{"id":112165,"date":"2025-10-13T08:25:38","date_gmt":"2025-10-13T08:25:38","guid":{"rendered":"https:\/\/www.dumpsbase.com\/freedumps\/?p=112165"},"modified":"2025-10-13T08:25:38","modified_gmt":"2025-10-13T08:25:38","slug":"ccas-exam-dumps-v8-02-for-your-certified-crypto-asset-anti-financial-crime-specialist-certification-ccas-exam-preparation","status":"publish","type":"post","link":"https:\/\/www.dumpsbase.com\/freedumps\/ccas-exam-dumps-v8-02-for-your-certified-crypto-asset-anti-financial-crime-specialist-certification-ccas-exam-preparation.html","title":{"rendered":"CCAS Exam Dumps (V8.02) for Your Certified Crypto Asset Anti-Financial Crime Specialist Certification (CCAS) Exam Preparation"},"content":{"rendered":"<p>The Certified Crypto Asset Anti-Financial Crime Specialist Certification (CCAS) is a new ACAMS certification, which is designed for professionals working in the cryptocurrency sector who are responsible for managing financial crime risks and compliance with related regulations. If you are preparing for the CCAS exam, come to DumpsBase and choose the CCAS dumps (V8.02) for preparation. We have set the real exam questions and verified answers, based on the most current CCAS exam objectives. With CCAS exam dumps from DumpsBase, you gain the clarity, confidence, and structure needed to excel in the Certified Crypto Asset Anti-Financial Crime Specialist Certification (CCAS) exam. Smart preparation with DumpsBase ensures not just a passing score but also the professional growth and recognition that comes with earning a globally respected certification.<\/p>\n<h2>Check the <span style=\"background-color: #cc99ff;\"><em>CCAS free dumps<\/em><\/span> first to verify the quality:<\/h2>\n<script>\n\t  window.fbAsyncInit = function() {\n\t    FB.init({\n\t      appId            : '622169541470367',\n\t      autoLogAppEvents : true,\n\t      xfbml            : true,\n\t      version          : 'v3.1'\n\t    });\n\t  };\n\t\n\t  (function(d, s, id){\n\t     var js, fjs = d.getElementsByTagName(s)[0];\n\t     if (d.getElementById(id)) {return;}\n\t     js = d.createElement(s); js.id = id;\n\t     js.src = \"https:\/\/connect.facebook.net\/en_US\/sdk.js\";\n\t     fjs.parentNode.insertBefore(js, fjs);\n\t   }(document, 'script', 'facebook-jssdk'));\n\t<\/script><script type=\"text\/javascript\" >\ndocument.addEventListener(\"DOMContentLoaded\", function(event) { \nif(!window.jQuery) alert(\"The important jQuery library is not properly loaded in your site. Your WordPress theme is probably missing the essential wp_head() call. You can switch to another theme and you will see that the plugin works fine and this notice disappears. If you are still not sure what to do you can contact us for help.\");\n});\n<\/script>  \n  \n<div  id=\"watupro_quiz\" class=\"quiz-area single-page-quiz\">\n<p id=\"submittingExam10777\" style=\"display:none;text-align:center;\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/plugins\/watupro\/img\/loading.gif\" width=\"16\" height=\"16\"><\/p>\n\n<div class=\"watupro-exam-description\" id=\"description-quiz-10777\"><\/div>\n\n<form action=\"\" method=\"post\" class=\"quiz-form\" id=\"quiz-10777\"  enctype=\"multipart\/form-data\" >\n<div class='watu-question ' id='question-1' style=';'><div id='questionWrap-1'  class='   watupro-question-id-425590'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>1. <\/span>Which advantage of the proof of work consensus algorithm is widely applicable in many cryptocurrencies and other blockchain systems?<\/div><input type='hidden' name='question_id[]' id='qID_1' value='425590' \/><input type='hidden' id='answerType425590' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425590[]' id='answer-id-1647472' class='answer   answerof-425590 ' value='1647472'   \/><label for='answer-id-1647472' id='answer-label-1647472' class=' answer'><span>Dependency on electricity<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425590[]' id='answer-id-1647473' class='answer   answerof-425590 ' value='1647473'   \/><label for='answer-id-1647473' id='answer-label-1647473' class=' answer'><span>Centralization of the consensus mechanism<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425590[]' id='answer-id-1647474' class='answer   answerof-425590 ' value='1647474'   \/><label for='answer-id-1647474' id='answer-label-1647474' class=' answer'><span>Verification of transactions by solving complex mathematical puzzles<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425590[]' id='answer-id-1647475' class='answer   answerof-425590 ' value='1647475'   \/><label for='answer-id-1647475' id='answer-label-1647475' class=' answer'><span>Security of small networks<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-2' style=';'><div id='questionWrap-2'  class='   watupro-question-id-425591'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>2. <\/span>Which operational risk mitigation practice by virtual asset service providers (VASPs) is most effective when considering their relationships with other VASPs?<\/div><input type='hidden' name='question_id[]' id='qID_2' value='425591' \/><input type='hidden' id='answerType425591' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425591[]' id='answer-id-1647476' class='answer   answerof-425591 ' value='1647476'   \/><label for='answer-id-1647476' id='answer-label-1647476' class=' answer'><span>Having no requirement to establish a correspondent relationship and build a risk assessment framework among other cryptoasset exchanges prior to transferring for or on behalf of another person<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425591[]' id='answer-id-1647477' class='answer   answerof-425591 ' value='1647477'   \/><label for='answer-id-1647477' id='answer-label-1647477' class=' answer'><span>Developing cross-border correspondent relationships with cryptoasset exchanges in jurisdictions that have weak or non-existent anti-money laundering (AML) regulation or supervision<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425591[]' id='answer-id-1647478' class='answer   answerof-425591 ' value='1647478'   \/><label for='answer-id-1647478' id='answer-label-1647478' class=' answer'><span>Assigning all such relationships as high risk and conducting enhanced due diligence on all of them<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425591[]' id='answer-id-1647479' class='answer   answerof-425591 ' value='1647479'   \/><label for='answer-id-1647479' id='answer-label-1647479' class=' answer'><span>Gathering sufficient information on the counterpart VASP to determine the quality of the supervision it receives for transactional activities<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-3' style=';'><div id='questionWrap-3'  class='   watupro-question-id-425592'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>3. <\/span>Which features are used by anonymity-enhanced cryptoassets to reduce transparency of transactions and identities? (Select Two.)<\/div><input type='hidden' name='question_id[]' id='qID_3' value='425592' \/><input type='hidden' id='answerType425592' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425592[]' id='answer-id-1647480' class='answer   answerof-425592 ' value='1647480'   \/><label for='answer-id-1647480' id='answer-label-1647480' class=' answer'><span>Proof-of-stake mining<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425592[]' id='answer-id-1647481' class='answer   answerof-425592 ' value='1647481'   \/><label for='answer-id-1647481' id='answer-label-1647481' class=' answer'><span>Automatic mixing<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425592[]' id='answer-id-1647482' class='answer   answerof-425592 ' value='1647482'   \/><label for='answer-id-1647482' id='answer-label-1647482' class=' answer'><span>Secure hashing algorithm 256<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425592[]' id='answer-id-1647483' class='answer   answerof-425592 ' value='1647483'   \/><label for='answer-id-1647483' id='answer-label-1647483' class=' answer'><span>Cryptographic enhancements<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425592[]' id='answer-id-1647484' class='answer   answerof-425592 ' value='1647484'   \/><label for='answer-id-1647484' id='answer-label-1647484' class=' answer'><span>MetaMask wallet<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-4' style=';'><div id='questionWrap-4'  class='   watupro-question-id-425593'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>4. <\/span>Which token type should be considered as carrying the highest risk when assessing the AML risks related to the customer's source of funds?