Anti-Money Laundering Policy

1. Introduction

KYC Free Coins is committed to preventing money laundering and any activity that facilitates money laundering or funding of terrorist or criminal activities. While we maintain a no-KYC policy for basic accounts, we implement robust measures to detect and prevent financial crimes.

2. Our Commitment

We are dedicated to:

• Preventing the use of our platform for money laundering
• Implementing effective AML controls
• Maintaining transparency in transactions
• Cooperating with law enforcement agencies
• Protecting our users and platform integrity

3. AML Framework

3.1 Core Components

• Risk-based approach to monitoring
• Automated transaction screening
• Blockchain analysis tools
• Suspicious activity detection
• Regular policy reviews and updates

3.2 Prohibited Activities

• Money laundering and terrorist financing
• Transactions with sanctioned countries/entities
• Structuring transactions to evade reporting
• Use of stolen or fraudulent funds
• Operating as an unlicensed money transmitter

4. Risk Assessment

Our risk assessment framework includes:

• Transaction pattern analysis
• Geographic risk evaluation
• Behavioral analytics
• Wallet address screening
• Volume-based risk scoring

5. Account Verification

5.1 Basic Accounts

• Email verification required
• $100,000 annual withdrawal limit
• Transaction monitoring applied
• Risk-based enhanced due diligence

5.2 Pro Accounts

• Government-issued ID verification
• Phone number verification
• Proof of address (where required)
• Unlimited withdrawal limits
• Enhanced monitoring measures

6. Transaction Monitoring

Our monitoring system includes:

• Real-time transaction screening
• Pattern recognition algorithms
• Blockchain analytics integration
• Automated flagging system
• Manual review processes

7. Suspicious Activity Reporting

We maintain procedures for:

• Identifying suspicious activities
• Internal reporting mechanisms
• Regulatory reporting requirements
• Law enforcement cooperation
• Confidentiality maintenance

8. Regulatory Compliance

We comply with:

• International AML standards
• Local regulatory requirements
• FATF recommendations
• Sanctions programs
• Industry best practices

9. Staff Training

Our training program includes:

• Regular AML awareness sessions
• Updates on regulatory changes
• Suspicious activity recognition
• Reporting procedures
• Compliance responsibilities

10. Record Keeping

We maintain records of:

• Transaction histories
• Account verification documents
• Suspicious activity reports
• Training records
• Policy updates and reviews

All records are kept for a minimum of 5 years or as required by applicable laws.

11. Policy Updates

This policy is reviewed and updated:

• Annually at minimum
• Following regulatory changes
• After risk assessment updates
• In response to emerging threats

12. Contact Information

For AML-related inquiries or reports: