As you are probably aware, the topic of risk management is highly unique to each organization, so we, unfortunately, cannot advise on what risk management actions are appropriate for your organization.

Engiven takes very seriously the topic of money laundering and as such does not provide a giving address for anonymous donations over $1,000USD equivalent amounts. If an organization wishes to implement additional controls to conduct further donor verification activities or obtain donor attestations (e.g. source of funds), we have seen this typically implemented through a restricted-access or non-public giving page.

To reduce exposure to money laundering risks, we encourage any organization to involve legal counsel in the establishment of an AML Policy, Risk Management framework, and/or a robust gift acceptance policy outlining any specific provisions for unique gift types.

Blockchain was invented in part to create a more secure transaction between two parties. We believe the process of donating cryptocurrency should fit that exact mold.

As with any form of electronic payment or transaction, there are risks involved. However, Engiven has created certain safeguards that are needed to ensure that the transaction is secure.
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By using the Engiven platform, the nonprofit is required to undergo a simple but effective Know Your Customer (KYC) and Anti-Money Laundering (AML) screening which provides a high level of background security to ensure the parties are properly screened.

In addition to all of this, Engiven's exchange partner, Gemini, is an SEC-regulated cryptocurrency exchange and is known as one of the most secure of its kind. Feel free to find Gemini's security details here.