11.2 Geographical Restrictions and Regulatory Compliance

InsuranceDAO.World is a global platform, but the services we provide are subject to a variety of regulatory frameworks in different jurisdictions. The platform may be restricted or prohibited in certain regions due to local laws, regulations, or sanctions. By accessing InsuranceDAO.World, you confirm that:

1. Restricted Regions:

The following regions impose legal restrictions on the use of decentralized financial services and digital assets, and access to InsuranceDAO.World’s services may be prohibited:

• United States (including all states): Due to federal and state-level regulatory frameworks surrounding digital assets, cryptocurrency exchanges, and DeFi platforms.

• Mainland China: Due to regulatory restrictions on cryptocurrency transactions and decentralized finance activities.

• European Union (Specific Jurisdictions): Some EU member states have specific regulations restricting the use of certain cryptocurrency products and decentralized finance services.

• Canada (Certain Provinces): Regulatory constraints may limit access to DeFi and cryptocurrency services.

• India: Restrictions imposed by local financial regulators on cryptocurrency transactions and decentralized platforms.

• Iran, North Korea, Crimea, Syria, Cuba, and other Sanctioned Regions: Access from these jurisdictions is strictly prohibited by international sanctions, and users from these regions are barred from using the platform.

• Other High-Risk Jurisdictions: Access may be restricted in other regions identified as high-risk by regulatory bodies, including countries with unregulated financial systems.

2. Know Your Customer (KYC) and Compliance:

InsuranceDAO.World complies with international Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) regulations. As such, we may require you to submit identity verification documents to comply with applicable KYC laws, especially for users who may be located in restricted jurisdictions. Failure to provide the requested information may result in account restrictions or denial of access to certain services.

3. Self-Responsibility and Legal Risk:

By accessing InsuranceDAO.World from a jurisdiction where the use of decentralized finance (DeFi) services or digital assets is prohibited, you do so at your own risk. InsuranceDAO.World will not be held liable for any legal, financial, or regulatory consequences resulting from your actions. It is your responsibility to be aware of and comply with the local laws and regulations that apply to your use of the platform.