Regulatory Strategy and Plans for Engagement with Relevant Authorities
The KALP Foundation is committed to proactive engagement with relevant regulatory authorities to ensure the compliance and legitimacy of the Gini token. The Foundation’s regulatory strategy includes:
Dialogue and Consultation
The Foundation will actively seek to establish open lines of communication with regulatory bodies, providing transparency and clarity about the design, functionality, and governance of the Gini token.
Compliance and Self-Regulation
The KALP ecosystem will implement robust compliance measures, such as AML/KYC procedures, and adhere to industry best practices and self- regulatory guidelines to demonstrate its commitment to responsible operation.
Collaboration and Education
The Foundation will work closely with legal experts, industry associations, and other stakeholders to share knowledge, contribute to the development of regulatory frameworks, and foster a better understanding of the benefits and risks associated with utility tokens.
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