AML (Anti-Money Laundering)
Also known as: Anti-Money Laundering, AML Compliance
A set of regulations aimed at preventing money laundering through crypto and financial systems.
Anti-Money Laundering (AML) refers to a regulatory framework of laws, practices, and technologies designed to prevent the illegal movement of funds through financial and blockchain systems. In crypto, AML measures include identity verification (KYC), transaction monitoring, and risk scoring to detect suspicious behavior. Global organizations like FATF set AML standards that are enforced by exchanges, DeFi platforms, and on-ramps. Non-compliance can lead to penalties and exclusion from financial networks.