Enter Anti-Money Laundering (AML) and Know Your Customers (KYC) procedures. Mushtaha started the discussion by highlighting how, unlike fiat currency, transactions in coins and tokens built on ...

AML fights financial crime by tracking and reporting suspicious crypto transactions. Know Your Customer (KYC) checks are a cornerstone of AML, verifying user identities. The Travel Rule mandates ...

Europe followed with successive AML Directives, gradually getting more sectors, including crypto exchanges, under KYC ...

For the past decade, the abbreviations AML and KYC have become an inextricable part of our lives. To help law enforcement track illegal funds, an increasingly constraining set of anti-money-laundering ...

Many AML and Know Your Customer (KYC) processes are clunky and long-winded. Between due diligence, transaction monitoring, reporting of suspicious activities, constant documentation collection, and ...

The AML/KYC framework is extensive, with many rules to follow and potential pitfalls to avoid. As a company operating within the EU, it is essential to stay on top of these regulations to avoid ...