AML / KYC Statement

1. Introduction

This Anti-Money Laundering (AML) and Know Your Customer (KYC) Statement explains the measures taken by FlashMint, operated by 99PERCENT VIETNAM COMPANY LIMITED, to prevent money laundering, terrorist financing, fraud, and other illegal activities.

FlashMint is a digital art NFT marketplace and is committed to operating in compliance with applicable AML regulations and international best practices.

2. Nature of the Platform

FlashMint provides a platform for the creation and sale of digital art NFTs on the TRON blockchain.

FlashMint:

• Does not provide financial services
• Does not operate as an exchange or wallet provider
• Does not custody user funds or private keys
• Does not offer investment or speculative products

All NFTs listed on FlashMint are non-financial digital assets.

3. AML Risk-Based Approach

FlashMint applies a risk-based approach to AML compliance, considering:

• The nature of digital goods sold (digital art NFTs only)
• The use of third-party regulated payment providers
• Transaction monitoring through payment partner notifications
• Content and creator review procedures

Higher-risk transactions may be subject to enhanced scrutiny.

4. KYC Policy

FlashMint generally does not require KYC for users purchasing NFTs with cryptocurrency.

However, when payments are processed through third-party providers:

• Banxa performs mandatory KYC/identity verification for fiat-based payments
• Cryptomus and NowPayments may apply their own compliance checks
• FlashMint relies on these providers' KYC procedures

FlashMint does not directly collect or store government-issued identification documents.

5. Prohibited Activities

FlashMint strictly prohibits the use of its platform for:

• Money laundering or terrorist financing
• Fraud, scams, or deceptive practices
• Use of stolen or illicit funds
• Circumventing sanctions or regulatory requirements
• Artificial transaction manipulation or wash trading

Any detected violations may result in account termination and reporting to relevant authorities.

6. Transaction Monitoring

FlashMint monitors transactions through:

• Order and payment status notifications from payment providers
• Abnormal transaction patterns or repeated failed payments
• Creator and content review processes
• Internal risk flags and manual reviews

Suspicious activity may lead to transaction suspension or refusal of service.

7. Cooperation with Authorities

FlashMint may cooperate with:

• Law enforcement agencies
• Regulatory authorities
• Payment service providers

Information may be disclosed when required by law or to comply with AML obligations.

8. Sanctions & Restricted Jurisdictions

FlashMint does not knowingly provide services to users located in:

• Sanctioned countries
• Restricted jurisdictions under international regulations

Access may be restricted or blocked where required.

9. Record Keeping

FlashMint retains limited records related to:

• Transaction identifiers
• Payment confirmations
• Support communications

Records are maintained only for compliance, security, and operational purposes.

Blockchain transaction records are maintained on public networks and cannot be altered.

10. Policy Updates

This AML / KYC Statement may be updated at any time to reflect regulatory changes or operational improvements.

Updates become effective upon publication on this page.

11. Contact Information

99PERCENT VIETNAM COMPANY LIMITED

Registered Address: LKI-C16 (LK-68), Bac An Khanh Urban Area, Hoai Duc District, Hanoi, Vietnam

Tax ID: 0352387850

Representative: NGUYEN MAI ANH

Email: support@flash-mint.com

Website: flash-mint.com