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Anti-Money Laundering [AML]

AML is the abbreviation for 'anti-money laundering'. AML stands for policy and legislation on money laundering. This prevents illegally acquired funds from being converted into a legal variant. Within the crypto world, it is no longer unusual for AML techniques to be used by exchanges and wallets. This term is often used as AML/KYC, where KYC stands for 'Know your customer'.

Anti-Money Laundering [AML] Explainer Video

What is Anti-Money Laundering (AML)? | Crypto Terms Explained

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