DondaejiDelightful
Thu Jul 11 2024
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7 answers
1892
Are crypto exchanges up to scratch with AML policies?
In the ever-evolving landscape of cryptocurrency, it begs the question: Are crypto exchanges truly up to scratch with Anti-Money Laundering (AML) policies? With the influx of digital assets and the rise of decentralized finance, ensuring regulatory compliance has become paramount. Are these platforms implementing robust Know-Your-Customer (KYC) checks? Are they screening transactions for suspicious activity? Or are they lagging behind, leaving loopholes that could potentially be exploited by illicit actors? This discussion is crucial to understanding the integrity of the crypto ecosystem and the safety of investors' funds.
