BC Game: Your Trusted Crypto Casino
About BC Game
BC Game is operated by Twocent Technology Limited, a Belize-registered company (Registration No. 000041939) with a registered address at Sea Urchin Street, San Pedro, Ambergris Caye, Belize. Licensed by the Government of the Autonomous Island of Anjouan, Union of Comoros, under License No. ALSI-202410011-FI1, BC Game complies with all regulatory requirements and is authorized to offer a broad range of gaming services.
Our platform follows a robust compliance framework, designed to detect and prevent illicit activities. Using a Risk-Based Assessment (RBA), we apply this framework throughout the customer lifecycle.
Regulatory Compliance Framework
BC Game adheres to the 2016 Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) regulations. We take a strict stance against illicit activities such as money laundering, terrorist financing, and sanctions violations.
Our compliance team stays updated with the latest regulations from bodies like the Financial Action Task Force (FATF) and the Global Compliance Bureau (GCB). We enforce the following practices:
- Developing and implementing AML and CFT policies and controls.
- Maintaining an in-house AML/KYC team.
- Providing regular staff training.
- Conducting independent compliance reviews.
Glossary of Terms & Definitions
- Money Laundering: The process of making illegally obtained money appear legitimate.
- Placement: Introducing illicit funds into financial systems.
- Layering: Disguising the origin of criminal funds through complex transactions.
- Integration: Incorporating laundered money into the economy.
- Suspicious Activity: Transactions that indicate potential fraudulent or criminal behavior.
- Sanctions: Restrictions placed on entities or individuals by global authorities.
Our Chief Compliance Officer oversees all compliance initiatives to ensure we meet evolving regulatory standards.
Client Due Diligence (CDD)
BC Game employs rigorous due diligence procedures, continuously monitoring activities using advanced technology to meet legal standards.
Know Your Customer (KYC)
Our KYC process, based on a Risk-Based Approach (RBA), helps us assess player profiles. Key steps include:
- Collecting wallet addresses and email addresses at registration.
- Monitoring the risk of cryptocurrency wallets used for deposits.
- Retaining identification data and screening against sanctions lists.
Identity and Age Verification
To verify user information and meet KYC requirements, BC Game uses third-party services. These services validate identities and ensure users meet age and eligibility requirements, also cross-checking against global sanctions lists.
Customer Information
BC Game collects essential information to verify player identities and assess risk. This includes wallet addresses, names, countries, and other KYC data. Corporate registrations are not allowed, and we may work with third-party providers for additional verification steps when needed.
Geo-blocking for Prohibited and Sanctioned Jurisdictions
BC Game uses geo-blocking to prevent services from being offered in jurisdictions where gambling is illegal. This includes regions subject to global sanctions, such as the USA, the UK, certain European countries, and other restricted areas.
Enhanced Due Diligence (EDD)
For users showing suspicious behavior or engaged in high-risk transactions, BC Game conducts enhanced due diligence. This includes verifying full legal names, citizenship, and additional documentation such as taxpayer IDs and passport numbers.
Restrictions
BC Game may block users who:
- Fail to provide required identification information.
- Submit fraudulent documents.
- Attempt to misrepresent their location.
- Are from restricted jurisdictions or on sanctions lists.
- Exhibit problematic gambling behavior or have mental health concerns.
We also reserve the right to block players for other reasons as needed.
Transactions Monitoring
BC Game adheres to sanctions regulations and has implemented a robust transaction monitoring system. This includes both manual and automated processes to identify suspicious activities in real-time, using historical data and activity patterns.
Ongoing Monitoring of Transactions
In addition to transaction monitoring, BC Game uses systems for ban evasion detection and reviews of products and services to ensure compliance and prevent misuse. Regular evaluations of third-party providers ensure continued adherence to compliance standards.
Vendor Management
BC Game partners with trusted service providers to ensure compliance. We assess these providers’ performance to maintain operational standards and take necessary actions when performance falls short.
Compliance Innovation
BC Game continuously explores innovative compliance tools, including blockchain-native solutions, to improve our platform’s regulatory framework. This includes experimenting with fraud prevention services and on-chain KYC solutions.
Internal Training
Our team undergoes periodic training on AML, CFT, and compliance with trade sanctions, ensuring staff members are informed of the latest regulatory developments and best practices.
Suspicious Transaction Reporting (STR)
BC Game adheres to the reporting requirements for suspicious transactions. If any activity linked to money laundering, terrorism financing, or criminal actions is detected, it will be reported to the relevant authorities to maintain a secure gaming environment.