<\/div><input type='hidden' name='question_id[]' id='qID_4' value='425593' \/><input type='hidden' id='answerType425593' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425593[]' id='answer-id-1647485' class='answer   answerof-425593 ' value='1647485'   \/><label for='answer-id-1647485' id='answer-label-1647485' class=' answer'><span>Privacy<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425593[]' id='answer-id-1647486' class='answer   answerof-425593 ' value='1647486'   \/><label for='answer-id-1647486' id='answer-label-1647486' class=' answer'><span>Stablecoin<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425593[]' id='answer-id-1647487' class='answer   answerof-425593 ' value='1647487'   \/><label for='answer-id-1647487' id='answer-label-1647487' class=' answer'><span>Platform<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425593[]' id='answer-id-1647488' class='answer   answerof-425593 ' value='1647488'   \/><label for='answer-id-1647488' id='answer-label-1647488' class=' answer'><span>Security<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-5' style=';'><div id='questionWrap-5'  class='   watupro-question-id-425594'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>5. <\/span>According to me Financial Action Task Force's (FATF's&gt; definition of virtual asset service provider (VASP), for which activity is an entity required to be licensee or registered as a VASP in the jurisdiction(s) where they are created?<\/div><input type='hidden' name='question_id[]' id='qID_5' value='425594' \/><input type='hidden' id='answerType425594' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425594[]' id='answer-id-1647489' class='answer   answerof-425594 ' value='1647489'   \/><label for='answer-id-1647489' id='answer-label-1647489' class=' answer'><span>Cryptocurrency mining operations<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425594[]' id='answer-id-1647490' class='answer   answerof-425594 ' value='1647490'   \/><label for='answer-id-1647490' id='answer-label-1647490' class=' answer'><span>Safekeeping and\/or administration of virtual assets and exchange between one or more forms of virtual assets<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425594[]' id='answer-id-1647491' class='answer   answerof-425594 ' value='1647491'   \/><label for='answer-id-1647491' id='answer-label-1647491' class=' answer'><span>Operating blockchain nodes<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425594[]' id='answer-id-1647492' class='answer   answerof-425594 ' value='1647492'   \/><label for='answer-id-1647492' id='answer-label-1647492' class=' answer'><span>Virtual money service businesses<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-6' style=';'><div id='questionWrap-6'  class='   watupro-question-id-425595'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>6. <\/span>Which is the first action a virtual asset service provider (VASP) should take when it finds out that its customers are engaging in virtual asset (VA) transfers related to unhosted wallets and peer-to-peer (P2P) transactions?<\/div><input type='hidden' name='question_id[]' id='qID_6' value='425595' \/><input type='hidden' id='answerType425595' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425595[]' id='answer-id-1647493' class='answer   answerof-425595 ' value='1647493'   \/><label for='answer-id-1647493' id='answer-label-1647493' class=' answer'><span>Allow VA transfers related P2P or unhosted wallets below 1,000 USD or the equivalent amount in local currency, or per defined thresholds in local regulations.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425595[]' id='answer-id-1647494' class='answer   answerof-425595 ' value='1647494'   \/><label for='answer-id-1647494' id='answer-label-1647494' class=' answer'><span>Freeze accounts with records of transactions related to P2P transactions or unhosted wallets.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425595[]' id='answer-id-1647495' class='answer   answerof-425595 ' value='1647495'   \/><label for='answer-id-1647495' id='answer-label-1647495' class=' answer'><span>Collect and assess the data on transactions related to P2P or unhosted wallets to determine if it is within its risk appetite.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425595[]' id='answer-id-1647496' class='answer   answerof-425595 ' value='1647496'   \/><label for='answer-id-1647496' id='answer-label-1647496' class=' answer'><span>Enhance existing risk-based control framework to account for specific risks posed by transactions related to P2P or unhosted wallets.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-7' style=';'><div id='questionWrap-7'  class='   watupro-question-id-425596'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>7. <\/span>What Is the purpose of applying learning (ML) or artificial Intelligence (Al) within a compliance framework? (Select two.)<\/div><input type='hidden' name='question_id[]' id='qID_7' value='425596' \/><input type='hidden' id='answerType425596' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425596[]' id='answer-id-1647497' class='answer   answerof-425596 ' value='1647497'   \/><label for='answer-id-1647497' id='answer-label-1647497' class=' answer'><span>To reduce the requirement for risk assessment<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425596[]' id='answer-id-1647498' class='answer   answerof-425596 ' value='1647498'   \/><label for='answer-id-1647498' id='answer-label-1647498' class=' answer'><span>To enhance efficiency<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425596[]' id='answer-id-1647499' class='answer   answerof-425596 ' value='1647499'   \/><label for='answer-id-1647499' id='answer-label-1647499' class=' answer'><span>To reduce headcount<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425596[]' id='answer-id-1647500' class='answer   answerof-425596 ' value='1647500'   \/><label for='answer-id-1647500' id='answer-label-1647500' class=' answer'><span>To focus skilled resource on higher value activity<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-8' style=';'><div id='questionWrap-8'  class='   watupro-question-id-425597'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>8. <\/span>Which is the discipline of risk management related to the risk of algorithms, machine learning, and artificial intelligence within the transaction monitoring and screening software that a virtual asset service provider acquires from a vendor?<\/div><input type='hidden' name='question_id[]' id='qID_8' value='425597' \/><input type='hidden' id='answerType425597' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425597[]' id='answer-id-1647501' class='answer   answerof-425597 ' value='1647501'   \/><label for='answer-id-1647501' id='answer-label-1647501' class=' answer'><span>Vendor risk management<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425597[]' id='answer-id-1647502' class='answer   answerof-425597 ' value='1647502'   \/><label for='answer-id-1647502' id='answer-label-1647502' class=' answer'><span>IT security risk management<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425597[]' id='answer-id-1647503' class='answer   answerof-425597 ' value='1647503'   \/><label for='answer-id-1647503' id='answer-label-1647503' class=' answer'><span>Operational risk management<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425597[]' id='answer-id-1647504' class='answer   answerof-425597 ' value='1647504'   \/><label for='answer-id-1647504' id='answer-label-1647504' class=' answer'><span>Model risk management<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-9' style=';'><div id='questionWrap-9'  class='   watupro-question-id-425598'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>9. <\/span>An analyst at a virtual asset service provider (VASP) that white-labels its exchange solution to other cross-border VASPs is developing a VASP onboarding procedure. <br \/>\r<br>Under Financial Action Task Force Recommendation 13, which CDD practices should be applied to such relationships? (Select Three.)