AML Policy
DipCoin Anti-Money Laundering (AML) Policy
DipCoin is committed to maintaining the highest standards of integrity, transparency, and regulatory alignment. As a decentralized exchange (DEX), we recognize the importance of strong anti-money laundering (AML) safeguards to prevent misuse of blockchain infrastructure.
This AML Policy outlines the principles and procedures implemented by DipCoin under applicable laws, international regulations, and industry best practices.
1. AML Commitment
DipCoin maintains a zero-tolerance policy toward money laundering, terrorist financing, and other illicit financial activity. Our goal is to enable a secure and responsible trading environment while respecting the permissionless nature of DeFi.
We implement a risk-based approach to assess and mitigate AML risks across user interactions, smart contracts, and listed assets.
2. Sanctions and Watchlist Screening
DipCoin integrates third-party blockchain analytics tools to screen wallet addresses and on-chain activity against:
OFAC (Office of Foreign Assets Control) sanctions lists
United Nations and European Union sanctions
Jurisdictions identified as high-risk by relevant authorities
Wallets associated with scams, darknet markets, ransomware, or other illicit conduct
Wallets or transactions flagged by these systems may be restricted from interacting with DipCoin’s smart contracts.
3. Transaction Monitoring and Risk Controls
DipCoin uses real-time on-chain monitoring and risk analytics to detect suspicious activity, such as:
Use of mixers or anonymizing protocols
Abnormal transaction patterns or bursts
Cross-chain bridge misuse
Links to phishing, exploits, or stolen funds
Such activity may result in restriction of access to DipCoin services, smart contract blocks, or delisting of involved assets.
4. Asset Risk Evaluation
All tokens and trading pairs undergo compliance-based screening before listing. Criteria include:
Transaction traceability
Historical association with illicit activity
Use of privacy-enhancing technologies
Availability of audits and project transparency.
Only assets officially verified by the Sui Vision team are eligible for listing on DipCoin, in order to prevent counterfeit or malicious tokens.
DipCoin does not support user-initiated listings; only assets officially verified and listed by the platform team are available for trading.
DipCoin may deny or revoke listings for assets that present elevated AML risks.
5. Regulatory Cooperation and Reporting
DipCoin is committed to cooperating with law enforcement agencies and regulators as required under applicable jurisdictional frameworks.
On-chain activities and smart contract usage may be recorded and analyzed.
Where credible risks are identified, reports may be shared with competent authorities.
6. Internal Controls and Oversight
DipCoin uses automated tools for wallet screening and risk scoring.
Compliance logic is embedded into smart contract interactions and backend systems.
Internal reviews and policy updates are conducted to respond to evolving risks and regulatory trends.
7. Continuous Improvement
The DeFi sector is dynamic. DipCoin will continue to:
Enhance AML safeguards with emerging tools
Adapt to new threats and technological developments
Support responsible innovation with a strong compliance infrastructure
By integrating these AML practices without compromising decentralization, DipCoin aims to deliver a secure and compliant trading experience within the evolving Web3 ecosystem.
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