COMPLIANCE STATEMENT
Regulatory Considerations
BitNet (BNC) operates within a rapidly evolving regulatory landscape. The BitNet team is committed to proactive compliance with applicable laws and regulations in relevant jurisdictions. We continuously monitor regulatory developments and adapt our protocols and operations accordingly to ensure lawful conduct and industry alignment.
Token Classification
The BNC token is intended to function as a utility token within the BitNet ecosystem. It facilitates participation in core network functions such as mining, staking, governance, and transaction processing.
BNC is not designed as a security or financial instrument and does not represent ownership, profit-sharing rights, or equity in any legal entity.
KYC/AML Compliance
To promote responsible adoption and mitigate misuse, BitNet may partner with third-party service providers or platforms that require Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures in accordance with international standards and local laws.
Jurisdictional Restrictions
The BitNet ecosystem is not intended for use in jurisdictions where participation would be considered unlawful or require regulatory registration.
Users are responsible for ensuring that accessing or using the BitNet protocol is permitted under the laws of their country of residence or citizenship.
No Investment Advice
This whitepaper is not intended to constitute investment advice, financial promotion, or solicitation to purchase any token or security.
All information is provided for educational and informational purposes only. Prospective participants should conduct independent research and consult qualified legal or financial advisors before engaging with the BitNet ecosystem.
Forward-Looking Statements
Some statements in this document may constitute forward-looking projections based on current expectations. These statements are subject to risks, uncertainties, and assumptions that could cause actual outcomes to differ materially. BitNet does not undertake to update such statements.
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