In today's borderless digital economy, the intersection of citizenship, cryptocurrency, and compliance creates both opportunities and challenges. Grenada – known for its Citizenship by Investment program and offshore financial services – sits at this crossroads with a respectable passport that offers global mobility, yet draws heightened due diligence from financial platforms.

For Grenadian passport holders looking to use major crypto services like Crypto.com, it's crucial to understand how the Know Your Customer (KYC) verification process works in 2025 and what special considerations might apply.

This guide provides a comprehensive look at Crypto.com's KYC requirements for individuals with a Grenada passport, step-by-step verification instructions, and insight into Grenada's regulatory standing to ensure a smooth onboarding experience.

Whether you are a native Grenadian or obtained your Grenada passport through investment, this report will walk you through everything you need to know about Crypto.com's verification process and regulatory context as of 2025.

Crypto.com's KYC Requirements: An Overview

Crypto.com is a globally licensed cryptocurrency platform that enforces mandatory KYC for all users as a cornerstone of its compliance model. KYC (Know Your Customer) is the standard process by which financial services verify a customer's identity to prevent fraud, money laundering, and other illicit activity.

On Crypto.com, this means every new user must provide personal information and official documents to prove who they are before gaining full access to the app's features. This typically involves submitting a government-issued ID (such as a passport or driver's license) during signup.

If you're opening an account with a Grenadian passport, you will need to go through the same verification steps as any other user – providing your identity details and documents for review.

Crypto.com's KYC process has a tiered structure. Basic registration gathers personal data (name, address, etc.) and at least one identity document, while higher-tier verifications may ask for additional documentation as you unlock more features (like higher trading limits or a Visa card).

The platform emphasizes a compliance-first approach worldwide: even in countries where crypto regulations are still evolving, Crypto.com applies a uniform set of stringent KYC/AML standards that meet or exceed the requirements of the strictest jurisdictions.

This means that Grenadian users are subject to the same robust verification as users from the U.S. or EU, ensuring international AML/CFT best practices (such as sanctions screening, PEP checks, and the FATF "Travel Rule" for large transfers) are followed.

The good news is that Grenada is an accepted jurisdiction on Crypto.com (it is not on Crypto.com's restricted country list), so Grenadian passport holders can sign up freely – and Crypto.com's high standards help protect you and the platform's integrity.

Below, we break down the step-by-step verification process on Crypto.com and highlight exactly what a Grenadian citizen will need to provide.

Step-by-Step Verification Process for Grenadian Users

Signing up for Crypto.com with a Grenada passport involves a few straightforward steps using the Crypto.com mobile app. All account opening is done in-app – do not attempt to email documents, as the platform will only accept uploads through the official app.

Make sure you have a stable internet connection and your identification documents on hand. Here's what to expect:

1. Download the Crypto.com App & Provide Basic Info

Install the Crypto.com app on your smartphone and begin the registration. You will be prompted to enter personal information including your full legal name, date of birth, nationality (Grenada), and residential address, as well as an email and phone number for contact.

Use your true information as shown on your passport. Crypto.com will also send a one-time passcode (OTP) to your phone to verify your number, and you'll need to verify your email. This establishes your basic profile in the system.

2. Submit Your Identity Document

Next, you'll need to submit a picture of a government-issued ID to prove your identity. For Grenadian citizens, the best document to use is your passport, as Crypto.com recommends passports in the majority of cases.

Within the app, select the option to upload your ID and use your phone's camera to take a clear photo of your Grenada passport. Typically, you will photograph the photo/information page (the page with your picture, name, passport number, etc.).

Ensure the image is well-lit and all details are visible. If you do not have a passport, Crypto.com can accept a National ID card or driver's license as alternatives, but a passport tends to result in faster approval.

Double-check that you select "Grenada" as the issuing country if prompted.

3. Proof of Address (If Required)

For the initial KYC tier, proof of address may not be immediately required in all cases. However, as you progress to higher account levels or if Crypto.com's compliance team requests it, you should be prepared to provide a proof of residential address.

This typically means uploading a recent utility bill, bank statement, or government correspondence that shows your name and current address. The document should be official, dated within the last 6 months, and match the address you entered.

