Pass Guaranteed Quiz 2026 Realistic Verified Free CCAS Exam Dumps [Q37-Q61] – IT Certification Exam Questions & Answers

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Pass Guaranteed Quiz 2026 Realistic Verified Free CCAS Exam Dumps

Free AML Certifications CCAS Ultimate Study Guide (Updated 102 Questions)

ACAMS CCAS Exam Syllabus Topics:

Topic	Details
Topic 1	AML Foundations for Cryptoasset and Blockchain: This section of the exam measures skills of Anti-Money Laundering (AML) Officers and Crypto Compliance Specialists. It covers foundational knowledge of AML principles tailored to the cryptoasset and blockchain environment, introducing the regulatory landscape, typologies of financial crime, and the evolving risks associated with cryptoassets.
Topic 2	Risk Management Programs for Cryptoasset and Blockchain: This section measures expertise of Compliance Managers and Risk Officers in developing and implementing risk management frameworks specifically for the crypto sector. It includes procedures for assessing crypto-related financial crime risks, designing controls, monitoring compliance, and adapting to emerging threats within the cryptoasset ecosystem.
Topic 3	Cryptoasset and Blockchain: This domain targets Blockchain Analysts and Crypto Risk Managers. It focuses on understanding cryptoasset technologies, blockchain fundamentals, and their operational characteristics. Candidates learn about cryptoasset transaction flows, wallets, exchanges, smart contracts, and the challenges these present to financial crime prevention.

NEW QUESTION 37
What Is the purpose of applying learning (ML) or artificial Intelligence (Al) within a compliance framework? (Select two.)

To reduce the requirement for risk assessment

To enhance efficiency

To reduce headcount

To focus skilled resource on higher value activity

NEW QUESTION 38
A compliance officer Is assigned a group of customers. Which action should the officer fake to determine the appropriate level of customer due diligence apply to each customer?

Assess only the money laundering risks posed by customer location

Examine what Threshold for occasional transactions can be set for each customer.

Implement the same COD measures for each customer.

Take into account all risk variables such as me purpose of the account or relationship

NEW QUESTION 39
According to the Financial Crimes Enforcement Network’s Guidance 2019-G0001 pertaining to convertible virtual currencies, a money transmitter includes companies that:

Exchange digital tokens.

Provide the delivery, communication, or network access services to only support money transmission services.

Operate a clearance and settlement system or otherwise act as intermediaries solely between Bank Secrecy Act-regulated institutions.

Act as payment processors to facilitate the purchase of, or payment of a bill for, a good or service through a clearance and settlement system.

NEW QUESTION 40
What three classifications of assets does the Markets in Crypto-Assets Regulation (commonly known as MICA) apply to? (Select Three.)

Meme coins

Electronic money tokens

Privacy coins

Cryptoassets

Asset-referenced tokens

NEW QUESTION 41
Which is an accurate description of a Decentralized Autonomous Organization (DAO)?

DAOs are decentralized blockchain organizations that require managerial activity by humans.

DAOs are organizational structures through which how a protocol will operate is determined by a group of actors.

DAOs are cryptocurrency funds in which the board of directors submit their votes using blockchain technology.

DAOs are decentralized blockchain technologies that use traditional contracts instead of smart contracts.

NEW QUESTION 42
Which blockchain feature ensures that once a block is added, it cannot be altered without network consensus?

Consensus algorithm

Hash immutability

Tokenization

Peer-to-peer networking

NEW QUESTION 43
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?

Vendor risk management

IT security risk management

Operational risk management

Model risk management

NEW QUESTION 44
An exchange uses blockchain analytics to identify high-risk wallet clusters. This is an example of:

Transaction screening

KYC

On-chain forensic analysis

Custodial control

NEW QUESTION 45
In cryptoasset AML programs, “ongoing monitoring” means:

Checking customer activity only when onboarding

Continuous review of transactions to detect anomalies

Only screening customers for sanctions once

Freezing all suspicious accounts

NEW QUESTION 46
Which type of blockchain is jointly operated by multiple pre-approved organizations?

