Sögur adheres to all applicable laws and regulations in order to prevent money laundering, terrorist funding, and other illegal activities. Each person who wishes to purchase SGR currency directly from the smart contract must become a registered Sögur user and must first undergo an online on-boarding process, composed of Know Your Client procedures and Anti Money Laundering checks, including a declaration of ownership of their digital wallet. Only upon successful completion of the on-boarding, your digital wallet will become authorised to buy and redeem SGR directly from the smart contract.