<\/div><input type='hidden' name='question_id[]' id='qID_9' value='425598' \/><input type='hidden' id='answerType425598' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425598[]' id='answer-id-1647505' class='answer   answerof-425598 ' value='1647505'   \/><label for='answer-id-1647505' id='answer-label-1647505' class=' answer'><span>Obtain approval from the local supervisory authority<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425598[]' id='answer-id-1647506' class='answer   answerof-425598 ' value='1647506'   \/><label for='answer-id-1647506' id='answer-label-1647506' class=' answer'><span>Assess the profitability of the VASP relationship<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425598[]' id='answer-id-1647507' class='answer   answerof-425598 ' value='1647507'   \/><label for='answer-id-1647507' id='answer-label-1647507' class=' answer'><span>Assess the nature and purpose of the VASP relationship<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425598[]' id='answer-id-1647508' class='answer   answerof-425598 ' value='1647508'   \/><label for='answer-id-1647508' id='answer-label-1647508' class=' answer'><span>Obtain approval from senior management<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425598[]' id='answer-id-1647509' class='answer   answerof-425598 ' value='1647509'   \/><label for='answer-id-1647509' id='answer-label-1647509' class=' answer'><span>Assess the VASP\u2019s supervision and if a license\/registration is needed<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-10' style=';'><div id='questionWrap-10'  class='   watupro-question-id-425599'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>10. <\/span>A compliance officer Is assigned a group of customers. <br \/>\r<br>Which action should the officer fake to determine the appropriate level of customer due diligence apply to each customer?<\/div><input type='hidden' name='question_id[]' id='qID_10' value='425599' \/><input type='hidden' id='answerType425599' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425599[]' id='answer-id-1647510' class='answer   answerof-425599 ' value='1647510'   \/><label for='answer-id-1647510' id='answer-label-1647510' class=' answer'><span>Assess only the money laundering risks posed by customer location<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425599[]' id='answer-id-1647511' class='answer   answerof-425599 ' value='1647511'   \/><label for='answer-id-1647511' id='answer-label-1647511' class=' answer'><span>Examine what Threshold for occasional transactions can be set for each customer.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425599[]' id='answer-id-1647512' class='answer   answerof-425599 ' value='1647512'   \/><label for='answer-id-1647512' id='answer-label-1647512' class=' answer'><span>Implement the same COD measures for each customer.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425599[]' id='answer-id-1647513' class='answer   answerof-425599 ' value='1647513'   \/><label for='answer-id-1647513' id='answer-label-1647513' class=' answer'><span>Take into account all risk variables such as me purpose of the account or relationship<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-11' style=';'><div id='questionWrap-11'  class='   watupro-question-id-425600'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>11. <\/span>According to the Financial Action Task Force report, &quot;Virtual Assets Red Flag Indicators&quot;, which activity is a red flag related to anonymity?<\/div><input type='hidden' name='question_id[]' id='qID_11' value='425600' \/><input type='hidden' id='answerType425600' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425600[]' id='answer-id-1647514' class='answer   answerof-425600 ' value='1647514'   \/><label for='answer-id-1647514' id='answer-label-1647514' class=' answer'><span>Executing multiple high-value transactions after a period of inactivity from the client<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425600[]' id='answer-id-1647515' class='answer   answerof-425600 ' value='1647515'   \/><label for='answer-id-1647515' id='answer-label-1647515' class=' answer'><span>Engaging in abnormal transactional activity of virtual assets cashed out at exchanges from peer-to-peer hosted wallets with no logical business explanation<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425600[]' id='answer-id-1647516' class='answer   answerof-425600 ' value='1647516'   \/><label for='answer-id-1647516' id='answer-label-1647516' class=' answer'><span>Making frequent transfers in a certain period of time (e.g., a day, a week, a month) to the same virtual asset account with a well-known virtual asset service provider<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425600[]' id='answer-id-1647517' class='answer   answerof-425600 ' value='1647517'   \/><label for='answer-id-1647517' id='answer-label-1647517' class=' answer'><span>Conducting Bitcoin-fiat currency exchanges at a potential loss<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-12' style=';'><div id='questionWrap-12'  class='   watupro-question-id-425601'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>12. <\/span>Which statement regarding cryptocurrencies, digital assets, and blockchain is correct?<\/div><input type='hidden' name='question_id[]' id='qID_12' value='425601' \/><input type='hidden' id='answerType425601' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425601[]' id='answer-id-1647518' class='answer   answerof-425601 ' value='1647518'   \/><label for='answer-id-1647518' id='answer-label-1647518' class=' answer'><span>Cryptocurrencies use encryption techniques operating independently from a central bank.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425601[]' id='answer-id-1647519' class='answer   answerof-425601 ' value='1647519'   \/><label for='answer-id-1647519' id='answer-label-1647519' class=' answer'><span>Cryptocurrencies and blockchain are the same and are terms used interchangeably.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425601[]' id='answer-id-1647520' class='answer   answerof-425601 ' value='1647520'   \/><label for='answer-id-1647520' id='answer-label-1647520' class=' answer'><span>Digital assets can only operate on a blockchain.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425601[]' id='answer-id-1647521' class='answer   answerof-425601 ' value='1647521'   \/><label for='answer-id-1647521' id='answer-label-1647521' class=' answer'><span>Cryptocurrencies, blockchain, and digital assets can all be used as a means of payment.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-13' style=';'><div id='questionWrap-13'  class='   watupro-question-id-425602'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>13. <\/span>A suspicious activity report was filed in the EU for a local company account that held funds generated by the sale of product coupons. A review of the account highlighted a login from an unconnected IP address. Despite repeated requests, the customer failed to provide information on the origins of the funds. <br \/>\r<br>Which is the main red flag here?<\/div><input type='hidden' name='question_id[]' id='qID_13' value='425602' \/><input type='hidden' id='answerType425602' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425602[]' id='answer-id-1647522' class='answer   answerof-425602 ' value='1647522'   \/><label for='answer-id-1647522' id='answer-label-1647522' class=' answer'><span>Virtual asset service providers outside of the EU are being relied upon.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425602[]' id='answer-id-1647523' class='answer   answerof-425602 ' value='1647523'   \/><label for='answer-id-1647523' id='answer-label-1647523' class=' answer'><span>Funds are generated by the sale of coupons which are connected to a physical product.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425602[]' id='answer-id-1647524' class='answer   answerof-425602 ' value='1647524'   \/><label for='answer-id-1647524' id='answer-label-1647524' class=' answer'><span>There is a failure to cooperate with the source of funds requests.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425602[]' id='answer-id-1647525' class='answer   answerof-425602 ' value='1647525'   \/><label for='answer-id-1647525' id='answer-label-1647525' class=' answer'><span>An IP address is being used that is not previously connected to that customer.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-14' style=';'><div id='questionWrap-14'  class='   watupro-question-id-425603'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>14. <\/span>As per the Financial Action Task Force standards, which activities fall under the definition of a virtual asset service provider? (Select Three.)