About your AML rules
• Illegal Service
• Mixing Service
• Fraudulent Exchange
• Darknet Marketplace
Also, if the user refuses to pass KYC, you automatically return the funds (minus the fee), regardless of the AML result?
https://kursov24.org/Rules
Thank you for your question! We are indeed registered and comply with all the necessary requirements to operate in the cryptocurrency exchange space. Ensuring user safety and adhering to regulatory standards are top priorities for us, which is why we follow strict Anti-Money Laundering (AML) policies.
Regarding mixing services, it's important to understand that while they may not be illegal per se, they are often associated with activities aimed at obscuring the origins of funds, some of which can be illicit. This has made them a subject of scrutiny by regulators and law enforcement. Therefore, we approach such transactions with extra caution to mitigate any risks for our platform and its users.
Our policies are designed to comply with international standards and protect the platform from potential involvement in illegal activities. This approach is consistent with industry practices for many cryptocurrency exchanges.
We are currently preparing a significant update to our policies and procedures. Our legal team is working on the details to ensure full compliance with all regulatory requirements. In the meantime, we follow our existing rules, including strict AML procedures, to meet our anti-money laundering obligations.
If the KYC process does not reveal any violations, the funds will be returned minus the 5% fee. If a user refuses to complete KYC, the refund will be issued minus a 10% fee, but this will depend on the results of our internal analysis. If serious risks are detected, we may delay the refund to take a more individualized approach to the situation.