Mural Glossary

In the realm of blockchain technology, decentralized applications (dApps) represent a transformative force, offering a glimpse into a future where decentralized, transparent, and censorship-resistant alternatives replace traditional centralized systems.

Decentralized Finance, or DeFi, refers to a broad ecosystem of financial applications and protocols built on blockchain networks, primarily Ethereum.

USD Coin (USDC) is a type of stablecoin that is pegged to the value of the US dollar, maintaining a 1:1 ratio. Launched in 2018, USDC operates on the Ethereum blockchain as an ERC-20 token.

Virtual Asset Providers (VASPs) is a term coined by the Financial Action Task Force (FATF) to regulate entities involved in virtual asset transactions.

Just as Know Your Customer (KYC) ensures the legitimacy of individual clients, Know Your Business (KYB) is a critical process that verifies the identity and legitimacy of corporate entities.

Know Your Customer (KYC) is a crucial process employed worldwide to verify the identity of clients and assess the potential risks of illegal intentions or fraudulent activities.

In the realm of cryptocurrency, an on-ramp serves as the gateway for individuals and institutions to enter the digital asset market by converting traditional fiat currencies into cryptocurrencies.

In the world of cryptocurrency, an off-ramp serves as the bridge between the digital realm of blockchain assets and the traditional financial infrastructure governed by fiat currencies.

Customer Due Diligence (CDD) is a critical process aimed at understanding the backgrounds and potential risks associated with clients

Explore Anti-Money Laundering essentials, regulations, and best practices for maintaining compliance in this concise yet comprehensive guide.

Understand the basics of transaction monitoring and anti-money laundering (AML) practices to maintain compliance and mitigate financial risks.

Uncover the W-9 Form: A vital tax document for freelancers and contractors, ensuring accurate income reporting and compliance with IRS regulations.

Dive into Passkey: a robust digital security solution replacing passwords with secure device-specific keys and biometric authentication for enhanced safety.

Explore Stablecoin: a digital currency designed for stability by pegging its value to assets like fiat or gold, pivotal in global transactions and investment.