As cryptocurrency adoption grows, so does the scrutiny of governments, regulators, and financial enforcement agencies regarding its use in money laundering, illicit finance, and fraud. Cryptocurrency businesses, exchanges, and financial institutions must navigate complex Anti-Money Laundering (AML) regulations, Know Your Customer (KYC) obligations, transaction monitoring requirements, and cross-border compliance challenges.
This course provides an in-depth legal analysis of AML compliance in the cryptocurrency industry, covering federal, state, and international regulations governing digital asset transactions, financial crime prevention, enforcement risks, and compliance best practices. Students will gain expertise in legally managing cryptocurrency-related AML risks while ensuring compliance with evolving regulatory frameworks.
Course Objectives
By the end of this course, students will:
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Understand the Legal Framework for AML Regulations in Crypto – Analyze how different jurisdictions classify and regulate cryptocurrencies for AML purposes.
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Evaluate AML Obligations for Crypto Businesses and Financial Institutions – Learn how cryptocurrency exchanges, wallet providers, and payment processors comply with AML laws.
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Examine the Role of Know Your Customer (KYC) and Customer Due Diligence (CDD) – Study how identity verification and risk assessments prevent financial crimes.
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Analyze Transaction Monitoring, Suspicious Activity Reporting (SARs), and AML Investigations – Review how blockchain analytics and financial reporting requirements apply to crypto transactions.
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Assess Cross-Border AML Compliance and International Cryptocurrency Regulations – Develop legal strategies for ensuring compliance in global financial markets.
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Explore Recent Enforcement Actions Against Crypto Firms for AML Violations – Investigate major regulatory crackdowns and legal consequences for non-compliance.
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Identify Best Practices for Structuring Legal and Effective AML Compliance Programs – Learn how to implement compliance strategies to mitigate risks and avoid liability.
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Prepare for Future Trends and Legislative Changes in Crypto AML Regulations – Examine how evolving laws, enforcement actions, and technology advancements impact crypto AML compliance.