Acceptable documents for address verification include electricity/water bills, a letter from a government agency, or a statement from a bank or insurance company, among others.

Make sure to capture the full page in the photo (all four corners visible) and that the document is unaltered. If your Grenadian passport lists an address, that alone may not suffice – a separate proof of address document could be needed for higher-tier verification.

4. Complete Selfie and Biometric Check

Crypto.com will ask you to perform a facial verification step to confirm that you are the person on the ID document. Using the app, you'll either take a live selfie photo or follow a short on-screen video instruction (like turning your head or reading numbers) to capture your face from multiple angles.

Ensure you are in a well-lit area and remove any hats or glasses. This biometric data is compared to your passport photo to prevent identity theft.

Crypto.com's system uses this selfie to verify liveness (that you're a real person, not just a photo) and that your face matches your Grenada passport image. Follow any prompts carefully – if the app fails to capture a clear face image, you may need to retry this step.

5. Submit and Wait for Approval

Once you have provided your personal info, ID, (and address proof if required) and completed the selfie check, submit your application for review. Your status will show as "Verification Pending" while Crypto.com's compliance team reviews your documents.

Approval times can vary – in many cases it's only a few hours, but it may take up to a couple of business days depending on factors like the volume of sign-ups, your country, and the quality of your submission.

Grenadian passport applications generally follow normal timelines. If everything is in order, you'll see your status update to "Your Verification is Approved", typically within 1–3 days. You will then have full access to buy, sell, and transfer crypto on the platform.

If more than 3 business days pass with no update, it's advised to contact Crypto.com Support via the in-app chat.

6. Additional Information (Higher Tiers)

For most regular users, the above steps complete the KYC. However, if you plan to use advanced features (like very high-value transactions, fiat withdrawals, or Crypto.com's higher-tier Visa card), be aware that Crypto.com might request supplementary KYC information.

This can include disclosure of your source of funds or wealth, your occupation, or the purpose of your crypto account. These fall under Enhanced Due Diligence for higher-risk or higher-activity accounts.

For example, if you begin transacting large sums, Crypto.com may ask how you acquired the money (salary, business income, investment, etc.). Grenadian users who obtained citizenship via investment should be prepared to show evidence of the origin of the funds they are using in crypto, if asked.

Such extra steps typically align with Level 3 "Advanced Verification" on Crypto.com, which unlocks the highest limits. You will be notified by Crypto.com if any additional documents or info are needed – otherwise, the standard verification is sufficient for normal use.

Once your account is verified, you're all set – you can now use Crypto.com's services as a fully verified Grenadian customer. Keep in mind that KYC is an ongoing process: Crypto.com may periodically prompt you to update documents or information (for example, when your passport expires or if there are unusual account activities).

Always ensure your provided information stays current to avoid any account restrictions.

Special Considerations for Grenadian Passport Holders

Using a Grenada passport on Crypto.com is generally straightforward, as Grenadian IDs are accepted for KYC purposes just like those of any other non-restricted country. There is nothing inherently problematic about Grenadian citizenship; however, there are a few Grenada-specific considerations that users should keep in mind during the verification process.

These mainly stem from the fact that Grenada is known for its investment citizenship program and its status as an offshore financial center, which can draw a bit of extra scrutiny from compliance teams:

Citizenship by Investment (CBI) Passport Scrutiny

If you obtained your Grenadian passport through the Citizenship by Investment (CBI) program (rather than by birth or descent), be aware that crypto exchanges may flag this internally for additional checks.

Global compliance teams are trained to give extra attention to passports from CBI programs, not because the passports are invalid, but because international watchdogs have noted that such programs could be misused by bad actors to obscure their identity or source of funds.

What does this mean for you? Simply that Crypto.com might perform enhanced due diligence if they recognize your passport as a CBI one – for example, they might ask for additional proof of identity or background.

This could include providing your naturalization certificate or citizenship certificate from Grenada, or documents showing your prior nationality or residence, especially if your current residence is outside Grenada.

Don't be alarmed if this happens; it's a standard precaution. Having digital copies of your citizenship certificate or a letter from Grenadian authorities could be helpful to promptly satisfy any queries.

