BIS Launches New Scorecard: Assessing Crypto’s AML Compliance

The Bank for International Settlements (BIS) has released a new global scorecard evaluating cryptocurrency platforms’ compliance with anti-money laundering (AML) regulations. This report highlights the effectiveness of crypto exchanges, wallets, and platforms in preventing illicit use of their services. The analysis draws insights from various data sources and reveals that while some platforms have adopted robust measures to prevent abuse, others are lagging, posing risks not only to individual users but also to the broader financial system.