Definition ∞ Crypto transfers involve the movement of digital assets between different addresses on a blockchain network. These transactions are recorded on a public ledger, offering transparency and immutability. Such transfers enable value exchange, payments, and various decentralized applications.
Context ∞ The current discussion surrounding crypto transfers often concerns regulatory compliance, particularly regarding anti-money laundering and know-your-customer requirements. Jurisdictions globally are seeking methods to monitor and report large or suspicious transfers. Technological advancements aim to enhance speed, reduce costs, and improve privacy for these digital asset movements.
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