Legal Framework
The X-AI program's legal framework is designed based on the laws and regulations of major jurisdictions around the world to ensure that the program operates in compliance with local legal requirements. We focus on the following key areas of legal compliance:
Securities Law Compliance: The issuance and distribution of XAI tokens strictly adheres to the securities laws and regulations of each country to ensure that the issuance and sale of tokens will not be considered as illegal securities activities.The X-AI Project follows the securities regulations of the target markets for pre-sales and public offerings, and applies for registration or exemptions where necessary.
Anti-Money Laundering (AML) and Know Your Customer (KYC) Compliance: In order to prevent money laundering and terrorist financing activities, the X-AI Project will strictly enforce AML and KYC policies. All participants will be required to go through an identity verification process before purchasing XAI tokens or participating in platform activities. We will work with a professional KYC provider to ensure the accuracy of user identities and the protection of privacy.
Data Protection and Privacy Law Compliance: The X-AI Project will comply with global data protection and privacy laws (e.g., the EU's GDPR) to ensure that user data is properly protected during collection, storage, and processing. We will implement advanced encryption technologies and data management measures to prevent unauthorized access and data leakage.
Tax Compliance: X-AI will ensure compliance with tax filings and payments in various jurisdictions in accordance with the tax laws of different countries. We will work with specialized tax advisors to ensure that all tax obligations associated with XAI Token transactions are met.
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