GEMtrust DAO Anti-Money Laundering (AML) and Know Your Customer (KYC) Policy

Last Updated 1 July 2025

At GEMtrust DAO, our unwavering commitment extends beyond technological innovation to include the highest standards of financial integrity and regulatory compliance. We are dedicated to actively combating money laundering, terrorist financing, and other forms of illicit financial activity that can undermine the trust and security of the digital asset ecosystem.

While GEM DiCom is meticulously classified as an 'Other Crypto-Asset' under the robust framework of the Markets in Crypto-Assets (MiCA) Regulation (Regulation (EU) 2023/1114) in Europe, and our primary role is that of a technology provider facilitating transparent asset association, we recognize our integral position within a broader, regulated financial environment. Our commitment to compliance is foundational to our operations.

To fulfill our obligations and uphold these stringent standards, we have established strategic collaborations with reputable, licensed third-party service providers. These partners are equipped with the necessary expertise and regulatory authorizations to manage crucial aspects of our compliance framework.

Specifically, any services involving the conversion of fiat currency (such as USD or EUR) into crypto-assets, which facilitates the acquisition of GEM DiCom, will be exclusively conducted by licensed fiat on/off-ramp providers. This ensures that every entry point for traditional currency into our ecosystem adheres to stringent regulatory requirements. This trusted third-party provider bears the direct responsibility for:

  • Performing mandatory Know Your Customer (KYC) checks on all users: This involves verifying your identity, collecting necessary documentation (such as government-issued IDs, proof of address), and conducting due diligence to confirm that you are who you claim to be.
  • Complying with all relevant Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) obligations: This includes continuous monitoring of transactions for suspicious patterns, identifying high-risk activities, and reporting any detected illicit financial movements to the appropriate regulatory authorities.
  • Maintaining robust record-keeping: Ensuring that all collected data and transaction histories are securely stored and accessible for regulatory audits, as required by law.

By choosing to engage with GEMtrust DAO and by utilizing any services that facilitate fiat-to-crypto conversions for the acquisition of GEM DiCom, you explicitly agree to undergo these essential identity verification processes. These procedures are conducted by our licensed third-party partners as a mandatory step to participate in the ecosystem. Your full cooperation in these processes is vital for maintaining a secure, transparent, and compliant environment for all participants.

It is important to note that failure to successfully complete these required KYC checks, or any involvement in activities deemed suspicious, will regrettably result in the immediate inability to access certain services, including the purchase or potential discretionary buyback of GEM DiCom. All personal data collected during these processes is handled with the utmost care and strictly in accordance with the provisions outlined in our comprehensive Privacy Policy, ensuring your data protection rights are respected at all times.

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