Source of Funds and Wealth

Related to the above, if your Crypto.com account will see large transfers (say, funding from a foreign bank or big crypto purchases), be prepared for possible questions about your source of funds/wealth.

Grenada's CBI program requires significant investment (often upwards of $150,000), which means CBI citizens presumably have substantial assets. Crypto.com, in line with global AML practices, may request information on how you earned the money you are bringing into crypto – e.g. business profits, salary, property sale, inheritance, etc.

This is to ensure the funds are not illicit. Grenadian users should keep records of major fund sources. If you can readily document the legitimate origin of your funds (tax returns, bank statements, investment portfolio records, etc.), any extra verification will go more smoothly.

This level of inquiry typically occurs only for high-value accounts or if triggered by unusual activity, but it's wise to be prepared.

Residency Mismatch

Crypto.com might take note if there's a mismatch between your citizenship and your apparent location. For instance, if you have a Grenada passport but are signing up from an IP address in a different country (which is common for CBI passport holders who don't reside in Grenada), the automated systems might flag this for review.

You may be asked to clarify your country of residence or provide proof of residence in whatever country you live in. This is normal – many people have second citizenships.

Just be honest about where you live and why (e.g., "I am a citizen of Grenada through its investment program, but I reside in Dubai"). Crypto.com's terms allow use by non-residents as long as the country of residence itself isn't restricted.

Since Grenada is not on any banned list, using the passport from abroad is fine; you might simply need to confirm both your citizenship and residence details.

Processing Time

Because of the above factors, verification for Grenadian passports (especially investment-based passports) could take a little longer than average. While many users get verified within hours, don't be surprised if yours takes a couple of days while additional databases are checked.

Crypto.com's team might manually review Grenada-passport applications with extra care, given the broader compliance context. In 2025, global financial institutions remain cautious with documents from jurisdictions known for "offshore" services, purely to ensure all regulatory boxes are ticked.

The key is to remain patient – and check your email in case the compliance team requests follow-up documents. Providing any requested info promptly will help avoid delays.

Despite these considerations, it's important to note that Grenadian passports are generally accepted on Crypto.com without issue. Grenada is a reputable member of the international community, and as we will see in the next sections, it is not subject to any international blacklist or sanctions that would bar its citizens from using global financial platforms.

In practice, thousands of Grenadian citizens (including those from the diaspora or with dual citizenship) use exchanges like Crypto.com successfully. By being prepared and transparent, you can navigate any extra checks with ease.

Compliance is a two-way street – by cooperating with reasonable requests, you ensure your account remains in good standing.

Crypto.com's Global Compliance Approach (and How It Relates to Grenada)

Crypto.com prides itself on a strong global compliance framework that treats every user with the highest standard of due diligence, regardless of their country. This uniform approach is especially reassuring for Grenadian users, because even though Crypto.com may not be physically based or licensed in Grenada, it still enforces world-class KYC/AML controls that align with international norms.

Here's what this means in practice:

One Standard for All Jurisdictions

Crypto.com applies the same KYC verification process worldwide. If you sign up in Europe, Asia, or the Caribbean, the required identity information is largely identical. This "single standard" policy ensures that even users from smaller nations like Grenada go through robust checks.

From a compliance perspective, Crypto.com often goes beyond the minimum local requirements. For example, even if Grenadian law didn't explicitly demand a selfie verification (though in fact it does require stringent checks, as we'll cover), Crypto.com would still do it because its internal policies require it everywhere.

For Grenadian passport holders, this means you are benefiting from the platform's experience in meeting the strictest regulations (like those in the EU, UK, and US). In effect, Crypto.com treats your Grenada-based account with the same caution as it would treat an account in a highly regulated market – providing a layer of trust and security.

AML/CFT Measures and Monitoring

Once your identity is verified, Crypto.com's compliance doesn't stop there. The platform continuously monitors transactions for any signs of illicit activity. All users – including Grenadians – are subject to automated systems that flag suspicious patterns, large transfers, or connections to risky entities.

