πLegal and Compliance
Last updated
Last updated
ActiveX is committed to maintaining the highest standards of legal and regulatory compliance as we operate within the emerging landscape of blockchain and digital health technology. We prioritize transparency, user protection, and adherence to global regulatory requirements, ensuring a safe and reliable platform for all participants. Our approach to legal and compliance encompasses several key areas:
Data Privacy and Security: ActiveX complies with international data protection regulations, including GDPR and CCPA, to safeguard users' personal information. Our platform employs end-to-end encryption, secure data storage, and anonymization practices to protect user data from unauthorized access or misuse.
Token Compliance: ActiveX operates within the bounds of current cryptocurrency regulations. Our dual-token system adheres to relevant regulatory frameworks, distinguishing between utility and governance tokens to prevent violations related to securities laws. We work with legal experts to ensure that our token issuance and transactions are structured in a compliant manner.
KYC and AML Procedures: To prevent fraud and money laundering, ActiveX enforces Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols. These measures verify the identity of users and monitor transactions, aligning our platform with financial regulations and maintaining the integrity of our ecosystem.
NFT and Intellectual Property Compliance: The NFTs issued by ActiveX are designed to enhance user experience without violating intellectual property rights or promoting unregulated investment products. We work closely with legal advisors to develop NFTs that comply with existing regulations around digital assets and collectibles.
Transparency in Terms and Conditions: ActiveX provides clear, accessible terms of use and privacy policies, allowing users to make informed decisions about their participation on the platform. We are committed to transparency regarding token usage, rewards, and all platform functionalities, ensuring users understand their rights and responsibilities.
Tax Compliance and Reporting: ActiveX actively monitors tax obligations for users in various jurisdictions, providing them with resources and guidance to meet local tax requirements on earned tokens and rewards.
Through these initiatives, ActiveX strives to offer a compliant, secure, and transparent environment where users can engage confidently in our move-to-earn ecosystem. We remain proactive in adapting to evolving regulatory standards and are dedicated to upholding our responsibility to users, partners, and the broader community.