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pluja 2024-04-26 08:57:40 +02:00
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@ -119,8 +119,7 @@
</p>
<p>
Exchanges that enforce KYC (Know Your Customer) and AML (Anti-Money
Laundering) rules operate similarly to traditional banks. Users are
Exchanges that enforce KYC (Know Your Customer) operate similarly to traditional banks. Users are
required to provide identification, such as a photo of their ID, to use
these exchanges. Moreover, most of these exchanges are centralized,
meaning that users do not own their keys. In short, this implies that
@ -186,9 +185,8 @@
<h3 id="other-acronyms-of-interest">other acronyms of interest</h3>
<div class="[&>span]:block space-y-2">
<span><strong>AML</strong>: Anti-Money Laundering</span>
<span><strong>CFT</strong>: Combating the Financing of Terrorism</span>
<span><strong>SoF</strong>: Source of Funds</span>
<span><strong>KYC</strong>: Know Your Customer</span>
<span><strong>ToS</strong>: Terms of Service</span>
</div>
</div>