Anti-Money Laundering (AML)

Anti-money laundering (AML) refers to the systems financial institutions and virtual-asset businesses use to identify customers, monitor suspicious transactions and prevent illicit fund flows. Regulators in the United States, Europe and Asia have recently adjusted their enforcement approaches. With the end of the MiCA transition period, crypto companies face clearer compliance requirements. Thailand and South Korea are tightening oversight of USDT and small-value transfers, while the United States is reshaping bank compliance and penalty standards. These changes affect the operating costs and risks of cross-border payments, account services, stablecoins and fintech providers.