Anti-Money Laundering (AML)

    Anti-Money Laundering (AML) is a comprehensive set of processes, regulations, and rules that combat money laundering, terrorism funding, and financial crimes like cyber theft and fraud. AML procedures require financial institutions to monitor transactions to ensure that funds are not used for criminal activities, tax evasion, or other violations. To gain access to financial services in the blockchain industry, an AML check is frequently required.