<\/div><input type='hidden' name='question_id[]' id='qID_14' value='425603' \/><input type='hidden' id='answerType425603' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425603[]' id='answer-id-1647526' class='answer   answerof-425603 ' value='1647526'   \/><label for='answer-id-1647526' id='answer-label-1647526' class=' answer'><span>Operation of a virtual assets mining facility<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425603[]' id='answer-id-1647527' class='answer   answerof-425603 ' value='1647527'   \/><label for='answer-id-1647527' id='answer-label-1647527' class=' answer'><span>Exchange between one or more forms of virtual assets<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425603[]' id='answer-id-1647528' class='answer   answerof-425603 ' value='1647528'   \/><label for='answer-id-1647528' id='answer-label-1647528' class=' answer'><span>Participation in and provision of financial services related to an initial coin offering<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425603[]' id='answer-id-1647529' class='answer   answerof-425603 ' value='1647529'   \/><label for='answer-id-1647529' id='answer-label-1647529' class=' answer'><span>Exchange between virtual assets and fiat currencies<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425603[]' id='answer-id-1647530' class='answer   answerof-425603 ' value='1647530'   \/><label for='answer-id-1647530' id='answer-label-1647530' class=' answer'><span>Creation of virtual assets software to issue decentralized managed virtual assets<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425603[]' id='answer-id-1647531' class='answer   answerof-425603 ' value='1647531'   \/><label for='answer-id-1647531' id='answer-label-1647531' class=' answer'><span>Participation in and provision of financial services related to an initial public offering<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-15' style=';'><div id='questionWrap-15'  class='   watupro-question-id-425604'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>15. <\/span>Which key differences between the Bitcoin and Ethereum blockchains must investigators consider when investigating flows of funds on each respective chain? (Select Two.)<\/div><input type='hidden' name='question_id[]' id='qID_15' value='425604' \/><input type='hidden' id='answerType425604' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425604[]' id='answer-id-1647532' class='answer   answerof-425604 ' value='1647532'   \/><label for='answer-id-1647532' id='answer-label-1647532' class=' answer'><span>Transaction cost<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425604[]' id='answer-id-1647533' class='answer   answerof-425604 ' value='1647533'   \/><label for='answer-id-1647533' id='answer-label-1647533' class=' answer'><span>Variety of applications, assets, and networks<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425604[]' id='answer-id-1647534' class='answer   answerof-425604 ' value='1647534'   \/><label for='answer-id-1647534' id='answer-label-1647534' class=' answer'><span>Address length<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425604[]' id='answer-id-1647535' class='answer   answerof-425604 ' value='1647535'   \/><label for='answer-id-1647535' id='answer-label-1647535' class=' answer'><span>Ledger model<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-16' style=';'><div id='questionWrap-16'  class='   watupro-question-id-425605'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>16. <\/span>A compliance officer is conducting a customer risk review. <br \/>\r<br>Which statements represent the highest level of customer risk? (Select Two.)<\/div><input type='hidden' name='question_id[]' id='qID_16' value='425605' \/><input type='hidden' id='answerType425605' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425605[]' id='answer-id-1647536' class='answer   answerof-425605 ' value='1647536'   \/><label for='answer-id-1647536' id='answer-label-1647536' class=' answer'><span>A customer who uses a virtual private network (VPN) connection to access the customer's account<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425605[]' id='answer-id-1647537' class='answer   answerof-425605 ' value='1647537'   \/><label for='answer-id-1647537' id='answer-label-1647537' class=' answer'><span>A student customer depositing 15,000 USD over a period of a month, using the funds to purchase cryptoassets that are sent to another virtual asset service provider<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425605[]' id='answer-id-1647538' class='answer   answerof-425605 ' value='1647538'   \/><label for='answer-id-1647538' id='answer-label-1647538' class=' answer'><span>A business customer opting to pay suppliers in cryptoassets<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425605[]' id='answer-id-1647539' class='answer   answerof-425605 ' value='1647539'   \/><label for='answer-id-1647539' id='answer-label-1647539' class=' answer'><span>A customer receiving cryptoassets daily from another virtual asset service provider located in a foreign jurisdiction which are then sent to a private wallet<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425605[]' id='answer-id-1647540' class='answer   answerof-425605 ' value='1647540'   \/><label for='answer-id-1647540' id='answer-label-1647540' class=' answer'><span>A customer located in a foreign country donating 10,000 USD worth of cryptoassets to a charity for veterans in the US<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-17' style=';'><div id='questionWrap-17'  class='   watupro-question-id-425606'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>17. <\/span>How does law enforcement use Suspicious Activity Reports (SARs)? (Select Two.)<\/div><input type='hidden' name='question_id[]' id='qID_17' value='425606' \/><input type='hidden' id='answerType425606' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425606[]' id='answer-id-1647541' class='answer   answerof-425606 ' value='1647541'   \/><label for='answer-id-1647541' id='answer-label-1647541' class=' answer'><span>To identify regulatory failings<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425606[]' id='answer-id-1647542' class='answer   answerof-425606 ' value='1647542'   \/><label for='answer-id-1647542' id='answer-label-1647542' class=' answer'><span>To produce evidence of money laundering that can be used in court<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425606[]' id='answer-id-1647543' class='answer   answerof-425606 ' value='1647543'   \/><label for='answer-id-1647543' id='answer-label-1647543' class=' answer'><span>To develop intelligence on new targets<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425606[]' id='answer-id-1647544' class='answer   answerof-425606 ' value='1647544'   \/><label for='answer-id-1647544' id='answer-label-1647544' class=' answer'><span>To confirm or develop information on existing targets<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-18' style=';'><div id='questionWrap-18'  class='   watupro-question-id-425607'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>18. <\/span>Which statement describes what a staff member should do If suspicious activity is identified?<\/div><input type='hidden' name='question_id[]' id='qID_18' value='425607' \/><input type='hidden' id='answerType425607' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425607[]' id='answer-id-1647545' class='answer   answerof-425607 ' value='1647545'   \/><label for='answer-id-1647545' id='answer-label-1647545' class=' answer'><span>Inform the customer of concerns about the suspicious activity to obtain clarification.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425607[]' id='answer-id-1647546' class='answer   answerof-425607 ' value='1647546'   \/><label for='answer-id-1647546' id='answer-label-1647546' class=' answer'><span>Report the suspicious activity immediately to the financial investigation unit.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425607[]' id='answer-id-1647547' class='answer   answerof-425607 ' value='1647547'   \/><label for='answer-id-1647547' id='answer-label-1647547' class=' answer'><span>Report the suspicious activity immediately to the designated Money Laundering Reporting Officer<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425607[]' id='answer-id-1647548' class='answer   answerof-425607 ' value='1647548'   \/><label for='answer-id-1647548' id='answer-label-1647548' class=' answer'><span>Monitor the customer's transactions for the next 6 months to analyze the customer's behavior<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-19' style=';'><div id='questionWrap-19'  class='   watupro-question-id-425608'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>19. <\/span>Which level of an organization is ultimately responsible for risk oversight?