What is 'KYC/AML (Combined Know Your Customer and Anti-Money Laundering)'?

Hey, can someone break down what KYC and AML are all about? I keep hearing these terms thrown around in the crypto world. It sounds like it has something to do with verifying customers and preventing money laundering, but I'd love a simple explanation of how they work together!

#Crypto FAQ#Share Your Thoughts on Popular Assets in June#HTX DAO Listing Governance is LIVE! #Hong Kong Web3 Festival 2025

LikePartager