> For the complete documentation index, see [llms.txt](https://degen-watch-club.gitbook.io/dwc/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://degen-watch-club.gitbook.io/dwc/legal/user-agreements/minting-event-terms/kyc-and-aml-practices.md).

# KYC and AML Practices

Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures.

**Required Information**

To participate in our Minting Events, the user will need to provide:

* **Full Name**
* **Date of Birth (DOB)**
* **Mailing  Address** 
* **Country of Residence**: U.S. residents only.
* **Email Address**

**Compliance Measures**

We enforce the following measures to comply with regulations:

* **IP Gating**: Blocking access from countries not adhering to OFAC regulations.
* **Cross-Referencing**: Verifying KYC information against the OFAC list.

**Why is KYC Required?**

Currently, there is no method to ensure KYC for every blockchain transaction. Owners of assets can sell to any wallet holder on any web3 marketplace without our oversight on the person behind the wallet. Therefore, we require a KYC process before redeeming NFTs. Without completing KYC, we cannot proceed with transactions.