In accordance with the requirements of anti-money laundering laws and regulations, we have formulated a "Money Laundering Prevention" policy. This policy applies to all participants in all products and services provided by Goldcoin . No one may intentionally violate this policy, otherwise they will not be able to use our services. Goldcoin will actively cooperate with regulatory requirements to combat money laundering activities through customer identification, suspicious activity reporting, customer identity information and transaction record keeping systems, and provide customers with safe and reliable services.

1. What is money laundering?

Money laundering is an act of legalizing illegal income, which mainly refers to covering up and concealing the source and nature of illegal income through various means to make it legal. Money laundering is a serious economic crime that not only undermines the orderly competition of the market economy, but also involves drug trafficking, smuggling, terrorism, corruption, tax evasion, etc. It poses a serious threat to a country's political stability, social stability, economic security, and the security of the international political and economic system.

2. Anti-money laundering regulatory procedures

Combating money laundering and prohibiting the financing of terrorism are the core requirements of modern society to maintain economic order and ensure fair competition. The Anti-Money Laundering Law and the Anti-Terrorist Financing Law have made clear requirements for anti-money laundering supervision. Goldcoin is obliged to comply with the Anti-Money Laundering Law and the Anti-Terrorist Financing Law , combat money laundering activities by verifying customer identity, suspicious activity reporting, customer identity information and transaction record keeping systems, and assist government agencies and financial institutions in combating money laundering activities.

2.1 Customer Identity Verification Procedure

In order to comply with the relevant laws on customer identification, you will be professionally monitored during the registration and various non-trading operations.

In order to identify our customers, Goldcoin requires you to provide personal information and takes steps to verify the accuracy of the information through our authentication system.

2.2 Large Suspicious Transaction Reporting System

If any abnormal transaction that obviously lacks economic or legal purpose occurs during the transaction process, we will promptly report it to the anti-money laundering administrative department as a clue to discover and track down illegal and criminal activities.

2.3 Customer identity information and transaction record keeping system

In accordance with the policy requirements of anti-money laundering and anti-terrorist financing, we will take necessary measures to preserve customer identity information and transaction information for a certain period of time. We will preserve your identity information and transaction information for a period of time after the transaction is completed.

3. Protecting customer information during the anti-money laundering process

In the process of preventing money laundering, we will process your identity and transaction information we collect in accordance with our Privacy Policy. Our decisions are made to comply with the Anti-Money Laundering and Anti-Terrorism Financing Laws, not because we suspect you of criminal behavior. Therefore, your cooperation and understanding of these measures are necessary to effectively combat money laundering and terrorist financing.