For example, if an account suddenly receives a much larger deposit than usual, it might trigger a review (perhaps asking you to confirm the source of funds, as noted earlier). Crypto.com also conducts sanctions screening, meaning it checks user details against international sanctions lists and databases of politically exposed persons (PEPs).

Grenada itself is not under any sanctions (more on this below), so ordinary Grenadian users won't hit any sanctions red flags. However, if an individual user was on, say, an OFAC watchlist, Crypto.com would catch that.

These controls operate in the background and for the vast majority of law-abiding users, they are never intrusive. It's simply worth knowing that Crypto.com employs advanced compliance technology (transaction pattern analysis, risk scoring, etc.) to keep the platform safe.

This protects you as a user as well, by helping prevent fraud on the platform.

Adherence to International Standards

Crypto.com explicitly aligns its policies with international guidelines, such as the FATF Recommendations for cryptocurrency businesses and the EU/US AML rules. For instance, the FATF's "Travel Rule" – which requires exchanges to share sender/recipient information for large crypto transfers – is implemented by Crypto.com globally.

So if you were to send a big amount of crypto from your Crypto.com wallet to another exchange, be aware that certain identifying information may travel with that transaction to meet regulatory obligations (this is normal and happens behind the scenes).

Additionally, Crypto.com's terms of service require users to comply with all relevant laws and confirm they are not located in banned jurisdictions. Since Grenada is not on any banned list, you simply must ensure you truthfully state your residency and citizenship during signup (which we covered in the steps).

Crypto.com's internal controls – from staff training to audit trails – are designed to satisfy regulators in the various countries where it holds licenses. In short, even though you as a Grenadian user are accessing an international platform, you are getting a level of compliance oversight akin to using a licensed financial institution anywhere in the world.

Exceeding Local Requirements

It's worth noting that Grenada's own regulations (through GARFIN, the local regulator) require crypto businesses to implement thorough KYC and AML programs. Crypto.com does not currently have a local office in Grenada, but its global compliance likely meets or exceeds Grenada's domestic requirements.

For example, Grenada's law might require exchanges to keep transaction records for X years; Crypto.com globally might already keep them for longer. The platform's heavy investment in compliance effectively substitutes for any local oversight.

This was similarly observed in other small nations – Crypto.com can operate responsibly by applying universal safeguards rather than tailoring to each jurisdiction's weaker or stronger rules.

For you as the user, this means you can trust that even though Crypto.com isn't "Grenadian," it still handles your account in a way that would satisfy Grenadian authorities if it ever came under review. (Indeed, many of Crypto.com's practices would tick the boxes of Grenada's Virtual Asset Business Act, which we discuss next.)

Overall, the takeaway is that Crypto.com's compliance infrastructure has you covered. As long as you provide honest information and documents, the platform will guide you through the verification and then quietly ensure that all activity remains above-board.

Cases of Grenadian users encountering problems are rare, and usually resolved by providing whatever extra info is needed. Crypto.com's ethos in 2025 is "act local, think global" in compliance – meaning every user, Grenadian included, is treated with the diligence a global financial hub demands.

This approach not only keeps Crypto.com in good legal standing but also helps Grenadian users by fostering trust that their account is held to the highest integrity standards.

Grenada's Regulatory Landscape and KYC Implications

To round out this guide, it's important to understand Grenada's own position in the international financial regulatory arena, because that context can influence your experience on platforms like Crypto.com.

Here we examine Grenada's AML/CFT status, international watchlists, and local crypto regulations as of early 2025, and what that means for KYC eligibility on Crypto.com.

FATF Status and International Watchlists

Grenada is in good standing with global anti-money laundering bodies. It is not on the FATF "grey list" or "blacklist" of jurisdictions with strategic AML deficiencies.

The FATF (Financial Action Task Force) last evaluated Grenada in a mutual assessment concluded in 2022, and while that review noted areas for improvement, Grenada was deemed compliant or largely compliant on the majority of FATF's 40 Recommendations.

Crucially, Grenada has avoided the fate of being labeled a high-risk country, unlike some of its Caribbean neighbors in recent years (for example, Jamaica was grey-listed but got removed in 2024 after improvements).

As of the FATF's February 2025 update, the countries on the grey list included nations like Albania, South Africa, Nigeria, Syria, etc., but Grenada's name was nowhere on that list.

