KYC/AML
7 min readarticleIncludes quiz · 3 questions
Exchanges and custodians often must verify users and monitor transactions to reduce crime and comply with laws.
Simple definitions:
- •KYC (Know Your Customer): Collecting identity info.
- •AML (Anti‑Money Laundering): Policies to detect and stop illicit activity.
- •Sanctions screening: Blocking listed entities.
- •Travel Rule: Sharing sender/receiver info between certain providers.
Test Your Knowledge
This lesson includes a 3-question quiz (passing score: 75%).
Quiz functionality available in the mobile app.