Anti Money Laundering for Bitcoin – A Step to prevent illegal activities in bitcoin exchange network

Bitcoin Mining Business!(3)

We already learn about a lot of stuff about bitcoin, bitcoin exchange network.  But now we are going to understand about a main factor which will affect the legalization of a bitcoin exchange platform.

So what is that factor ?

Money laundering   –  Yep, Money laundering, is an activity of concealing the origin of illegal money.  Now many of the bitcoin exchange websites witnessed illegal money laundering activities through bitcoin.

These unwanted activities are directly affects the good will of bitcoin, & the entire cryptocurrency network.

So,  It is a very  important responsibility for bitcoin exchange platforms to prevent such anonymous transactions.

How can a bitcoin exchange platform prevent money laundering ?

Through Integrating AML technology,(i.e ) Anti  Money laundering law, which is a set of procedures and laws,  purposely designed for preventing the illegal money laundering activities.

BTC-e Faces Penalty for violating US Anti money laundering laws!

How to integrate anti money laundering in a bitcoin exchange platform?








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