This means the FATF has not identified Grenada as a problem jurisdiction for money laundering or terrorist financing concerns. For a Crypto.com user, this is reassuring: Crypto.com will not treat Grenadian clients as automatically high-risk the way they might treat someone from a grey-listed country.

Your Grenada passport on its own does not trigger enhanced measures like automatic account limitations, since Grenada isn't under FATF monitoring.

Similarly, the European Union's AML/CFT high-risk third country list (which usually mirrors the FATF lists) does not include Grenada. In the EU Commission's latest update (Dec 2023), Grenada was not listed among countries with strategic deficiencies.

The EU had at one point listed some Caribbean nations (like Trinidad & Tobago in the past), but Grenada is not flagged by the EU for AML/CFT concerns.

On the U.S. side, Grenada faces no special sanctions or restrictions. The U.S. Department of Treasury (OFAC) sanctions programs target countries like Iran, North Korea, etc., and while individual Grenadians could be sanctioned if they were involved in illicit activity, there is no embargo or sanctions program against Grenada as a country.

In fact, Grenada enjoys normal financial relations with the U.S. and is part of correspondent banking networks. The U.S. State Department's analysts class Grenada's money laundering risk as comparable to many small jurisdictions – not negligible, but not among the highest concern countries globally.

As a result, when you undergo KYC at Crypto.com, your nationality (Grenadian) will not trigger any automatic rejection or blockage in their system.

Platforms typically cross-check identity details against databases (like OFAC's sanctions list and other watchlists), and an ordinary Grenadian passport will pass those checks with "low concern".

Grenada's international financial reputation is a bit of a mixed bag: on one hand, it's seen as a stable, cooperative jurisdiction (hence its clean FATF record), but on the other hand, it is known as an Offshore Financial Center with an active citizenship-by-investment program, which gives it an image of being a potential haven for tax planning or secrecy.

Compliance frameworks often flag "offshore" jurisdictions with higher inherent risk, meaning institutions might apply a slightly higher risk score to a Grenada-based account than, say, a Canadian one.

Crypto.com's internal risk assessment likely notes Grenada's offshore status, but because Grenada is not on any blacklist, this just translates into moderate vigilance rather than any prohibition.

In practical terms, as a Grenadian user you might experience that slightly higher vigilance through the special considerations we discussed (like maybe a request for extra documents if you're a CBI citizen).

There is no indication that Crypto.com considers Grenada itself a problematic jurisdiction in 2025 – the platform fully allows users from Grenada, and our research did not find any region-specific restrictions on Grenadian IP addresses or banking support.

So, your Grenadian passport is a perfectly respectable document to use for KYC, supported by Grenada's cooperation with global AML standards.

Grenada's Local Regulations on Crypto and KYC

Grenada has not been idle in regulating the crypto industry. In fact, the country has established its own legal framework to oversee virtual asset businesses, which directly ties into KYC requirements for any crypto exchanges operating "in or from" Grenada.

The key piece of legislation is the Virtual Asset Business Act, 2021, which was passed by the Grenadian parliament in July 2021. This Act provides a comprehensive legal framework for cryptocurrency and digital asset service providers. Under the Act:

Licensing & Oversight

Any business engaged in virtual asset activities (like operating a crypto exchange, facilitating crypto trades, providing custodial wallets, etc.) in Grenada must register and obtain a license from Grenada's regulator, which is the Grenada Authority for the Regulation of Financial Institutions (GARFIN).

GARFIN is responsible for supervising these entities and ensuring they comply with the law. In essence, Grenada treats crypto businesses similarly to how it treats other financial institutions in terms of oversight.

KYC/AML Obligations

The Act explicitly requires that all registered virtual asset service providers implement robust Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) measures, including full KYC procedures for their customers.

The law defines "virtual asset business" activities (exchange between virtual assets and fiat, transfers, safekeeping, etc.) and mandates that companies conducting these activities identify and verify their customers, keep transaction records, and report suspicious activities, just as a bank would.

In practice, this means if Crypto.com were operating from Grenada, it would be legally obliged to KYC its users and adhere to Grenada's AML regulations. (Crypto.com currently operates from other jurisdictions, but the point is Grenada's own standards are in line with global norms.)

