4: Legal and Compliance

4.1: How does FraXn ensure compliance with legal regulations?

FraXn collaborates with legal experts to ensure all investments meet local and international regulations. Our platform includes built-in compliance features, such as KYC (Know Your Customer) and AML (Anti-Money Laundering) checks, to ensure a secure and legal investment environment.

4.2: What is KYC and why is it important?

KYC (Know Your Customer) is a process used to verify the identity of our investors. It helps prevent fraud, money laundering, and other illegal activities by ensuring that all participants are who they claim to be.

4.3: What are the legal requirements for investing through FraXn?

Investors must complete the KYC verification process and comply with local laws and regulations. This includes providing valid identification and proof of address. We ensure that all legal requirements are met to protect both our platform and our investors.

4.4: How does FraXn handle data privacy and protection?

FraXn prioritizes data privacy and protection by using advanced encryption and secure data storage. We comply with data protection regulations, ensuring that your personal information is handled securely and confidentially.

4.5: What happens if there are changes in regulations?

FraXn stays updated on regulatory changes and adapts our platform to remain compliant. If there are significant changes, we will inform our investors and take necessary actions to ensure continued compliance and security.

4.6: Can non-residents invest through FraXn?

Yes, non-residents can invest through FraXn, provided they comply with the legal requirements of their country of residence and complete the KYC verification process. We aim to make real estate investment accessible to a global audience.