QUESTION 47
Which features are used by anonymity-enhanced cryptoassets to reduce transparency of transactions and identities? (Select Two.)

QUESTION 48
Which is an example of “structuring” in crypto transactions?

QUESTION 49
Under DIFC AML rules, which governance body must approve the firm’s business-wide risk assessment?

QUESTION 50
Which is the most important consideration when assessing compromise risks when creating a decentralized finance protocol or smart contract?

QUESTION 51
Which scenario most likely indicates active involvement of a customer in scam activities?

QUESTION 52
What methods do criminals use to avoid clustering of crypto wallet addresses?

QUESTION 53
Which activity is most commonly associated with mixing and tumbling as a method of laundering cryptoassets?

QUESTION 54
What is indirect exposure in regards to blockchain analytics transaction monitoring?

QUESTION 55
Which advantage of the proof of work consensus algorithm is widely applicable in many cryptocurrencies and other blockchain systems?

QUESTION 56
Which statement describes what a staff member should do If suspicious activity is identified?

QUESTION 57
Which is a primary benefit of blockchain transparency for AML compliance?

QUESTION 58
A compliance officer at an exchange who is conducting an annual risk assessment identifies an increased volume of transactions to and from unhosted wallets. Based on Financial Action Task Force guidance, which inherent risk rating would be most appropriate for the compliance officer to assign to such activities?

QUESTION 59
Which type of wallet poses the highest AML risk?

QUESTION 60
Which operational risk mitigation practice by virtual asset service providers (VASPs) is most effective when considering their relationships with other VASPs?

QUESTION 61
What three classifications of assets does the Markets in Crypto-Assets Regulation (commonly known as MICA) apply to? (Select Three.)

QUESTION 62
What is the “Travel Rule” under FATF guidance?

QUESTION 63
A politically exposed person (PEP) opens a crypto account. What is the required action?

QUESTION 64
To identify and assess the money laundering risks emerging from virtual assets, countries should ensure that virtual asset service providers are: (Select Two.)

QUESTION 65
Based on Financial Action Task Force guidance, when a cryptoasset exchange carries out an occasional transaction, the exchange is required to conduct CDD when the transaction is above:

QUESTION 66
What is a “token burn”?

QUESTION 67
As per the Financial Action Task Force standards, which activities fall under the definition of a virtual asset service provider? (Select Three.)