Valid CCAS pdf vce & ACAMS CCAS test answers & CCAS troytec exams
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100% Pass Quiz CCAS - Certified Cryptoasset Anti-Financial Crime Specialist Examination –Valid Test Preparation
The ACAMS CCAS certification is a valuable credential that plays a significant role in advancing the ACAMS professional's career in the tech industry. With the Certified Cryptoasset Anti-Financial Crime Specialist Examination (CCAS) certification exam you can demonstrate your skills and knowledge level and get solid proof of your expertise. You can use this proof to advance your career. The ACAMS CCAS Certification Exam enables you to increase job opportunities, promotes professional development, and higher salary potential, and helps you to gain a competitive edge in your job search.
ACAMS Certified Cryptoasset Anti-Financial Crime Specialist Examination Sample Questions (Q55-Q60):
NEW QUESTION # 55
Which activity is most commonly associated with mixing and tumbling as a method of laundering cryptoassets?
Answer: A
Explanation:
Mixing and tumbling services are used to obscure the origin of funds by blending multiple transactions, resulting in unknown or disguised sources of funds. This is a classic money laundering technique.
Rapid trades (B), IP address obfuscation (C), and transactions to high-risk jurisdictions (D) are separate or related risks but not direct indicators of mixing/tumbling.
NEW QUESTION # 56
Which cryptoasset type is most associated with anonymity risk?
Answer: C
Explanation:
Privacy coins like Monero use cryptographic features to obscure transaction details, increasing AML risk and regulatory scrutiny.
NEW QUESTION # 57
Which is the most important consideration when assessing compromise risks when creating a decentralized finance protocol or smart contract?
Answer: D
Explanation:
Code uniqueness is critical because reuse or replication of vulnerable code exposes protocols to known exploits. Unique, well-audited, and secure code minimizes compromise risk in decentralized finance (DeFi) and smart contracts.
Security standards (A), authentication (B), and regulation (C) are important but secondary to the fundamental security of the code itself.
NEW QUESTION # 58
Which blockchain features built-in privacy measures to prevent tracing and conceal ownership and flow of illicit funds?
Answer: B
Explanation:
Monero is a privacy-focused blockchain designed with built-in features like ring signatures, stealth addresses, and confidential transactions to obfuscate sender, receiver, and transaction amounts, making tracing difficult.
Cardano, Polygon, and Ethereum are not designed primarily with these privacy features and have publicly traceable ledgers, although privacy solutions may be layered on.
NEW QUESTION # 59
According to the Financial Crimes Enforcement Network's Guidance 2019-G0001 pertaining to convertible virtual currencies, a money transmitter includes companies that:
Answer: A
Explanation:
The FinCEN 2019 guidance clarifies that money transmitters include entities that exchange digital tokens or convertible virtual currencies as part of their business activities. This includes exchanges and platforms that transfer virtual currencies.
Providing infrastructure services (B), operating clearance systems solely among regulated institutions (C), or acting as payment processors for goods/services (D) without handling value transfer do not fall under the money transmitter definition per this guidance.
NEW QUESTION # 60
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