Know Your Transaction
The monitoring of transactions and counterparties for sanctions, illicit activity, or other compliance risks.Definition
The monitoring of transactions and counterparties for sanctions, illicit activity, or other compliance risks.Why it matters
Regulatory terms help explain compliance obligations surrounding digital assets and service providers.Related knowledge
- Blockchain — term
- Cryptography — term
- Web3 — term
Canonical knowledge ID:
glossary:know-your-transaction