LEGAL & COMPLIANCE
1. CoreXChain Legal Perspective
CoreXChain is developed with a steadfast orientation toward:
Legal Compliance – Transparency – Long-term Sustainability
CoreXChain does not aim to replace or confront existing legal systems. Instead, it strives to:
Operate in alignment with regional laws and regulations.
Promote the application of Blockchain and Crypto in a lawful and controlled manner.
Mitigate legal risks for enterprises, partners, and users.
2. Legal Jurisdiction and Scope
Due to the global nature of Blockchain, CoreXChain operates within a multi-regional legal environment, including but not limited to:
Asia-Pacific
Europe
North America
Emerging Markets
CoreXChain commits to continuously monitoring and updating legal regulations concerning Blockchain, Crypto, and digital payments, adjusting its operational model to fit local laws when necessary.
3. KYC & AML Compliance
For services related to enterprises and payments, CoreXChain implements:
KYC (Know Your Customer)
AML (Anti-Money Laundering)
Scope of Application:
E-commerce partners.
Enterprises integrating payment gateways.
Financial services or fiat on/off-ramp providers.
The KYC/AML mechanisms are deployed to align with local regulations while optimizing user experience and protecting personal privacy.
4. Privacy & Data Protection
CoreXChain prioritizes privacy and user data protection:
No unnecessary personal data is stored directly on the Blockchain.
A hybrid on-chain & off-chain data storage model is applied.
Compliance with data protection standards such as GDPR (EU) where applicable.
The CoreXChain Blockchain only records essential transaction data and technical information for verification and reconciliation purposes.
5. Token Classification & Legal Status of CORX
The CORX token is designed as a Utility Token within the CoreXChain ecosystem, used for transaction fees, staking, network security, and platform services.
CoreXChain does not position CORX as:
A security.
A traditional financial investment instrument.
However, as token classification varies by jurisdiction, CoreXChain commits to consulting professional legal advisors and adjusting the token issuance and usage model as required.
6. Responsibilities of Users & Partners
Users and partners participating in the ecosystem must:
Comply with the laws of their country/region of residence.
Take responsibility for their activities involving Crypto and Blockchain.
Understand the risks associated with digital assets.
CoreXChain provides transparent information, clear risk warnings, and specific terms of use and compliance policies.
7. Legal Governance & Operational Structure
CoreXChain is structured to deploy:
Suitable legal entities in strategic regions.
Transparent governance models.
Clear separation between the Technology Platform, Business Operations, and Integration Partners.
This model minimizes centralized legal risks and enhances the ability to collaborate with global enterprises and financial institutions.
8. Risk Management & Continuous Compliance
CoreXChain applies periodic risk assessment processes, internal compliance checks, and policy updates in response to legislative changes. This ensures long-term trust from partners and the community while enabling lawful global expansion.
9. Disclaimer
This Whitepaper:
Is not an invitation to invest.
Does not constitute legal, financial, or investment advice.
Participants are urged to conduct their own risk assessments and consult with legal and financial experts as needed.
10. Summary
Legal and compliance frameworks are the foundation for the sustainable development of CoreXChain. By prioritizing transparency, the project aims for:
CoreXChain – Building a Blockchain platform that is not only technologically advanced but legally robust.
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