ACAMS CCAS Question Answer
Under FATF guidance, “unhosted wallets” are:
Wallets managed by regulated exchanges.
Wallets where users control private keys directly.
Custodial wallets held by third parties.
Wallets with multi-sig security.
Unhosted wallets are self-custody wallets controlled directly by the user without third-party oversight, posing higher anonymity and AML risks.
TESTED 01 Jan 2026
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