> For the complete documentation index, see [llms.txt](https://whitepaper.bc.game/bc-white-paper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://whitepaper.bc.game/bc-white-paper/appendix/aml-policy.md). # AML policy #### **Company Business Model** BC. GAME is operated by BlockDance B.V. (Commercial register of Curaçao no.158182, Emancipatie Boulevard Dominico F. "Don" Martina 31, Curaçao) under a sublicense CIL pursuant to Master gaming License #5536/JAZ.Company Policy Statement. BlockDance B.V. falls within the scope of the AML obligations according to Curacao legislations. Therefore, the senior management has implemented systems and procedures that meet the standards set forth by relevant AML legislation in Curacao. #### **Definitions ML** Money Laundering: The process of making illegally gained proceeds appear legal. This process is generally broken down into three steps: placement, layering, and integration. Placement: The process of placing unlawful proceeds into traditional financial institutions, through deposits or other avenues. Layering: The process of separating proceeds of criminal activity from their origin by layers of complex financial transactions, such as converting cash into traveler’s checks, money orders, wire transfers, letters of credit, stocks, bonds, or purchasing assets. Integration: Using legitimate transactions to disguise the illicit proceeds, allowing the laundered funds to be distributed back to the criminal; integrating the now clean money back into normal use. #### **AML (Anti-Money Laundering) policy** BlockDance B.V. is aware that offering services related to online gaming pose a risk for money laundering and terrorist financing. To identify, prevent, and limit the risks of money laundering and terrorist financing. BlockDance B.V. implemented measures, processes, and internal controls into its daily business operations, which consider the nature of the BlockDance B.V.’s clients and services carried out by BlockDance B.V. With these measures, processes, and internal controls in place BlockDance B.V. meets all legal requirements related to measures preventing money laundering and terrorist financing, as required by applicable Curacao legislations. BlockDance B.V. has prepared AML Policy regarding the prevention of money laundering to prove its commitment for detection, prevention, and reporting to national authorities of all attempts of using BlockDance B.V.’s services for any kind of transaction which would meet the statutory definition of money laundering and/or terrorist financing, or which presents any other form of illegal financial transactions. AML Policy is modified and upgraded by changing legislation and good practice in the industry. The content of the AML Policy covers: * the internal organization of processes related to prevention of money laundering; * due diligence process (also known as “Know your customer or KYC”) * money laundering risk assessment; * non-eligible and eligible categories of clients; * enhanced due diligence measures; * reporting obligations (towards competent authorities). In order to comply with Anti-Money Laundering (AML) procedures, we require a 1x mandatory wager on all deposits before initiating a withdrawal request. Failure to meet this requirement may result in restrictions or denial of withdrawal until it is fulfilled. Once the one-time turnover requirement is met, users can request withdrawals based on the profit earned from their deposit. For instance, if User A deposits $100, they must engage in $100 worth of wagers to initiate a withdrawal. If User A subsequently generates a profit of $58 from this 1x wagering activity, the accurate withdrawal amount for User A is $158. Users can participate in additional wagering activities to accumulate further rewards. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://whitepaper.bc.game/bc-white-paper/appendix/aml-policy.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.