A counterparty is the other side of a transaction or relationship. In crypto compliance, it may be a wallet address, exchange account, smart contract, merchant, customer, or known entity that sends, receives, holds, or controls value in a transfer. Screening counterparties helps assess whether activity touches prohibited or higher-risk actors.
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Glossary term
What is Counterparty?
A counterparty is the other side of a transaction or relationship. In crypto compliance, it may be a wallet address, exchange account, smart contract, merchant, customer, or known entity that sends, receives, holds, or controls value in a transfer. Screening counterparties helps assess whether activity touches prohibited or higher-risk actors.