Cryptocurrency and Blockchain Dictionary
A complete list of crypto definitions
Cryptocurrency and blockchain glossary
Commonly used terms in the world of blockchain and cryptocurrency
Terms commonly used in the world of blockchain and cryptocurrency
Quick Links
Tools
Anti-Money Laundering
AML is the abbreviation for ‘anti-money laundering. AML stands for policy and legislation on money laundering. This prevents illegally acquired funds from being converted into a legal variant. Within the crypto world, it is no longer unusual for AML techniques to be used by exchanges and wallets.
This term is often used as AML/KYC, where KYC stands for ‘ Know your customer’ Hence cryptocurrency exchanges and related firms are looking forward to preventing money laundering cases within the crypto industry. As you already know there are many people who are misusing the anonyms trading feature of crypto exchanges. Anti-money laundering or AML is closely related to KYC on different crypto trading platforms. So the different exchange platforms can fight against money laundering with Know Your Customer service.
AML is the abbreviation for ‘anti-money laundering. AML stands for policy and legislation on money laundering. This prevents illegally acquired...Other Important Terms
Smart Contract
A smart contract is a computer program or a transaction protocol respectively, which is intended to...Bounty program
Bounties are simple tasks of jobs by the team behind a coin. These can be as simple as joining a Tel...Block explorer
A block explorer is an online service to track blockchain transactions. It usually is a website wher...51% Attack
A ‘51% attack’ refers to a possible attack on a blockchain by a group of ‘miners&r...Decentralized Autonomous Organizations
DAO is an abbreviation of ‘Decentralised Autonomous Organization’. This is basically an...Cryptocurrency News