Anti-Money Laundering
regulation · compliance
Laws and processes that aim to prevent illicit funds from being disguised as legitimate.
- Also known as
- AML
Anti-Money Laundering (AML) refers to regulations and practices designed to detect and deter the movement of illicit funds through financial systems. In crypto, exchanges and service providers often implement AML policies such as transaction monitoring, risk scoring, travel rule compliance, and reporting suspicious activity.
- AML/KYC requirements vary by jurisdiction
- Decentralized protocols may not have traditional counterparties, creating regulatory ambiguity
- Privacy must be balanced with compliance obligations and user rights
Related terms
Know Your Customer (KYC)
→Compliance procedures that verify customer identity and risk before providing regulated financial or crypto services.
regulation · compliance · security
Cryptocurrency Exchange
→A cryptocurrency exchange is a platform for buying, selling, or trading digital assets through crypto or fiat markets.
trading · exchange · platform
Privacy Coin
→A cryptocurrency designed to reduce public visibility of transaction participants, amounts, or balances.
privacy · cryptocurrency