Question 1

In cryptoasset compliance, œintegration refers to:

Options :

A : Converting illicit crypto into fiat or legitimate assets.

B : Mixing crypto to hide origins.

C : Transferring crypto between wallets.

D : Staking assets to earn rewards.

Answer: A

Question 2

In cryptoasset compliance, œintegration refers to:

Options :

A : Converting illicit crypto into fiat or legitimate assets.

B : Mixing crypto to hide origins.

C : Transferring crypto between wallets.

D : Staking assets to earn rewards.

Answer: A

Question 3

Which term describes converting one cryptoasset into another without first converting to fiat?

Options :

A : Layering

B : Chain hopping

C : Integration

D : Structuring

Answer: B

Question 4

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

Options :

A : Proof-of-stake mining

B : Automatic mixing

C : Secure hashing algorithm 256

D : Cryptographic enhancements

E : MetaMask wallet

Answer: B,D

Question 5

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

Options :

A : The cryptoassets are absolutely linked to a specific user and identity on the blockchain.

B : The cryptoassets have a connection to risky activity via another crypto address or addresses.

C : The cryptoassets went through a mixing protocol to conceal source of funds.

D : The fiat currency is not immediately linked to a known bank account.

Answer: B

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