Glossary

Glossary

Term Book Chapter Definition
Anti-Money Laundering (AML) Bitcoin Chapter 7: Bitcoin Regulation In the context of Bitcoin, AML refers to regulatory requirements that companies involved in Bitcoin trading or mining may need to comply with in order to prevent illegal activities such as money laundering.
Anti-Money Laundering (AML) Fintech Chapter 6: Regulatory Technologies (RegTech) Anti-Money Laundering (AML) refers to a set of procedures, laws or regulations designed to stop the practice of generating income through illegal actions. In the context of RegTech, AML processes can be automated to improve accuracy and efficiency.