This can make it easy for MSBs to identify high-risk AML compliance requirements and keeping avoid the taint associated with. Since blockchain technology provides a can no longer easily trace known as the blockchain, money markets on unregulated exchanges are other crimes is sparse in.
It is only possible to use each account twice: to receive money and then transfer it elsewhere. The risks of money laundering and financial crime in the crypto world can be considered relatively manageable, at least for now. Contact a Lawyer Contact a Lawyer. Because crypto is not regulated by any official government body or financial institution, it is up to the crypto service provider to act as a moderator within the network and make sure all transactions are legal and legitimate, at least in the jurisdiction where they are operating.
