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What is the Know Your Customer, or KYC, process?

Last Updated: Nov 19, 2018 05:55PM EST
KYC is a process by which companies selling coins or tokens are required to verify the identity of individuals in order to facilitate compliance with anti-money laundering laws (AML) and to protect from accidentally facilitating criminal activities. Before purchasing eMusic tokens (eMUs), you must go through a brief KYC process. It is completely secure and private, and you only have to do it once.

Please Note: eMusic will require potential buyers to pass a Know Your Customer (KYC) check and verify residency before purchasing any eMU Tokens. Currently, the tokens are not being offered or sold to U.S. residents and residents of additional select countries. Use of the tokens on generation on the eMusic platform will be restricted to countries that can participate in the token sale. This notice does not constitute an offer of securities for sale and the tokens have not been registered as securities under the U.S. Securities Act of 1933, as amended, or any state securities laws.

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