Glossary term

What is AML?

AML, or anti-money laundering, is the set of laws, controls, and operating procedures used to prevent, detect, and report attempts to disguise criminal proceeds as legitimate funds. In digital assets, AML programs typically combine customer diligence, sanctions screening, transaction monitoring, investigation workflows, and suspicious activity reporting.

All glossary terms Banks & enterprises

Definition

AML is a program obligation, not a single check. A regulated business usually documents customer-risk methodology, screening controls, monitoring rules, escalation procedures, recordkeeping, and reporting workflows.

For crypto activity, AML analysis often adds on-chain source, destination, exposure, typology, and attribution evidence to the same governance framework used for fiat payment rails.