<\/div><input type='hidden' name='question_id[]' id='qID_19' value='425608' \/><input type='hidden' id='answerType425608' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425608[]' id='answer-id-1647549' class='answer   answerof-425608 ' value='1647549'   \/><label for='answer-id-1647549' id='answer-label-1647549' class=' answer'><span>1st line compliance team<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425608[]' id='answer-id-1647550' class='answer   answerof-425608 ' value='1647550'   \/><label for='answer-id-1647550' id='answer-label-1647550' class=' answer'><span>2nd line compliance team<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425608[]' id='answer-id-1647551' class='answer   answerof-425608 ' value='1647551'   \/><label for='answer-id-1647551' id='answer-label-1647551' class=' answer'><span>Chief risk officer<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425608[]' id='answer-id-1647552' class='answer   answerof-425608 ' value='1647552'   \/><label for='answer-id-1647552' id='answer-label-1647552' class=' answer'><span>Board of directors<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-20' style=';'><div id='questionWrap-20'  class='   watupro-question-id-425609'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>20. <\/span>In considering particular virtual asset products, services, or activities, which features should be considered by management?<\/div><input type='hidden' name='question_id[]' id='qID_20' value='425609' \/><input type='hidden' id='answerType425609' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425609[]' id='answer-id-1647553' class='answer   answerof-425609 ' value='1647553'   \/><label for='answer-id-1647553' id='answer-label-1647553' class=' answer'><span>Ability for other virtual asset service providers (VASPs) to utilize the service to provide services to their own customers.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425609[]' id='answer-id-1647554' class='answer   answerof-425609 ' value='1647554'   \/><label for='answer-id-1647554' id='answer-label-1647554' class=' answer'><span>Ability to mingle funds within wider pools.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425609[]' id='answer-id-1647555' class='answer   answerof-425609 ' value='1647555'   \/><label for='answer-id-1647555' id='answer-label-1647555' class=' answer'><span>Regulatory expectations.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425609[]' id='answer-id-1647556' class='answer   answerof-425609 ' value='1647556'   \/><label for='answer-id-1647556' id='answer-label-1647556' class=' answer'><span>Transaction volumes.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-21' style=';'><div id='questionWrap-21'  class='   watupro-question-id-425610'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>21. <\/span>Which business category below is considered to present the highest risk of money laundering?<\/div><input type='hidden' name='question_id[]' id='qID_21' value='425610' \/><input type='hidden' id='answerType425610' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425610[]' id='answer-id-1647557' class='answer   answerof-425610 ' value='1647557'   \/><label for='answer-id-1647557' id='answer-label-1647557' class=' answer'><span>Registered hedge fund<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425610[]' id='answer-id-1647558' class='answer   answerof-425610 ' value='1647558'   \/><label for='answer-id-1647558' id='answer-label-1647558' class=' answer'><span>Pharmaceutical company<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425610[]' id='answer-id-1647559' class='answer   answerof-425610 ' value='1647559'   \/><label for='answer-id-1647559' id='answer-label-1647559' class=' answer'><span>Law firm<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425610[]' id='answer-id-1647560' class='answer   answerof-425610 ' value='1647560'   \/><label for='answer-id-1647560' id='answer-label-1647560' class=' answer'><span>Art dealer<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-22' style=';'><div id='questionWrap-22'  class='   watupro-question-id-425611'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>22. <\/span>What is the purpose of a security audit in reason to smart contracts?<\/div><input type='hidden' name='question_id[]' id='qID_22' value='425611' \/><input type='hidden' id='answerType425611' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425611[]' id='answer-id-1647561' class='answer   answerof-425611 ' value='1647561'   \/><label for='answer-id-1647561' id='answer-label-1647561' class=' answer'><span>To allow the developer to confirm that the code does not violate copyright<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425611[]' id='answer-id-1647562' class='answer   answerof-425611 ' value='1647562'   \/><label for='answer-id-1647562' id='answer-label-1647562' class=' answer'><span>To identify any outdated functions or performance issues<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425611[]' id='answer-id-1647563' class='answer   answerof-425611 ' value='1647563'   \/><label for='answer-id-1647563' id='answer-label-1647563' class=' answer'><span>To Identify bad actors that ace seeking to misuse the smart contract<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425611[]' id='answer-id-1647564' class='answer   answerof-425611 ' value='1647564'   \/><label for='answer-id-1647564' id='answer-label-1647564' class=' answer'><span>To protect investors' funds by identifying weaknesses in the code or protocol<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-23' style=';'><div id='questionWrap-23'  class='   watupro-question-id-425612'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>23. <\/span>1.How should an investigator use transaction history to determine whether cryptoassets were previously involved in money laundering?<\/div><input type='hidden' name='question_id[]' id='qID_23' value='425612' \/><input type='hidden' id='answerType425612' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425612[]' id='answer-id-1647565' class='answer   answerof-425612 ' value='1647565'   \/><label for='answer-id-1647565' id='answer-label-1647565' class=' answer'><span>Assess the identity of the cryptoasset owner.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425612[]' id='answer-id-1647566' class='answer   answerof-425612 ' value='1647566'   \/><label for='answer-id-1647566' id='answer-label-1647566' class=' answer'><span>Assess other assets held by the cryptoasset owner.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425612[]' id='answer-id-1647567' class='answer   answerof-425612 ' value='1647567'   \/><label for='answer-id-1647567' id='answer-label-1647567' class=' answer'><span>Assess the cryptoasset addresses' receiving exposure to illicit activity.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425612[]' id='answer-id-1647568' class='answer   answerof-425612 ' value='1647568'   \/><label for='answer-id-1647568' id='answer-label-1647568' class=' answer'><span>Assess the jurisdiction where the transactions took place.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-24' style=';'><div id='questionWrap-24'  class='   watupro-question-id-425613'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>24. <\/span>Which virtual asset relies on an account-based ledger model?<\/div><input type='hidden' name='question_id[]' id='qID_24' value='425613' \/><input type='hidden' id='answerType425613' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425613[]' id='answer-id-1647569' class='answer   answerof-425613 ' value='1647569'   \/><label for='answer-id-1647569' id='answer-label-1647569' class=' answer'><span>Litecoin<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425613[]' id='answer-id-1647570' class='answer   answerof-425613 ' value='1647570'   \/><label for='answer-id-1647570' id='answer-label-1647570' class=' answer'><span>Ethereum<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425613[]' id='answer-id-1647571' class='answer   answerof-425613 ' value='1647571'   \/><label for='answer-id-1647571' id='answer-label-1647571' class=' answer'><span>Bitcoin<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425613[]' id='answer-id-1647572' class='answer   answerof-425613 ' value='1647572'   \/><label for='answer-id-1647572' id='answer-label-1647572' class=' answer'><span>Monero<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-25' style=';'><div id='questionWrap-25'  class='   watupro-question-id-425614'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>25. <\/span>What is indirect exposure in regards to blockchain analytics transaction monitoring?<\/div><input type='hidden' name='question_id[]' id='qID_25' value='425614' \/><input type='hidden' id='answerType425614' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425614[]' id='answer-id-1647573' class='answer   answerof-425614 ' value='1647573'   \/><label for='answer-id-1647573' id='answer-label-1647573' class=' answer'><span>The cryptoassets are absolutely linked to a specific user and identity on the blockchain.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425614[]' id='answer-id-1647574' class='answer   answerof-425614 ' value='1647574'   \/><label for='answer-id-1647574' id='answer-label-1647574' class=' answer'><span>The cryptoassets have a connection to risky activity via another crypto address or addresses.