Private

Public

Consortium

Hybrid

NEW QUESTION 47
Which blockchain type is accessible only to a single organization?

Public

Private

Consortium

Hybrid

NEW QUESTION 48
A politically exposed person (PEP) opens a crypto account. What is the required action?

Treat as standard customer.

Apply EDD and senior management approval.

Decline onboarding.

Request a travel rule exemption.

NEW QUESTION 49
A client at a virtual asset service provider (VASP) opened a wallet four weeks earlier with 201,000 USD. The client received a Bitcoin transfer for a total of 565,400 USD. Which is the strongest indication of an illicit source of funds for the client?

Two days after opening the wallet, the client transfers 199,000 USD to a third party.

The client declared a total wealth of 600,000 USD at account opening.

It was not possible to trace the client’s IP address.

Incoming funds moved through five intermediary wallets before being transferred from a foreign VASP.

NEW QUESTION 50
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. Which is the main red flag here?

Virtual asset service providers outside of the EU are being relied upon.

Funds are generated by the sale of coupons which are connected to a physical product.

There is a failure to cooperate with the source of funds requests.

An IP address is being used that is not previously connected to that customer.

NEW QUESTION 51
When enhances international cooperation with regard to law enforcement investigations of virtual asset (VA) crimes?

Join Financial Action Task Force to access the network of jurisdictions

Establish a new Independent state agency for VAs.

Develop smart contracts for information sharing.

Designate a financial Intelligence unit

NEW QUESTION 52
A customer sends funds to multiple newly created wallets before cashing out via an exchange. This is an example of:

Structuring

Chain hopping

Layering

Dusting

NEW QUESTION 53
Which FATF Recommendation specifically addresses virtual assets and VASPs?

R.12

R.15

R.20

R.22

NEW QUESTION 54
What is “hash rate” in blockchain?

The speed at which wallets are created.

The computational power used for mining.

The transaction fee rate.

The block size limit.

NEW QUESTION 55
What is indirect exposure in regards to blockchain analytics transaction monitoring?

The cryptoassets are absolutely linked to a specific user and identity on the blockchain.

The cryptoassets have a connection to risky activity via another crypto address or addresses.

The cryptoassets went through a mixing protocol to conceal source of funds.

The fiat currency is not immediately linked to a known bank account.

NEW QUESTION 56
Which of the following are functions of cryptoasset mining? (Select Two.)

Generating new cryptoassets

Ensuring the security of the network

Optimizing and improving the functionality of the network

Validating transactions on the blockchain

NEW QUESTION 57
What is the intention of the Financial Action Task Force’s (FATF’s) Travel Rule?

To enhance customer due diligence (CDD) procedures to ensure high quality data

To slow down cryptoasset transactions to allow law enforcement to intervene

To mitigate money laundering and terrorist financing (ML/TF) risk by increasing the ability to follow funds via different financial institutions

NEW QUESTION 58
Which key differences between the Bitcoin and Ethereum blockchains must investigators consider when investigating flows of funds on each respective chain? (Select Two.)

Transaction cost

Variety of applications, assets, and networks

Address length

Ledger model

NEW QUESTION 59
Which are essential components of an AML program for Customer Due Diligence (CDD)? (Select Three.)

Requirement for training of staff responsible for gathering CDD information

Requirement to keep all information necessary to maintain a customer’s risk profile

Requirement to maintain an accurate and complete list of virtual assets exposed to high risk of misuse

Procedures to annually review all clients

Procedures to ensure that high-risk customers’ IP addresses are subject to ongoing monitoring

Procedures to address circumstances where the true identity of a customer is questionable

NEW QUESTION 60
Which privacy-enhancing feature hides both the sender and receiver in a transaction?

Ring signatures

Multi-sig

Proof-of-Authority

Token swap

NEW QUESTION 61
Which token type should be considered as carrying the highest risk when assessing the AML risks related to the customer’s source of funds?

Privacy

Stablecoin

Platform

Security