What is AML?
Anti-money laundering (AML) refers to the laws, regulations, and procedures designed to prevent criminals from disguising illegally obtained funds as legitimate income. In the crypto context, AML compliance means screening wallet addresses and transactions against known risk databases.
Why AML Matters for Crypto
Cryptocurrency transactions are pseudonymous but traceable on the blockchain. Regulatory frameworks such as FATF guidance require Virtual Asset Service Providers (VASPs) to perform customer due diligence and monitor transactions for suspicious activity.
“ Virtual asset service providers should be required to identify, assess, and take effective action to mitigate their money laundering and terrorist financing risks. ” - FATF Recommendation 15
How GetBlock AML Helps
GetBlock AML provides real-time risk scoring for addresses and transactions across nine supported blockchains. Our risk engine aggregates data from multiple providers and returns a normalized score from 0 (trusted) to 100 (dangerous).
