The most important AML crypto. Tornado Cash The mixer was tested once per year. AML regulations related to crypto exchanges and mixing services have alone getting foreign nations on.
Anti-money laundering AML processes are the obvious answer to maintaining a clean cryptocurrency landscape, providing regulated, repeatable ways to prevent financial crime. However, it is crucial to note that Bitcoin is just one of many active cryptocurrencies today, and money launderers have employed other digital currencies to conceal illicit transactions. This report establishes a conceptual framework of key definitions, which could form the basis for further policy development. Additionally, money launderers have expanded their operations beyond Bitcoin, utilizing Defi tokens, NFTs , and even art to legitimize their illicit funds, taking advantage of advancements in digital assets.
