AML and KYC Policy

Draft — pending legal review. Replace via /admin/content/legal/aml.

Smokoin is committed to preventing money laundering, terrorist financing, and financial crime.

Customer due diligence

• Anonymous tier: small trades under local-currency equivalent of the jurisdiction's small-value threshold.
• Phone-verified: raises daily limits; requires a working mobile number.
• ID-verified: highest limits; requires government-issued ID plus manual approval.

Monitoring

We monitor transactions for patterns consistent with structuring, layering, and sanctions evasion. Suspicious activity is reported to the appropriate authorities in line with local laws.

Sanctions screening

Payouts are not sent to persons or entities on applicable sanctions lists.

Record keeping

KYC documents and transaction records are retained for the period required by law.

Report concerns

If you believe an account is being misused, email compliance@smokoin.local.