Regulatory Compliance

GARFIN's role includes enforcing penalties for non-compliance and conducting audits. The presence of this law indicates that Grenadian authorities expect any crypto platform dealing with Grenadian customers to uphold strong KYC standards.

Even though you as an individual are using Crypto.com which is regulated elsewhere, it's comforting to know that Grenada's domestic law supports the same principles.

In fact, Grenada is a member of the Caribbean Financial Action Task Force (CFATF), which is a regional body aligned with FATF. The 2021 Act was a response to FATF guidelines urging countries to regulate virtual assets.

Grenada's FIU (Financial Intelligence Unit) had even issued warnings about crypto risks before the law, showing the country's commitment to preventing misuse of digital assets. All this means that Grenada as a country wants crypto transactions to be transparent and traceable, and Crypto.com's KYC process is exactly the kind of practice Grenadian regulators would approve of.

For a Grenadian user, the immediate implication is that using Crypto.com is not illegal or against any Grenadian regulation. On the contrary, as an individual you are free to engage in crypto as long as you pay attention to any tax or reporting obligations (Grenada currently doesn't have specific crypto taxes, but general tax principles apply).

Crypto.com's requirement that you verify your identity and source of funds aligns with Grenada's own policy that crypto should not be a Wild West.

In summary, Grenada's regulatory landscape in 2025 is crypto-friendly but compliance-focused. The nation's AML status is sound (no blacklist), and its laws encourage proper oversight of crypto activities.

There are no special restrictions on Grenadian citizens using foreign crypto exchanges like Crypto.com. In fact, Grenadian officials have signaled openness to fintech innovation as long as it's accompanied by proper safeguards.

The alignment of Crypto.com's KYC standards with Grenada's expectations creates a smooth path for Grenadians: you can confidently complete Crypto.com's verification knowing it fulfills both the platform's international obligations and the kind of diligence your home country expects.

Conclusion: Navigating KYC with Confidence

By understanding both the practical steps of Crypto.com's KYC process and the regulatory context around Grenada, you as a Grenadian passport holder can approach identity verification with confidence. To recap:

  • Crypto.com's KYC for individual users requires your personal details, a Grenadian government-issued ID (preferably your passport), a selfie, and possibly proof of address, all submitted through the Crypto.com app. The review typically takes only a short time (hours to a couple days) barring any complications.
  • Grenadian passports are fully accepted by Crypto.com, with no blanket restrictions. The platform's global compliance system will verify your ID just as it does for any user, and Grenada not being on any risk lists means you aren't automatically flagged.
  • Be ready for enhanced due diligence if applicable: Because Grenada offers citizenship by investment, Crypto.com may, in certain cases, ask for a bit more information (like additional ID or source of funds) to satisfy their checks. This is normal for high-value customers and CBI passport holders; it's not a rejection, just a verification of details.
  • Grenada's international status is favorable – no sanctions, no AML blacklisting – which means Crypto.com is open for Grenadian users and treats Grenada as a standard risk country (much like it would treat EU or North American users, with standard monitoring).
  • Official documentation backs up everything: Crypto.com's Help Center and legal portals clearly outline the accepted KYC documents (passport, ID, etc.) and restricted jurisdictions (Grenada is not on that list).

By following the steps and tips provided, you can successfully complete your Crypto.com registration and begin trading, investing, or using crypto services. Remember to keep records of your important documents and stay updated on any changes in either Crypto.com's policies or Grenada's regulations (as of March 2025, both are stable and user-friendly).

Compliance is ultimately about trust: Crypto.com needs to trust that you are who you say you are and that your funds are legitimate, and you need to trust Crypto.com to protect your account and comply with laws. The KYC process is the foundation of that mutual trust.

As a Grenadian passport holder, you carry a document that grants you access to over 140 countries visa-free – and in the crypto realm, it grants you access to one of the world's leading exchanges, provided you complete the verification as outlined.

With your identity verified, you can fully enjoy Crypto.com's offerings, from buying Bitcoin to using the Crypto.com Visa card, confidently and securely.