Regulation & Compliance
ReMeLife is committed to operating with transparency and maintaining compliance with international cryptocurrency regulations. This page outlines our regulatory approach and compliance commitments.
⚠️ Important Risk Warning
REME tokens are utility tokens used within the ReMeLife ecosystem. They are not regulated financial instruments.
Purchasing or converting CAPs to REME involves risk, including the potential loss of value. This website does not constitute financial advice or an offer to UK residents. Users should consult a regulated advisor before engaging in any crypto-related activity.
ReMeLife does not offer investment services and is not authorised by the UK Financial Conduct Authority.
Company Structure
ReMeLife DAO: ReMeLife operates as a Decentralized Autonomous Organization (DAO) established in Wyoming, United States. This structure ensures transparency, community governance, and regulatory compliance within the rapidly evolving cryptocurrency landscape.
Wyoming Registration: Wyoming provides a robust legal framework for blockchain and cryptocurrency businesses, offering clarity and protection for both the organization and its users.
REME Token (Utility Token)
Token Functionality
CAPs are earned passively by users through engagement with ReMeLife apps and modules. CAPs can be converted to REME tokens, which serve specific utility functions:
- Payment of gas fees for blockchain transactions
- Redemption of discounts in the ReMe Market
- Access to premium platform features
- External trading on third-party cryptocurrency exchanges
UK Compliance Measures
REME qualifies as a utility token. ReMeLife implements the following compliance measures for UK users:
- Money Laundering Regulations (MLR 2017): Registration and compliance in progress
- Money Laundering Reporting Officer (MLRO): Appointed to oversee AML procedures
- KYC/AML Procedures: Mandatory identity verification before CAPs to REME conversion
- Financial Promotions: All UK-facing promotions include clear risk warnings
- User Categorization: Users are categorized according to FCA guidelines
KYC/AML Requirements
To comply with global Anti-Money Laundering (AML) standards, ReMeLife requires:
- Identity verification using government-issued ID
- Proof of address confirmation
- Sanctions screening against international watchlists
- Ongoing monitoring for suspicious activity
- Secure audit logs and data retention (minimum 5 years)
Geographic Compliance
ReMeLife is committed to complying with local regulations in all jurisdictions where we operate. We implement geographic restrictions and compliance measures as required by law.
Important: ReMeLife does not promote REME tokens to residents of countries where such promotions are restricted or prohibited. Users are responsible for ensuring their use of the platform complies with their local laws and regulations.
Trusted Third-Party Providers
KYC/AML Verification Partners
ReMeLife works with industry-leading KYC providers to ensure secure and compliant identity verification:
- • Jumio - www.jumio.com
- • ComplyAdvantage - www.complyadvantage.com
- • Onfido - www.onfido.com
- • Trulioo - www.trulioo.com
- • Shufti Pro - www.shuftipro.com
Our Commitment to Compliance
ReMeLife is dedicated to maintaining the highest standards of regulatory compliance. We continuously monitor changes in cryptocurrency regulations across all jurisdictions where we operate and adapt our policies and procedures accordingly.
We believe that transparent, compliant operations are essential for building trust within the care community and creating a sustainable platform for rewarding digital care actions.
For questions about our compliance measures or regulatory approach, please contact our compliance team at compliance@remelife.com