They are a set of rules and controls that serve to prevent someone from using money—including cryptocurrency—to hide illegal funds, launder stolen money, or finance suspicious activities. Basically, it's about making sure that the money that moves through the system is clean, legal, and doesn't come from shady things like fraud, drugs, or corruption.

In the crypto world, this means monitoring transactions, identifying users and detecting if someone is trying to use digital currencies to launder money or hide their origin.

AML (Anti Money Laundering) is the set of laws, regulations, procedures and good practices that must be applied by financial institutions, fintechs, cryptocurrency exchanges, blockchain platforms and other service providers, with the objective of preventing, detecting and reporting activities related to laundering, the Financing of terrorism and other economic crimes.

AML compliance is mandatory in most jurisdictions and forms an essential part of the international regulatory framework, with standards promoted by bodies such as GAFI/FATF (International Financial Action Task Force), the European Union (AML Directives), FinCEN (in the US), among others.

In the environment blockchain and crypto, AML controls are adapted to meet the challenges of pseudonymity, decentralization and traceability.

Implementing a robust AML program not only makes it possible to comply with the law, but also to protect the company's reputation, build trust with users and investors, and strengthen the security of the digital financial ecosystem.

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