Legal & Regulatory Compliance

Regulatory Landscape for Carbon Credits and NFTs

Aurica navigates a complex regulatory landscape, as both carbon credits and NFTs are emerging digital assets with varying degrees of regulatory clarity across jurisdictions:

• Carbon Credits: Carbon markets are subject to international, regional, and national regulations. Aurica adheres to the standards set by recognized bodies like the Verified Carbon Standard and complies with local regulations where the carbon credits are generated and retired.

• NFTs: As NFTs represent digital ownership, they may be classified differently depending on the jurisdiction—ranging from securities to collectibles. Aurica stays abreast of evolving legislation and ensures that its NFTs comply with the legal frameworks of the countries in which they are issued and traded.

Compliance Strategy for Global Operations

To maintain its global operations, Aurica employs a proactive compliance strategy:

• Legal Expertise: Aurica engages with legal experts in various jurisdictions to navigate the complex web of laws and regulations that affect its operations, ensuring that the platform remains compliant as it expands.

• Regulatory Engagement: The platform actively engages with regulatory bodies to participate in discussions about the future regulatory environment for carbon credits and NFTs, advocating for a fair and workable framework.

• User Verification: Aurica implements Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures where required to ensure the legitimacy of transactions and prevent illicit activities.

• Adaptive Operations: The platform's operations are designed to be adaptive, allowing for quick adjustments in response to new regulations or legal requirements.

• Transparency and Reporting: Aurica is committed to transparency, providing regular reporting on its operations, the use of funds, and the outcomes of its environmental projects to both regulators and the public.

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By prioritizing legal and regulatory compliance, Aurica secures its position as a responsible and trustworthy platform in the digital asset space. Its commitment to adhering to regulations not only protects its users but also ensures the long-term viability and integrity of its operations, instilling confidence in investors, partners, and regulatory bodies alike.