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425614[]' id='answer-id-1647575' class='answer   answerof-425614 ' value='1647575'   \/><label for='answer-id-1647575' id='answer-label-1647575' class=' answer'><span>The cryptoassets went through a mixing protocol to conceal source of funds.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425614[]' id='answer-id-1647576' class='answer   answerof-425614 ' value='1647576'   \/><label for='answer-id-1647576' id='answer-label-1647576' class=' answer'><span>The fiat currency is not immediately linked to a known bank account.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-26' style=';'><div id='questionWrap-26'  class='   watupro-question-id-425615'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>26. <\/span>When enhances international cooperation with regard to law enforcement investigations of virtual asset (VA) crimes?<\/div><input type='hidden' name='question_id[]' id='qID_26' value='425615' \/><input type='hidden' id='answerType425615' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425615[]' id='answer-id-1647577' class='answer   answerof-425615 ' value='1647577'   \/><label for='answer-id-1647577' id='answer-label-1647577' class=' answer'><span>Join Financial Action Task Force to access the network of jurisdictions<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425615[]' id='answer-id-1647578' class='answer   answerof-425615 ' value='1647578'   \/><label for='answer-id-1647578' id='answer-label-1647578' class=' answer'><span>Establish a new Independent state agency for VAs.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425615[]' id='answer-id-1647579' class='answer   answerof-425615 ' value='1647579'   \/><label for='answer-id-1647579' id='answer-label-1647579' class=' answer'><span>Develop smart contracts for information sharing.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425615[]' id='answer-id-1647580' class='answer   answerof-425615 ' value='1647580'   \/><label for='answer-id-1647580' id='answer-label-1647580' class=' answer'><span>Designate a financial Intelligence unit<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-27' style=';'><div id='questionWrap-27'  class='   watupro-question-id-425616'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>27. <\/span>A customer who runs a cryptoasset automated teller machine (ATM) comes into a financial institution and deposits a larger than usual amount. When asked about the deposit, the customer answers there has been broader adoption of cryptoassets in the region where the ATM is located. <br \/>\r<br>Which additional information about the business would indicate high risk for money laundering? (Select Two.)<\/div><input type='hidden' name='question_id[]' id='qID_27' value='425616' \/><input type='hidden' id='answerType425616' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425616[]' id='answer-id-1647581' class='answer   answerof-425616 ' value='1647581'   \/><label for='answer-id-1647581' id='answer-label-1647581' class=' answer'><span>The volume and the number of users increase.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425616[]' id='answer-id-1647582' class='answer   answerof-425616 ' value='1647582'   \/><label for='answer-id-1647582' id='answer-label-1647582' class=' answer'><span>The cryptoasset ATM supports a variety of cryptoassets.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425616[]' id='answer-id-1647583' class='answer   answerof-425616 ' value='1647583'   \/><label for='answer-id-1647583' id='answer-label-1647583' class=' answer'><span>The region is neighboring with a narcotic-producing jurisdiction.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425616[]' id='answer-id-1647584' class='answer   answerof-425616 ' value='1647584'   \/><label for='answer-id-1647584' id='answer-label-1647584' class=' answer'><span>The region is located within a high-risk jurisdiction.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425616[]' id='answer-id-1647585' class='answer   answerof-425616 ' value='1647585'   \/><label for='answer-id-1647585' id='answer-label-1647585' class=' answer'><span>The cryptoasset ATM was recently licensed.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-28' style=';'><div id='questionWrap-28'  class='   watupro-question-id-425617'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>28. <\/span>The lightning network is a payment protocol built on top of the Bitcoin blockchain that:<\/div><input type='hidden' name='question_id[]' id='qID_28' value='425617' \/><input type='hidden' id='answerType425617' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425617[]' id='answer-id-1647586' class='answer   answerof-425617 ' value='1647586'   \/><label for='answer-id-1647586' id='answer-label-1647586' class=' answer'><span>allows users to send large payments to decentralised exchanges<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425617[]' id='answer-id-1647587' class='answer   answerof-425617 ' value='1647587'   \/><label for='answer-id-1647587' id='answer-label-1647587' class=' answer'><span>allows the bridging of assets from one blockchain to another.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425617[]' id='answer-id-1647588' class='answer   answerof-425617 ' value='1647588'   \/><label for='answer-id-1647588' id='answer-label-1647588' class=' answer'><span>allows users to take advantage of no transaction fees.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425617[]' id='answer-id-1647589' class='answer   answerof-425617 ' value='1647589'   \/><label for='answer-id-1647589' id='answer-label-1647589' class=' answer'><span>allows users to conduct transactions off-chain<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-29' style=';'><div id='questionWrap-29'  class='   watupro-question-id-425618'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>29. <\/span>In a blockchain 51% attack, what does 51% refer to?<\/div><input type='hidden' name='question_id[]' id='qID_29' value='425618' \/><input type='hidden' id='answerType425618' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425618[]' id='answer-id-1647590' class='answer   answerof-425618 ' value='1647590'   \/><label for='answer-id-1647590' id='answer-label-1647590' class=' answer'><span>Governance tokens<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425618[]' id='answer-id-1647591' class='answer   answerof-425618 ' value='1647591'   \/><label for='answer-id-1647591' id='answer-label-1647591' class=' answer'><span>Wallets<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425618[]' id='answer-id-1647592' class='answer   answerof-425618 ' value='1647592'   \/><label for='answer-id-1647592' id='answer-label-1647592' class=' answer'><span>Computational power required for mining<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425618[]' id='answer-id-1647593' class='answer   answerof-425618 ' value='1647593'   \/><label for='answer-id-1647593' id='answer-label-1647593' class=' answer'><span>Exchanges<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-30' style=';'><div id='questionWrap-30'  class='   watupro-question-id-425619'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>30. <\/span>A virtual asset service provider (VASP) is using public information on the blockchain to trace a wallet address. <br \/>\r<br>Which additional step is necessary to identify the owner or controller of that address?<\/div><input type='hidden' name='question_id[]' id='qID_30' value='425619' \/><input type='hidden' id='answerType425619' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425619[]' id='answer-id-1647594' class='answer   answerof-425619 ' value='1647594'   \/><label for='answer-id-1647594' id='answer-label-1647594' class=' answer'><span>Review the wallet address information periodically.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425619[]' id='answer-id-1647595' class='answer   answerof-425619 ' value='1647595'   \/><label for='answer-id-1647595' id='answer-label-1647595' class=' answer'><span>Acquire information to connect the wallet address to a natural person.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425619[]' id='answer-id-1647596' class='answer   answerof-425619 ' value='1647596'   \/><label for='answer-id-1647596' id='answer-label-1647596' class=' answer'><span>Screen the wallet address for any historical transaction activity.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425619[]' id='answer-id-1647597' class='answer   answerof-425619 ' value='1647597'   \/><label for='answer-id-1647597' id='answer-label-1647597' class=' answer'><span>Obtain further information connecting wallet address to virtual asset transactions.