💿AML/KYC

R3T Global UAB is registered in the trade register of Lithuania with registration number 306032680 and holds a license for virtual currencies, ensuring that it operates under the laws and regulations of the country.

In summary, the AML/KYC framework of the RET platform is designed to provide an added layer of security and protection, while maintaining compliance with all relevant regulations. This allows the platform to operate with transparency and integrity, providing users with peace of mind and confidence in their investments.

Anti-Money Laundering (AML) refers to a set of laws, regulations, and procedures designed to prevent and detect the generation, movement, and use of illegal funds. The purpose of AML regulations is to protect the integrity of the financial system and to prevent its use for criminal activities, such as money laundering, terrorism financing, and fraud.

Know Your Customer (KYC) is a due diligence process that financial institutions, such as R3T Global UAB, must implement to identify and verify the identity of their customers. This process helps to ensure that customers are who they claim to be and that they are not involved in any illegal activities.

KYC is an important component of the AML framework and is critical for maintaining the integrity of the financial system. By verifying the identity of its customers, R3T Global UAB is able to ensure that its platform is not being used for illegal purposes and that it is in compliance with relevant regulations and standards.

In conclusion, the AML/KYC framework is a crucial aspect of the RET platform and helps to ensure that it operates in a secure, trustworthy, and transparent manner. By adhering to these regulations, RET is committed to providing a safe and secure platform for its users and to promoting the stability and integrity of the financial system.