Legal & Compliance
The issuance, distribution, and use of the Golden Gate Future Coin (GGFC) token are subject to legal and regulatory considerations across multiple jurisdictions. While blockchain technology offers global accessibility, the legal environment surrounding digital assets is rapidly evolving and may differ significantly from one country to another.
Regulatory Status
GGFC is not intended to be a security, investment contract, or financial instrument as defined under the laws of any jurisdiction. The token is designed to serve as a utility within the Golden Gate ecosystem, specifically for services such as lottery participation and future e-commerce platforms.
However, since laws and regulations vary and may change over time, GGFC may be subject to future classifications or restrictions imposed by government authorities or financial regulators. We reserve the right to adjust our operations or compliance practices accordingly.
User Responsibility
It is the sole responsibility of each user or token holder to understand and comply with the applicable laws and regulations of their country of residence. This includes, but is not limited to, restrictions on the purchase, use, and transfer of digital tokens. We strongly recommend that all participants consult with legal, tax, and compliance professionals before engaging with the GGFC ecosystem.
AML and KYC
To prevent illegal activities such as money laundering, terrorist financing, and fraud, GGFC may implement Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures where necessary or required by law. Participants may be asked to verify their identity to access certain services or participate in token-related programs.