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-31' style=';'><div id='questionWrap-31'  class='   watupro-question-id-425620'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>31. <\/span>Which Is the general consensus among Jurisdictions who have performed a national risk assessment about cryptoasset activities conducted in their countries?<\/div><input type='hidden' name='question_id[]' id='qID_31' value='425620' \/><input type='hidden' id='answerType425620' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425620[]' id='answer-id-1647598' class='answer   answerof-425620 ' value='1647598'   \/><label for='answer-id-1647598' id='answer-label-1647598' class=' answer'><span>There Is a rising level of money laundering risks related lo cryptoasset activities<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425620[]' id='answer-id-1647599' class='answer   answerof-425620 ' value='1647599'   \/><label for='answer-id-1647599' id='answer-label-1647599' class=' answer'><span>The level of money laundering risk linked to cryptoasset activities is very dependent on a country's geographical position.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425620[]' id='answer-id-1647600' class='answer   answerof-425620 ' value='1647600'   \/><label for='answer-id-1647600' id='answer-label-1647600' class=' answer'><span>With increased awareness about cryptoasset activities, the money laundering risk levels become lower. \r\nD, Where the adoption rate of digital banking Is high, a decreased level of money laundering risks related to cryptoasset activities is reported<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-32' style=';'><div id='questionWrap-32'  class='   watupro-question-id-425621'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>32. <\/span>The Financial Action Task Force recommends countries require virtual asset service providers to maintain all records of transactions and customer due diligence measures for a minimum of:<\/div><input type='hidden' name='question_id[]' id='qID_32' value='425621' \/><input type='hidden' id='answerType425621' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425621[]' id='answer-id-1647601' class='answer   answerof-425621 ' value='1647601'   \/><label for='answer-id-1647601' id='answer-label-1647601' class=' answer'><span>6 months<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425621[]' id='answer-id-1647602' class='answer   answerof-425621 ' value='1647602'   \/><label for='answer-id-1647602' id='answer-label-1647602' class=' answer'><span>2 years<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425621[]' id='answer-id-1647603' class='answer   answerof-425621 ' value='1647603'   \/><label for='answer-id-1647603' id='answer-label-1647603' class=' answer'><span>5 years<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425621[]' id='answer-id-1647604' class='answer   answerof-425621 ' value='1647604'   \/><label for='answer-id-1647604' id='answer-label-1647604' class=' answer'><span>7 years<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-33' style=';'><div id='questionWrap-33'  class='   watupro-question-id-425622'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>33. <\/span>To identify and assess the money laundering risks emerging from virtual assets, countries should ensure that virtual asset service providers are: (Select Two.)<\/div><input type='hidden' name='question_id[]' id='qID_33' value='425622' \/><input type='hidden' id='answerType425622' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425622[]' id='answer-id-1647605' class='answer   answerof-425622 ' value='1647605'   \/><label for='answer-id-1647605' id='answer-label-1647605' class=' answer'><span>Connected with a regulated financial institution.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425622[]' id='answer-id-1647606' class='answer   answerof-425622 ' value='1647606'   \/><label for='answer-id-1647606' id='answer-label-1647606' class=' answer'><span>Subjected to AML regulations<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425622[]' id='answer-id-1647607' class='answer   answerof-425622 ' value='1647607'   \/><label for='answer-id-1647607' id='answer-label-1647607' class=' answer'><span>Maintaining effective monitoring systems.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425622[]' id='answer-id-1647608' class='answer   answerof-425622 ' value='1647608'   \/><label for='answer-id-1647608' id='answer-label-1647608' class=' answer'><span>Located in a jurisdiction with increased regulatory expectations<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425622[]' id='answer-id-1647609' class='answer   answerof-425622 ' value='1647609'   \/><label for='answer-id-1647609' id='answer-label-1647609' class=' answer'><span>Evaluated for beneficial ownership of virtual asset clients<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-34' style=';'><div id='questionWrap-34'  class='   watupro-question-id-425623'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>34. <\/span>What is the intention of the Financial Action Task Force's (FATF's) Travel Rule?<\/div><input type='hidden' name='question_id[]' id='qID_34' value='425623' \/><input type='hidden' id='answerType425623' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425623[]' id='answer-id-1647610' class='answer   answerof-425623 ' value='1647610'   \/><label for='answer-id-1647610' id='answer-label-1647610' class=' answer'><span>To enhance customer due diligence (CDD) procedures to ensure high quality data<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425623[]' id='answer-id-1647611' class='answer   answerof-425623 ' value='1647611'   \/><label for='answer-id-1647611' id='answer-label-1647611' class=' answer'><span>To slow down cryptoasset transactions to allow law enforcement to intervene<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425623[]' id='answer-id-1647612' class='answer   answerof-425623 ' value='1647612'   \/><label for='answer-id-1647612' id='answer-label-1647612' class=' answer'><span>To mitigate money laundering and terrorist financing (ML\/TF) risk by increasing the ability to follow funds via different financial institutions<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-35' style=';'><div id='questionWrap-35'  class='   watupro-question-id-425624'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>35. <\/span>Misconfigured smart contracts can allow which type of scam to occur?<\/div><input type='hidden' name='question_id[]' id='qID_35' value='425624' \/><input type='hidden' id='answerType425624' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425624[]' id='answer-id-1647613' class='answer   answerof-425624 ' value='1647613'   \/><label for='answer-id-1647613' id='answer-label-1647613' class=' answer'><span>Phishing<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425624[]' id='answer-id-1647614' class='answer   answerof-425624 ' value='1647614'   \/><label for='answer-id-1647614' id='answer-label-1647614' class=' answer'><span>SIM<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425624[]' id='answer-id-1647615' class='answer   answerof-425624 ' value='1647615'   \/><label for='answer-id-1647615' id='answer-label-1647615' class=' answer'><span>Rug pull<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425624[]' id='answer-id-1647616' class='answer   answerof-425624 ' value='1647616'   \/><label for='answer-id-1647616' id='answer-label-1647616' class=' answer'><span>Ransomware<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-36' style=';'><div id='questionWrap-36'  class='   watupro-question-id-425625'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>36. <\/span>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:<\/div><input type='hidden' name='question_id[]' id='qID_36' value='425625' \/><input type='hidden' id='answerType425625' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425625[]' id='answer-id-1647617' class='answer   answerof-425625 ' value='1647617'   \/><label for='answer-id-1647617' id='answer-label-1647617' class=' answer'><span>USD\/EUR 1000.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425625[]' id='answer-id-1647618' class='answer   answerof-425625 ' value='1647618'   \/><label for='answer-id-1647618' id='answer-label-1647618' class=' answer'><span>USD\/EUR 5000.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425625[]' id='answer-id-1647619' class='answer   answerof-425625 ' value='1647619'   \/><label for='answer-id-1647619' id='answer-label-1647619' class=' answer'><span>USD\/EUR 10000.