Anti-Money Laundering (AML) regulations are designed to prevent and detect illicit activities, including money laundering and terrorist financing, within the financial system. Both cryptocurrencies and fiat currencies are subject to AML regulations, although the specific details can vary by jurisdiction. It's important to note that regulations can vary significantly between jurisdictions, and both the crypto and fiat sectors are subject to ongoing developments as authorities adapt to the evolving landscape of financial technologies.

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