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Anti-Money Laundering Certificate Practice Test
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Question Number 3
What is e-money?
A prepaid means of payment that can be used to make payments to multiple persons, where the persons are distinct legal or natural entities.
A government-issued digital currency.
A type of virtual asset used for investment.
E-money is a prepaid means of payment that can be used to make payments to multiple persons, where the persons are distinct legal or natural entities; it can be online or card-based.
✔ Correct Answer:
E-money is a prepaid means of payment that can be used to make payments to multiple persons, where the persons are distinct legal or natural entities; it can be online or card-based.
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