Crypto deposits on property — one check at the point of payment, and a file the notary and the bank can read.
A buyer offers to pay the reservation deposit in USDT. Your obligation is not to have an opinion about crypto; it is to be able to show what you checked before you took it.
Estate agent, developer, or neither
These are three different positions and it is worth knowing which one you are in. The EU's anti-money-laundering regulation names estate agents as obliged entities, including when acting as intermediaries in letting where the monthly rent reaches EUR 10 000, and that regime applies from 10 July 2027. A developer selling its own units is not an intermediary, and whether it is caught depends on national law rather than on the regulation's own list.
That distinction decides how much programme you need. It does not decide whether you have to look at the payment. EU asset-freeze rules prohibit making funds or economic resources available to a designated person, and they bind every company constituted in a Member State and anyone doing business in the Union — no threshold, no sector gate. A developer who is not an obliged entity is still inside that prohibition, and so is its conveyancer.
The bank is the gatekeeper you will actually meet
In practice the crypto rarely reaches you as crypto: it is converted, and the euros arrive from an exchange or a payment provider. That is the moment your bank asks where the money came from, and 'the buyer said it was his savings' is not an answer that gets a completion date. What does get one is a document showing which address paid, that the transaction existed on-chain with that amount, that the address was screened against current sanctions data, and what you decided.
The same document is what a notary, an auditor or a future buyer's lawyer needs. It costs one check at the right moment; reconstructing it two years later usually costs the deal.
How KYTGate fits a business that does this occasionally
Most agencies and developers do not need a platform — they need a handful of checks a year with something to file afterwards. The free plan covers 50 screenings a month with no card, the sanctions and stablecoin-freeze tools on this site need no account at all, and each screening produces a signed Decision Receipt and an exportable evidence pack that goes in the transaction folder like a search or a survey.
What is deliberately not here: KYTGate holds no buyer names or documents, does no identity verification, and will not tell you who owns an address. It tells you whether an official list or a stablecoin issuer has something to say about it, whether the payment you were told about is real, and what you decided — with the date and the data attached.
Three situations, handled
The paying address appears on a sanctions list
An exact match names the designating list and the designation the list publishes the address under — the publisher's wording, never ours — and the receipt records the snapshot it was read from.
The money arrives from an address the buyer never declared
On-chain verification compares the transaction you were given with what the chain says. A sender that is not the declared one is a question on the case, before the funds are treated as received.
The notary asks what you did
Export the evidence pack: a self-contained file with the inputs, the list snapshot hashes, the policy and the signature. It can be verified with a published key by someone who trusts neither of us.
Best fit: estate agencies, developers and conveyancers who see crypto-funded purchases a few times a year and want one defensible check on file rather than a compliance programme they will not use.
Still working out which obligations apply to you? Who must screen crypto payments sets out the two layers — sanctions, which bind every EU business today, and due diligence, which binds a defined list of sectors from 2027 — with the source next to each row.
Decision-support software, not legal advice. Which obligations apply to you depends on your licence and structure — confirm with counsel.