This policy outlines the measures our platform takes to prevent money laundering and the financing of terrorism. It ensures compliance with legal regulations and protects our platform from being used for illegal activities.
We assess the risk of money laundering and terrorism financing associated with our users and their activities. Higher-risk users or transactions may be subject to more stringent checks.
We prioritize monitoring and verification for users who hold significant assets on-chain or engage in higher-risk activities.
See our Know Your Customer (KYC) Policy
We continuously monitor all user accounts and transactions for suspicious activity. This includes monitoring the value of assets held on-chain and any unusual patterns or behaviors.
If suspicious activity is detected, we may escalate the case for further investigation and report it to the relevant authorities.
Any transaction or behavior that appears suspicious or unusual is reported to the relevant financial intelligence unit (FIU) or regulatory authority.
All reports are handled confidentially, and we do not disclose that a report has been made to the user in question.
We maintain detailed records of all transactions, user information, and any reports of suspicious activity for a minimum of 5 years.
These records are securely stored and can be accessed by regulatory authorities if required.
All employees involved in user verification, transaction monitoring, and customer service are trained on AML and CFT procedures.
Regular training sessions are conducted to keep employees informed of the latest regulations and best practices.
We cooperate fully with law enforcement and regulatory authorities in their efforts to combat money laundering and terrorism financing.
We respond promptly to requests for information and provide full transparency in our operations.
Our AML and CFT policies are regularly reviewed and updated to ensure they comply with the latest regulations and industry standards.
We continuously assess the effectiveness of our policies and procedures, making improvements as necessary.
Compliance: Users must comply with all AML and CFT requirements and provide accurate information during the KYC process.
Transparency: Users are expected to engage in transactions that are transparent and align with the information provided during their KYC verification.