What is AML?

Basic information

Crime is as old as humanity itself, and so are the efforts to prevent it. One way of doing this is through AML (from the English ‘Anti-Money Laundering’), a set of regulations and measures designed to prevent money laundering. Typical examples of AML are client identification, efforts to establish the origin of the money, the purpose of its use, etc. In addition to the world of cryptos, you can also encounter AML in everyday life, for example at a bank or when buying real estate.

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