Proof-of-ownership becomes necessary when the total value of a transfer exceeds €1,000 as per the Transfer of Funds Regulation. Note that individual transfers under €1,000 that exceed €1,000 cumulatively within a short timeframe are also affected. BISON will automatically prompt you for proof-of-ownership when required. After successful verification of your private wallet address, proof of ownership is only required again after 12 months. Please note that the Satoshi test for UTXO blockchains (BTC, LTC, ADA, BCH, DOGE) is valid for 6 instead of 12 months due to technical limitations.
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