What is Compliance Reporting?
Compliance Reporting tools in web3 help developers and organizations generate, manage, and submit reports required to meet regulatory and legal standards. These tools typically include transaction monitoring, audit trail generation, tax reporting, and risk assessment features tailored for blockchain activities. They serve use cases such as ensuring adherence to anti-money laundering (AML) regulations, tax compliance, and internal governance for decentralized applications and crypto businesses. Key characteristics include data aggregation from multiple blockchain sources, automated report generation, and integration with regulatory frameworks. Related categories include Monitoring for security audits and Wallets for identity and transaction tracking. Developers should seek Compliance Reporting tools when they need to meet legal obligations, prepare for audits, or maintain transparent records of on-chain activity.