Anti-Money Laundering
Definition
AML stands for Anti-Money Laundering. In crypto, it means the rules and steps that platforms use to stop money laundering. These rules follow the law.
These rules often ask users to prove who they are. They also track suspicious activity. Crypto can be used for crime because it is anonymous and crosses borders. So exchanges, wallets and other crypto services must follow AML rules. AML can include checking ID, watching for odd transactions, reporting to authorities, and checking customer backgrounds. Crypto firms also work with governments to meet these standards. This helps keep the market honest and safe for users.
This entry is part of the JrKripto crypto glossary. We explain key terms and concepts to help investors and traders understand the cryptocurrency market. Clear definitions support better decision-making and risk management.
Browse the full JrKripto glossary for more definitions on trading, DeFi, blockchain, and market analysis. Each term includes a short definition and extended explanation to support your research.
The JrKripto crypto glossary explains important terms and concepts so investors can understand the market better. Clear definitions support decision-making and risk management. Each entry has a short definition and, where useful, an extended explanation for quick reference or deeper reading.
The glossary covers a wide range of topics from trading and DeFi terms to blockchain infrastructure and market indicators. You can find terms via search or the term list. Use the related terms section to discover related concepts.
