AML & KYC Policy

Anti-Money Laundering and Know Your Customer Compliance for Cloud Mining

Mining Platform Compliance

SafeMiner.Cloud is committed to preventing money laundering and terrorist financing activities through our cloud mining platform. We comply with all applicable international laws and regulations regarding anti-money laundering (AML), counter-terrorist financing (CTF), and know your customer (KYC) requirements.

Our Mining Commitment: We implement comprehensive measures to detect and prevent illicit activities while maintaining a secure, transparent mining environment for all our users.

Risk Assessment for Mining Operations

We conduct regular risk assessments to identify and mitigate potential money laundering risks specific to cloud mining operations:

Miner Risk Assessment

Continuous monitoring of user mining activities and transaction patterns to identify suspicious mining behavior.

Geographic Risk Monitoring

Enhanced due diligence for mining operations originating from high-risk jurisdictions and sanctioned regions.

Mining Transaction Risk

Advanced analysis of mining profit distributions and hashpower purchases to detect unusual patterns.

Miner Due Diligence Procedures

We implement appropriate due diligence measures for all mining platform users:

Simplified Due Diligence

For regular miners with standard hashpower contracts and routine mining operations, we maintain basic verification procedures focused on mining activity patterns.

Enhanced Due Diligence for Mining

Applied in cases of:

  • Large or unusual hashpower purchases exceeding standard thresholds
  • Mining operations from high-risk or sanctioned jurisdictions
  • Suspicious mining activity patterns or rapid profit withdrawal cycles
  • Politically exposed persons (PEPs) engaging in mining activities
  • Unusual mixing of mining profits with other transaction types

Mining Platform Note: While we don't require extensive KYC for regular mining users, we reserve the right to request additional verification when necessary to comply with AML regulations for mining operations.

Mining Transaction Monitoring

We employ sophisticated systems and manual reviews to monitor mining-related transactions:

Automated Mining Monitoring

  • Real-time mining profit distribution analysis
  • Pattern recognition for hashpower purchases
  • Threshold-based alerts for mining transactions
  • Automated screening against sanctions lists

Manual Mining Review

  • Regular mining account activity reviews
  • Suspicious mining pattern investigation
  • Case-by-case mining transaction assessment
  • Enhanced monitoring for high-value miners

Suspicious Mining Activity Reporting

We have comprehensive procedures for identifying and reporting suspicious mining activities:

  1. Detection: Our mining-specific systems flag potentially suspicious mining transactions
  2. Investigation: Dedicated compliance team investigates flagged mining activities
  3. Reporting: When required by law, we report to relevant financial intelligence units
  4. Action: Appropriate measures taken based on mining-specific investigation results
  5. Documentation: Comprehensive records maintained for regulatory compliance

Mining Record Keeping

We maintain comprehensive records as required by law for mining operations:

  • Mining transaction records for minimum required period
  • Miner identification and verification information
  • Suspicious mining activity reports and investigations
  • Training and compliance documentation for mining staff
  • Risk assessment records for mining operations

Employee Training for Mining Compliance

All relevant employees receive regular AML/CTF training specific to cloud mining operations:

  • Recognizing suspicious mining activities and patterns
  • Reporting procedures for mining-related concerns
  • Legal requirements specific to cryptocurrency mining
  • Best practices in mining platform compliance
  • Recent developments in mining regulations

Sanctions Compliance for Mining

We comply with all applicable international sanctions for our mining platform by:

  • Screening miners against global sanctions lists
  • Blocking mining operations from sanctioned jurisdictions
  • Regularly updating our mining compliance systems
  • Monitoring for sanctions list updates and changes
  • Implementing automated sanctions screening tools

Mining Platform Policy Review

This AML & KYC Policy for our mining platform is reviewed regularly and updated as needed to ensure compliance with changing regulations and industry best practices in cryptocurrency mining.

Transparency: We believe in transparent mining operations and will communicate significant policy changes to our mining community through appropriate channels.

Contact Mining Compliance

For questions about our AML & KYC policies or to report concerns about mining activities:

SafeMiner.Cloud Compliance Department
Email: compliance@safeminer.cloud
Telegram: @safeminer_support
Response Time: Within 48 hours for compliance inquiries

Mining Compliance Policy Updated: February 21, 2026

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