Introduction

DIGI7 is committed to maintaining a secure and compliant environment for its users and the broader cryptocurrency ecosystem. As part of our commitment to ensuring compliance with global regulations and preventing illicit activities, we have implemented this Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT) policy.

This policy is designed to prevent the use of the DIGI7 token for money laundering, terrorist financing, or other illegal activities. Our goal is to protect the integrity of the DIGI7 ecosystem and ensure compliance with international laws and regulatory standards.

Purpose

The primary objectives of this policy are to:

• • Prevent money laundering (ML) and terrorist financing (TF).
• • Ensure that all transactions conducted within the DIGI7 ecosystem are compliant with international AML/CFT regulations.
• • Safeguard the integrity and reputation of the DIGI7 platform by taking proactive steps against financial crimes.

Customer Due Diligence (CDD)

As part of our AML/CFT compliance efforts, we require all users to comply with our Know Your Customer (KYC) procedures. This process ensures that we can identify and verify the identities of individuals and entities engaging with the DIGI7 platform.

• • KYC Requirements: Users will need to submit valid identification documents such as passports, driver’s licenses, or national ID cards.
• • Ongoing Monitoring: We will continually monitor transactions and account activities for suspicious patterns or red flags.
• • Risk-Based Approach: Users engaging in large or unusual transactions may be subject to additional verification procedures.

Transaction Monitoring

DIGI7 will implement transaction monitoring tools to detect and investigate potentially suspicious activities. This includes:

• • Suspicious Transactions: Any transaction that appears unusual, inconsistent with a user’s typical behavior, or involves high-risk jurisdictions will be flagged.
• • Ongoing Surveillance Continuous monitoring of all transactions for potential money laundering or terrorist financing activities.
• • Investigation: If suspicious activities are detected, the transactions will be thoroughly investigated, and necessary actions will be taken.

Reporting Suspicious Activities

If any suspicious activity is detected, it will be reported to the relevant authorities in compliance with local regulations. This may include:

• • Filing Suspicious Activity Reports (SARs) with relevant authorities as required by law.
• • Cooperation with Authorities: DIGI7 will fully cooperate with law enforcement agencies and regulators to prevent illicit activities and ensure compliance with AML/CFT regulations.

Prohibited Activities

DIGI7 prohibits the use of its platform for any of the following activities:

• • Money laundering or the concealment of criminal proceeds.
• • Financing or supporting terrorist organizations or activities.
• • Fraudulent activities, including identity theft, fake documents, and cybercrime.
• • Transactions involving illicit goods or services.

Risk-Based Approach

We will adopt a risk-based approach to AML/CFT compliance by evaluating the risks associated with each user, transaction, and jurisdiction. High-risk users or transactions will be subject to enhanced due diligence (EDD) measures to mitigate potential risks.

Jurisdictional Compliance

DIGI7 is committed to adhering to AML/CFT regulations across various jurisdictions. We will adjust our practices to comply with local and international AML/CFT regulations where we operate.

Training & Awareness

DIGI7 will provide ongoing training for its team to ensure that all employees are aware of and understand AML/CFT policies and procedures. This will help us maintain a culture of compliance and equip our team with the knowledge to identify suspicious activities effectively.

Data Privacy & Confidentiality

DIGI7 will handle all user information in accordance with privacy laws and will not disclose customer information except as required for compliance with AML/CFT regulations or as mandated by law. All collected KYC information will be securely stored and protected.

Compliance with Global Standards

DIGI7 is committed to complying with the Financial Action Task Force (FATF) recommendations, as well as other international AML/CFT standards, including:

• • EU 5th Anti-Money Laundering Directive (AMLD5)
• • USA PATRIOT Act
• • FATF Recommendations on Digital Assets

Policy Review & Updates

This policy will be reviewed periodically and updated as necessary to ensure that it remains in line with evolving regulatory requirements and industry best practices. Any updates will be communicated to the DIGI7 community, and users are expected to comply with the most recent version of this policy.