above — may be paid in instalments over up to 30 days |
| Withdrawal Destination | Player's own cryptocurrency wallet only; third-party wallets not permitted |
Where a withdrawal of 50,000 USDT or above is requested, our compliance team conducts a full review of the account prior to, or during, the instalment payment period. This is not optional and cannot be waived by the player.
Where our compliance team identifies activity that gives reasonable grounds to suspect money laundering or terrorist financing, we are required to file a Suspicious Activity Report (SAR) with the relevant Financial Intelligence Unit (FIU) or competent authority. This obligation applies regardless of the amount involved and regardless of whether the player has completed KYC verification.
In accordance with legal requirements, Vave staff are strictly prohibited from tipping off a player — or any associated party — that a SAR has been, or may be, filed. Any communication that might prejudice an investigation is itself a criminal offence. Players should be aware that account access may be restricted and funds held during an investigation without explanation being given.
Vave retains the following records for a minimum of five years from the date of the relevant transaction or the termination of the business relationship, whichever is later:
Records are stored securely in a manner that allows them to be retrieved promptly in response to a lawful request from a regulatory or law enforcement authority.
All staff at TechOptions Group B.V. who handle player accounts, process transactions, or provide customer support are required to complete AML and KYC training at induction and on a regular refresher basis thereafter. Training covers recognition of suspicious activity indicators, escalation procedures, tipping-off restrictions, and the specific risks associated with cryptocurrency-denominated gambling. Records of training completion are maintained by the Compliance Officer.
TechOptions Group B.V. has appointed a designated AML Compliance Officer ("AMLCO") responsible for:
Players with compliance-related queries may contact our support team via 24/7 Live Chat or email through vavve.nl. Queries will be escalated to the AMLCO where appropriate.
By registering on vavve.nl, players confirm and agree that:
Vave reserves the right to take any of the following actions where a player fails to comply with this Policy, provides false information, or where we identify suspicious activity:
Where funds are held pending investigation, Vave will comply with any order or instruction from a competent authority regarding those funds, which may prevent their release to the player indefinitely.
Vave recognises that problem gambling and financial crime can intersect. Our player monitoring systems consider responsible gambling indicators alongside AML indicators. Players who appear to be depositing beyond their apparent means, or whose behaviour suggests financial harm, may be contacted by our player protection team independently of any AML review. Players who wish to set deposit limits, take a cooling-off period, or self-exclude may do so at any time through their account settings or by contacting our 24/7 support team.
This Policy is reviewed at least once per calendar year by the AML Compliance Officer and updated as necessary to reflect changes in applicable law, regulatory guidance, FATF recommendations, or our business operations. The version published on vavve.nl at any given time is the current version. Continued use of the platform constitutes acceptance of the Policy as updated.
If you have questions about this AML/KYC Policy or need to submit verification documents, please contact us through the 24/7 Live Chat function on vavve.nl or via our support email address available in the Help section of the site. All compliance-related correspondence is handled by trained staff and escalated to the AMLCO where required.
