To comply with EU regulations, CryptoProcessing by Coinspaid has to collect user data for all transactions. This affects three endpoints:
As an EU-based entity, CryptoProcessing by Coinspaid is required to comply with the MiCA (Markets in Crypto-Assets) regulations that aim to combat money laundering. This includes collecting certain data about natural persons and companies who send and receive crypto using our services. We are not collecting anything outside of the data you and your customers provide in API calls and in-app transactions.
What data is required
When you generate a new crypto address or create an invoice, you need to provide certain user data depending on who the sender is. This includes the sender_type parameter (either legal or natural) and the sender_data object. To make a withdrawal, you also need to share the same information about the recipient (receiver_type and receiver_data). In case of internal transfers within a company, receiver_type can be set to self.
For legal entities, we ask for the company name and registration country. For natural persons, you need to provide the sender’s first and last names and their date of birth.
| Legal entity | Natural person |
|---|
- Company name (required)
- Country of registration (required)
- Email (optional)
|
- First name (required)
- Last name (required)
- Date of birth (required)
- Email (optional)
|
Last modified on July 9, 2026
