AMLBot Academy

Organized crime's motivation is the money perpetrators stand to make out of it. By cutting their access to financial systems, crime rates can witness a steep decline. Regulators around the globe are constantly working on designing relevant legislation to prevent the flow of crime-related funds within their

A crypto wallet on a phone or in a browser often looks like any other finance app — there is a balance at the top, a "Send" button below it, and a list of recent transactions underneath. The difference sits one layer down. What a user actually controls is

Financing criminal operations and laundering their proceeds are events that take place often despite legislation present to prevent their occurrences. Criminals are finding gaps left while securing financial systems, using them to move illegal funds through. The flow of such funds ultimately ruins the integrity of the systems and institutions

Customer Due Diligence (CDD) is the cornerstone of modern Anti-Money Laundering (AML) and Know Your Customer (KYC). In essence, CDD is the process by which banks, fintechs, and other businesses identify who their customers are, verify that information, assess the customer’s risk profile, and continuously monitor the relationship.

Cryptocurrency facilitates a novel and alternate financial system that brings several benefits, like inclusivity, integrity, and overcoming censorship. However, the same factors that breed such benefits can be responsible for the shortcomings of this industry. The pseudo-anonymity and the lack of familiarity with cryptocurrency usage make it a hotbed

As crypto markets expand and transaction volumes grow, the complexity of identifying suspicious activity within blockchain ecosystems increases. What was once a niche technical exercise has matured into a structured discipline: cryptocurrency investigations now involve coordinated workflows that span analytics, legal documentation, and cross-institutional coordination. It is important to

The cryptocurrency industry is known to make it to the news cycles frequently because of negative happenings like hacks and attacks. As a result, several cryptocurrency users face situations where their funds get depleted from their wallets. Unfortunately, it is only in the aftermath of their loss that most realize

Intro In 2025, amid evolving regulations and stricter oversight, obtaining a crypto license may seem daunting for many businesses. However, securing the proper license is a vital step to ensure your crypto exchange or wallet service complies with all legal requirements, operates legally in your jurisdiction, and maintains customer trust.

Summary This article explores the role of Know Your Customer (KYC) as a foundational pillar of the cryptocurrency sector. It details how identity verification has transitioned from an optional practice to a mandatory legal requirement for regulated crypto businesses. Definition and Purpose. KYC is the process of identifying and verifying

Cryptocurrency is replacing fiat money in several aspects. It was first introduced as a digital currency to replace fiat and aid individuals in peer-to-peer transfers by eliminating centralized entities that hold people's money and oversee their transactions. Crypto users get complete control over their funds and

In 2026, the EU’s MiCA (Markets in Crypto-Assets) Regulation will be fully applied across all member states. Crypto businesses operate under the complete set of MiCA requirements, supported by the final standards issued by ESMA (European Securities and Markets Authority) and the EBA (European Banking Authority).  This regulation

A bank account application for a crypto company succeeds or fails based on how clearly the company can explain and document its risk profile. That is the real dynamic behind bank onboarding for crypto businesses—not whether banks “like crypto,” but whether the bank’s compliance team can understand and

In 2025, over $3.4 billion in cryptocurrency was stolen through hacks and exploits — a 24% increase over 2024. Q1 2025 alone accounted for $1.64 billion, the worst single quarter on record, driven largely by the $1.5 billion Bybit breach. North Korean state-backed actors stole at least

Crypto businesses often search for “crypto travel rule” and “FATF Travel Rule” because they need a single, authoritative baseline for the global standard before they begin mapping anything to a specific jurisdiction. The  (FATF) explains that its Standards comprise the Recommendations, their Interpretive Notes (page 31), and the applicable Glossary

This article is not about phishing links, wallet drainers, or seed phrase theft. It is about a different and more financially damaging category of crypto fraud: investment projects that promise returns through trading bots, AI arbitrage, staking, cloud mining, liquidity pools, token presales, or referral-based models—and either cannot

In October 2025, the U.S. Department of Justice announced the largest digital-asset seizure on record: 127,271 BTC, worth roughly $15 billion at the time, taken from wallets tied to Chen "Vincent" Zhi and the Prince Holding Group, an entity behind one of the biggest Pig-

The ability to bring business online is one of the most crucial benefits of the internet to trade and commerce today. Websites, applications, and software are making life convenient for all. With the massive number of people using the internet for various purposes, a lot of money and data flow

Cryptocurrency has forever changed the face of financial transactions, but crypto security is still catching up with other aspects of the industry. Criminals have capitalized on this lag and made big money, and the problem continues to grow. Hackers stole nearly $2 billion worth of cryptocurrency in only the first

The Tron network is the most robust and efficient blockchain network. It offers exceptional speed, scalability and low transaction fees.Tron was originally designed to revolutionize the way digital media is shared. It has evolved into a versatile ecosystem supporting decentralized applications (DApps) and TRC20 tokens. Tron owns a platform

Over recent years, the crypto ecosystem has evolved from a retail-driven experiment into a complex financial system used by exchanges, payment providers, custodians, and institutional investors. With this growth came more sophisticated fraud schemes, large-scale hacks, and cross-border laundering patterns. In parallel, international standard-setters and national

Introduction According to the FATF's 2025 Targeted Update on the implementation of its standards on virtual assets and VASPs, 75% of assessed jurisdictions remain only partially compliant or non-compliant with Recommendation 15 — the standard that requires countries to regulate and supervise Virtual Asset Service Providers. At the

On March 26, 2026, two pieces of federal legislation received Royal Assent that materially expanded Canada's AML/CFT regulatory framework. The amendments to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) introduced new statutory standards for compliance programs — requiring them to be "reasonably designed,

Bitcoin is a decentralized cryptocurrency that users can transfer on a peer-to-peer (P2P) network. Nodes on this network verify transactions through cryptographic means and record them in a public distributed ledger called a blockchain. The Bitcoin blockchain is completely public, meaning a blockchain explorer can show a complete

Cryptocurrency has experienced a massive surge in interest over the past decade, particularly with the explosion of the non-fungible token (NFT) market that began in 2021. However, such high levels of activity have also led to increasing numbers of cryptocurrency scams. According to the Federal Trade Commission (FTC), investors

The economic instability wrought by the COVID-19 pandemic also generated an uptick in the collectibles investment markets—including virtual assets. As governments and international bodies like the FATF move to catch up with modern trends, they have begun implementing regulatory practices on virtual assets like cryptocurrencies and virtual asset