AML KYC Policy

BloxBay.gg is committed to maintaining the highest standards of compliance with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations to prevent illegal activities such as money laundering and terrorist financing. This policy outlines our procedures and responsibilities to ensure compliance.


1. Objective

To establish a framework that detects and prevents any activity related to money laundering or terrorist financing, ensuring compliance with applicable laws and regulations.


2. User Information Collection

We collect the following user information during registration:

  - Username: Required

  - Email Address: Required

  - Password: Required

  - Mobile Number: Optional

Note: The mobile number is collected to enhance account security and facilitate communication.


3. User Verification

Given the limited information collected, our user verification process includes:


  - Email Verification: Users must verify their email address during registration.

  - Mobile Verification: If a mobile number is provided, users may be asked to verify it.


4. Transaction Monitoring

We monitor transactions to identify unusual or suspicious activities, including:


  - Transaction Limits: Implementing caps on transaction amounts and frequencies.

  - Pattern Analysis: Detecting irregular transaction patterns.


5. Reporting Obligations

Any suspicious activity identified will be reported to the appropriate authorities in compliance with legal requirements.


6. Record Keeping

We maintain records of user information and transactions for a minimum period as required by law.


7. Training and Awareness

Our staff undergo regular training to stay informed about AML and KYC obligations and to recognize potential suspicious activities.


8. Policy Review

This policy is reviewed periodically to ensure its effectiveness and compliance with current laws and regulations.

By adhering to this AML KYC Policy, BloxBay.gg demonstrates its dedication to preventing financial crimes and protecting the integrity of our platform.