> ## Documentation Index
> Fetch the complete documentation index at: https://docs.theblockchainlibrary.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Know Your Transaction

> The monitoring of transactions and counterparties for sanctions, illicit activity, or other compliance risks.

# 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](/categories/blockchain) — term
* [Cryptography](/categories/cryptography) — term
* [Web3](/categories/web3) — term

***

**Canonical knowledge ID:** `glossary:know-your-transaction`