AML

Anti-money-laundering rules that govern how exchanges monitor activity.

AML obligations are the reason exchanges ask about the source of funds and may delay withdrawals for review.

They apply to the exchange, not to the ledger, which processes any valid transaction.

Related terms

KYC

Know Your Customer — the identity checks a regulated exchange must run before you can trade.

Travel rule

A requirement to send identifying information alongside transfers above a threshold.

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