CCAS practice question 4 of 35
A compliance officer is conducting an AML risk assessment of two different operating models: a centralized cryptoasset exchange and a decentralized cryptoasset exchange. Which key difference causes the compliance officer to risk-rate the decentralized exchange higher than the centralized exchange?
Full set: 100 questionsCorrect Answer:
C
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Other CCAS practice questions
- Question 1Which is a core component of customer due diligence (CDD)?
- Question 2Which of the following are functions of cryptoasset mining? (Select Two.)
- Question 3Which activity is most commonly associated with mixing and tumbling as a method of launde…
- Question 5Which is a primary benefit of blockchain transparency for AML compliance?
- Question 6A compliance officer at an exchange who is conducting an annual risk assessment identifie…
- Question 7Which is the most important consideration when assessing compromise risks when creating a…