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⏰ Commitment Time: 03:00 AM, May 13th - 12:00 PM, May 16th (UTC)
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Learn More: https://www.gate.io/article/44878
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Stopping Illegal Crypto Activities
Anti-Money Laundering (AML) refers to laws and regulations designed to prevent financial crimes in the crypto industry.
Crypto platforms implement AML measures to track suspicious transactions and prevent illegal activities such as money laundering and terrorist financing.
While some users see AML rules as restrictive, they are necessary for the mainstream adoption of cryptocurrency. Regulatory compliance helps build trust and protects the integrity of the market.
AML is shaping the future of crypto regulations. Understanding its impact is crucial for anyone involved in digital assets.