<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425625[]' id='answer-id-1647620' class='answer   answerof-425625 ' value='1647620'   \/><label for='answer-id-1647620' id='answer-label-1647620' class=' answer'><span>USD\/EUR 15000.<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-37' style=';'><div id='questionWrap-37'  class='   watupro-question-id-425626'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>37. <\/span>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?<\/div><input type='hidden' name='question_id[]' id='qID_37' value='425626' \/><input type='hidden' id='answerType425626' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425626[]' id='answer-id-1647621' class='answer   answerof-425626 ' value='1647621'   \/><label for='answer-id-1647621' id='answer-label-1647621' class=' answer'><span>Negligible<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425626[]' id='answer-id-1647622' class='answer   answerof-425626 ' value='1647622'   \/><label for='answer-id-1647622' id='answer-label-1647622' class=' answer'><span>Low<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425626[]' id='answer-id-1647623' class='answer   answerof-425626 ' value='1647623'   \/><label for='answer-id-1647623' id='answer-label-1647623' class=' answer'><span>Moderate<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425626[]' id='answer-id-1647624' class='answer   answerof-425626 ' value='1647624'   \/><label for='answer-id-1647624' id='answer-label-1647624' class=' answer'><span>High<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-38' style=';'><div id='questionWrap-38'  class='   watupro-question-id-425627'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>38. <\/span>Which of the following are red flag indicators specifically related to anonymity? (Select Two.)<\/div><input type='hidden' name='question_id[]' id='qID_38' value='425627' \/><input type='hidden' id='answerType425627' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425627[]' id='answer-id-1647625' class='answer   answerof-425627 ' value='1647625'   \/><label for='answer-id-1647625' id='answer-label-1647625' class=' answer'><span>Use of decentralized or hardware wallets to transport cryptoassets across borders<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425627[]' id='answer-id-1647626' class='answer   answerof-425627 ' value='1647626'   \/><label for='answer-id-1647626' id='answer-label-1647626' class=' answer'><span>Users utilizing mixing services<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425627[]' id='answer-id-1647627' class='answer   answerof-425627 ' value='1647627'   \/><label for='answer-id-1647627' id='answer-label-1647627' class=' answer'><span>Use of privacy-orientated email services<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425627[]' id='answer-id-1647628' class='answer   answerof-425627 ' value='1647628'   \/><label for='answer-id-1647628' id='answer-label-1647628' class=' answer'><span>Use of cryptoassets that are linked to fraudulent schemes<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425627[]' id='answer-id-1647629' class='answer   answerof-425627 ' value='1647629'   \/><label for='answer-id-1647629' id='answer-label-1647629' class=' answer'><span>Users exhibiting unusual sign-on activity<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-39' style=';'><div id='questionWrap-39'  class='   watupro-question-id-425628'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>39. <\/span>What three classifications of assets does the Markets in Crypto-Assets Regulation (commonly known as MICA) apply to? (Select Three.)<\/div><input type='hidden' name='question_id[]' id='qID_39' value='425628' \/><input type='hidden' id='answerType425628' value='checkbox'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425628[]' id='answer-id-1647630' class='answer   answerof-425628 ' value='1647630'   \/><label for='answer-id-1647630' id='answer-label-1647630' class=' answer'><span>Meme coins<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425628[]' id='answer-id-1647631' class='answer   answerof-425628 ' value='1647631'   \/><label for='answer-id-1647631' id='answer-label-1647631' class=' answer'><span>Electronic money tokens<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425628[]' id='answer-id-1647632' class='answer   answerof-425628 ' value='1647632'   \/><label for='answer-id-1647632' id='answer-label-1647632' class=' answer'><span>Privacy coins<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425628[]' id='answer-id-1647633' class='answer   answerof-425628 ' value='1647633'   \/><label for='answer-id-1647633' id='answer-label-1647633' class=' answer'><span>Cryptoassets<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='checkbox' name='answer-425628[]' id='answer-id-1647634' class='answer   answerof-425628 ' value='1647634'   \/><label for='answer-id-1647634' id='answer-label-1647634' class=' answer'><span>Asset-referenced tokens<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div class='watu-question ' id='question-40' style=';'><div id='questionWrap-40'  class='   watupro-question-id-425629'>\n\t\t\t<div class='question-content'><div><span class='watupro_num'>40. <\/span>Which scenario most likely indicates potential active involvement of a customer in virtual asset related scam activities?<\/div><input type='hidden' name='question_id[]' id='qID_40' value='425629' \/><input type='hidden' id='answerType425629' value='radio'><!-- end question-content--><\/div><div class='question-choices watupro-choices-columns '><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425629[]' id='answer-id-1647635' class='answer   answerof-425629 ' value='1647635'   \/><label for='answer-id-1647635' id='answer-label-1647635' class=' answer'><span>Indirect receiving from a scam cluster<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425629[]' id='answer-id-1647636' class='answer   answerof-425629 ' value='1647636'   \/><label for='answer-id-1647636' id='answer-label-1647636' class=' answer'><span>Indirect sending to a scam cluster<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425629[]' id='answer-id-1647637' class='answer   answerof-425629 ' value='1647637'   \/><label for='answer-id-1647637' id='answer-label-1647637' class=' answer'><span>Direct sending to a scam cluster<\/span><\/label><\/div><div class='watupro-question-choice  ' dir='auto' ><input type='radio' name='answer-425629[]' id='answer-id-1647638' class='answer   answerof-425629 ' value='1647638'   \/><label for='answer-id-1647638' id='answer-label-1647638' class=' answer'><span>Direct receiving from a scam cluster<\/span><\/label><\/div><!-- end question-choices--><\/div><!-- end questionWrap--><\/div><\/div><div style='display:none' id='question-41'>\n\t<div class='question-content'>\n\t\t<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.dumpsbase.com\/freedumps\/wp-content\/plugins\/watupro\/img\/loading.gif\" width=\"16\" height=\"16\" alt=\"Loading...\" title=\"Loading...\" \/>&nbsp;Loading...\t<\/div>\n<\/div>\n\n<br \/>\n\t\n\t\t\t<div class=\"watupro_buttons flex \" id=\"watuPROButtons10777\" >\n\t\t  <div id=\"prev-question\" style=\"display:none;\"><input type=\"button\" value=\"&lt; 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   \t \n<\/script>\n","protected":false},"excerpt":{"rendered":"<p>The Certified Crypto Asset Anti-Financial Crime Specialist Certification (CCAS) is a new ACAMS certification, which is designed for professionals working in the cryptocurrency sector who are responsible for managing financial crime risks and compliance with related regulations. If you are preparing for the CCAS exam, come to DumpsBase and choose the CCAS dumps (V8.02) for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[122,20052],"tags":[20054,20053],"class_list":["post-112165","post","type-post","status-publish","format-standard","hentry","category-acams","category-certified-cryptoasset-afc-specialist","tag-ccas-exam-dumps","tag-certified-crypto-asset-anti-financial-crime-specialist-certification-ccas"],"_links":{"self":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts\/112165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/comments?post=112165"}],"version-history":[{"count":1,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts\/112165\/revisions"}],"predecessor-version":[{"id":112166,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/posts\/112165\/revisions\/112166"}],"wp:attachment":[{"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/media?parent=112165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/categories?post=112165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dumpsbase.com\/freedumps\/wp-json\/wp\/v2\/tags?post=112165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}