Artifakt.tech Anti-Money Laundering (AML) Policy

Last Updated: 17 May 2025

This Anti-Money Laundering (AML) Policy outlines Artifakt.tech’s commitment to preventing the use of its platform for money laundering, terrorist financing, or other financial crimes. As a primary minting platform for NFTs and related digital assets, we recognize the potential risks and are committed to implementing controls and best practices in accordance with applicable laws and regulations.

Our Business

Artifakt.tech enables users to create and sell NFTs and digital assets. Artifakt operates as a minting platform, providing smart contract infrastructure and payment tools for creators and collectors.

Regulatory Compliance

Artifakt.tech adheres to applicable AML laws and guidance in jurisdictions where it operates. This includes, but is not limited to:

• The Financial Action Task Force (FATF) recommendations
• EU AML directives (where applicable)
• UK AML regulations (where applicable)
• US Bank Secrecy Act and FinCEN guidelines (where applicable)

Know Your Customer (KYC)

To reduce AML risk, Artifakt.tech may:

• Require identity verification for creators and/or buyers above certain thresholds
• Use third-party KYC providers to perform document and biometric checks
• Monitor wallet addresses associated with unusual or high-value activity

Verification may include:

• Government-issued photo ID
• Proof of address
• Wallet address ownership confirmation

Transaction Monitoring

We maintain automated and manual systems to detect suspicious behavior, including:

• Unusually large or frequent minting or transfers
• Use of privacy-enhancing cryptocurrencies or mixers

Suspicious activity may be escalated for review or reported to competent authorities where required.

Record Keeping

We retain relevant KYC, transaction, and investigative records for at least 5 years, or as required by applicable laws.

Risk-Based Approach

Artifakt.tech employs a risk-based approach to AML:

• Higher-risk users, jurisdictions, or transaction patterns may trigger enhanced due diligence (EDD)
• We may limit access or freeze accounts associated with elevated risk

Sanctions Screening

We screen users and wallets against international sanctions lists, including:

• OFAC SDN List (US)
• UK Sanctions List
• EU Sanctions List
• UN Sanctions Lists

Users or wallets found on these lists will be blocked from using the platform.

Employee Training

Staff involved in compliance or risk review are trained in AML best practices, including:

• Red flags of suspicious transactions
• Escalation procedures
• Regulatory obligations and updates

Policy Review

This AML policy will be reviewed at least annually and updated in response to legal, regulatory, or business changes.

Contact

For questions or to report suspicious activity:

Email: [email protected]

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This policy is subject to change at any time without notice.