With the rapid expansion of the
cryptocurrency market, one crucial question that often arises is whether the United States is 'largely compliant' with Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations pertaining to cryptocurrencies. Given the decentralized and global nature of crypto transactions, ensuring compliance with these regulations is paramount for preventing illicit activities such as funding terrorism, laundering drug money, or financing other criminal enterprises. Therefore, it's imperative to understand if the US regulatory framework is adequately addressing these risks and whether it is largely compliant with the evolving international standards in this domain.