CUMPLIMIENTO NORMATIVO DE CRYPTOKMBIO

Personal Data Protection and Transparency

At CryptoKmbio DAO Platform LLC, personal data protection and transparency are fundamental. We comply with international regulations such as GDPR (EU), CCPA (California, USA), LGPD (Brazil), PIPEDA (Canada), PDPA (Singapore, Thailand, Malaysia), PIPL (China), APPI (Japan), and the Council of Europe's Convention 108, ensuring informed consent, the right to access, rectification, portability, and data deletion. Additionally, we apply strict security measures and breach notification protocols in compliance with applicable regulations. Our commitment is to protect privacy and build trust globally.

Our commitment is based on ensuring that all user, employee, client, and stakeholder information collection, storage, and processing is conducted transparently, fairly, and securely.

We strictly adhere to the key principles of GDPR, such as obtaining explicit consent, the right to access, rectification, portability, and deletion of personal data, guaranteeing transparency in its processing. Furthermore, we comply with applicable international regulations, ensuring that data is used only for legitimate and explicit purposes.

We also provide users with full control over their rights, including access, rectification, portability, and deletion of their personal data, reflecting our dedication to privacy protection in every interaction within our blockchain ecosystem.

Know Your Customer (KYC) Policy

Our Know Your Customer (KYC) policy ensures that users of our platform operate in a secure, transparent environment free from illicit activities such as money laundering and terrorism financing.

What is KYC?

KYC is a standard procedure that allows us to verify user identities and ensure compliance with legal and regulatory requirements. This process protects both users and our platform from potential financial and legal risks.

KYC Verification Requirements

Account Registration: Users must provide:

  • A valid email address.
  • An active mobile phone number.
  • Mandatory documentation:
    • Valid proof of identity (passport, national ID, or driver's license).
    • Proof of address (recent utility bill or bank statement).
    • Proof of income (pay slips, bank statements, tax returns, etc.).

Validation Process:

  • AML (Anti-Money Laundering) Questionnaire.
  • Documents must be clear and legible.
  • Information must match the data provided during registration.
  • Only individuals over 18 years old can open an account.

How does the KYC process work?

  1. Document Upload: Users upload the required documents through the CryptoKmbio platform.
  2. Review and Verification: Our team reviews and validates the submitted data, ensuring authenticity and accuracy.
  3. Account Activation: Once verified, users gain full access to platform services.

KYC Standards and Objectives

  • Risk Prevention: Identify and prevent the use of the platform for illicit activities.
  • Prudent Management: Ensure a transparent relationship with our users.
  • Approval Subject to Review: The verification and approval process is based on a thorough risk analysis, and approval is subject to internal criteria that vary by jurisdiction and applicable regulations. The exchange may decide to reject or accept an account depending on the information provided.

To ensure compliance with international anti-money laundering (AML) and counter-terrorism financing (CFT) regulations, CryptoKmbio does not allow account creation or KYC verification for users residing in restricted jurisdictions.

Commitment to Privacy

At CryptoKmbio, user privacy is a priority. The information and documentation provided during the KYC process are stored and protected in accordance with our Privacy Policy and in strict compliance with applicable regulations.

We retain personal data only for the time necessary to fulfill the purposes set forth in this policy unless a longer retention period is required by law.

Actions for Non-Compliance

We reserve the right to:

  • Reject or cancel registrations that do not meet KYC standards and other applicable regulations.
  • Terminate accounts with false or incomplete documentation.
  • Report suspicious activities to relevant authorities.

Benefits of KYC

  • Enhanced security for users.
  • Regulatory compliance that strengthens trust in the platform.
  • Reduced risk of fraudulent activities.

CryptoKmbio is committed to maintaining the highest standards of security and transparency. Our KYC process is an essential part of our mission to provide a reliable and secure cryptocurrency exchange experience for everyone.

Anti-Money Laundering (AML) Policy

We implement robust policies and procedures to prevent money laundering and other illicit financial activities. Our comprehensive risk-based AML approach ensures a secure environment for our users and the integrity of our platform.

AML Risk Classification

We conduct thorough evaluations of our clients to categorize risk levels and apply appropriate due diligence measures:

1. Low Risk (Level I)

Applies to individuals and entities whose identities and sources of wealth are easily identifiable and whose transactions align with their known profile. Examples include:

  • Salaried individuals with verifiable income sources.

2. Medium Risk (Level II)

Includes clients with a higher potential risk due to their history, location, or activity profile. Examples:

  • Individuals engaged in business or commercial activities in areas with a history of illicit activity.
  • Clients whose profiles raise concerns based on the company's assessment.

3. High Risk (Level III)

Requires enhanced due diligence for clients considered high risk. Examples include:

  • Non-resident clients.
  • High-net-worth individuals.
  • Charities, NGOs, and entities receiving donations.
  • Companies with complex or family-owned structures.
  • Firms with inactive partners ("sleeping partners").
  • Foreign politically exposed persons (PEPs).
  • Clients with a questionable reputation based on publicly available information.

Enhanced Due Diligence: Clients classified as high-risk are subject to more detailed scrutiny, including thorough verification of their sources of funds.

Continuous Monitoring: Transactions are monitored to identify unusual or suspicious activities, which are reported to the appropriate authorities when necessary.

Regulatory Compliance: We strictly adhere to local and international regulations related to money laundering prevention.

Control and Monitoring Measures

  • Enhanced Due Diligence: Clients classified as high-risk undergo thorough scrutiny, including detailed verification of their sources of funds.
  • Continuous Monitoring: Transactions are supervised to detect unusual or suspicious activities and reported to the relevant authorities when applicable.
  • Regulatory Compliance: We strictly follow local and international anti-money laundering regulations.

Commitment to Transparency

CryptoKmbio employs advanced systems and a dedicated team to ensure compliance with AML policies. Our goal is to protect user trust while adhering to global financial security regulations.

Benefits of our AML Policy

  • Protection against illicit activities.
  • Promotion of a secure and trustworthy trading environment.
  • Alignment with international best practices.
  • Compliance with global standards that reinforce the platform's reputation.