Crypto currency anti-money laundering (AML) uses laws and regulations designed to stop criminals from converting illegally obtained crypto currencies into fiat currencies. The Financial Action Task Force (FATF) sets the standards for AML around the world. Today dozens of regulators use FATF recommendations to convert them into law within individual countries. To avoid the blocking your account, you should use AML check software. All reputable exchanges like Binance and companies operating in the blockchain industry have integrated programs that identify dirty coins
. There are also autonomous projects that fulfil orders for AML verification of bitcoins and other crypto currencies.
Also, every big crypto firm has an AML officer. The AML Compliance Officer is responsible for financial regulations and personal data compliance requirements. Apart from this, he looks out for potentially risky transactions and operations.