Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [ICO] [IPL] InsurePal | Distributed social proof insurance
by
rhamzter
on 25/12/2017, 11:44:27 UTC
I am from insurance background and this project looks interesting. As per the instructions, this coin is not available for US citizens.  I am non-resident alien  in USA(not US citizen), Can i purchase it?

Citizens or individuals with lawful permanent resident or domicile in the USA, Canada, South Korea, Singapore, China are not allowed to contribute in the InsurePal whitelist presale.

Because they have a KYC system for the whitelist, but I have not seen anything similar for the ICO itself.

KYC is required through the whole process. As for the countries, limitations also stand in presale and in crowdsale.
Yes it is true, in any country know your client (KYC) was part now of the policy. I think thru help of this requirement fraud or tampering of transactions will become easy to detect. In addition transactions of each people who under KYC was protected by law.