To be in full regulatory and legal compliance, the SolarCoin Foundation continuously maintains and updates our operating list of suspended regions and countries. The SolarCoin Foundation always seeks to comply with all local, regional and national laws and regulations.
The blockchain token regulatory and operating environment is a rapidly changing one. As rules and regulations change we update or restrict our activities and compliance policies accordingly.
Regions and actors may become unable to receive grants for regulatory or legal reasons. When this occurs, the SolarCoin Foundation suspends grants to a region or specific actors.
Should regulatory changes occur in a suspended region allowing for the SolarCoin operation to operate, the grants to solar energy producers may be re-initiated retroactively to Jan 2010 or the date of last grant received.
The SolarCoin foundation is a US based organization and as such complies with all US laws and regulations including sanctions issued by the US Treasury OFAC.
The list of SolarCoin Foundation suspended regions includes:
- Central African Republic
- Democratic Republic of the Congo
- North Korea
- Sudan and Darfur
- South Sudan
- Ukraine (Russia related sanctions)
Should you believe your facility or place of generation / ownership is exempt please submit a ticket at email@example.com stating the reason believed for the exemption.
The SolarCoin foundation does not share, resell or in any way redistribute PII (personal identifiable information) unless requested to do so be recognized tax or legal authorities.
The filing of a claiming to SolarCoin using false data on behalf of a facility not owned by the claimant may constitute a fraudulent act in some countries.