Company: RHNO
Filing Date: 2025-11-13
Form Type: 10-K
Source: 0001493152-25-022052
Chunk: 4

Company: RHINO BITCOIN INC.
Filing Date: 2025-11-13
Form: 10-K
Item: Item 1
Chunk 4
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As a money services business registered with the Financial Crimes Enforcement Network (“FinCEN”), we are required under the
BSA to among other things, develop, implement, and maintain a risk-based anti-money laundering program, provide an anti-money laundering-related
training program, report suspicious activities and transactions to FinCEN, comply with certain reporting and recordkeeping requirements,
and collect and maintain information about our customers. In addition, the BSA requires us to comply with certain customer due diligence
requirements as part of our anti-money laundering obligations, including developing risk-based policies, procedures, and internal controls
reasonably designed to verify a customer’s identity. Many states and other countries impose similar and, in some cases, more stringent
requirements related to anti-money laundering and counter-terrorist financing. Our compliance program is designed to prevent and detect
instances of money laundering, terrorist financing, and other illicit activity on our platform.

In
addition, we rely on licenses of our partners which operate as money transmitters or the equivalent in the states where such licenses
or equivalent are required for us to conduct our business.

The
laws and regulations to which we are subject, including those pertaining to digital assets and crypto assets, are rapidly evolving and
increasing in scope. We believe we comply with all applicable legal requirements.

Employees

We
have one full-time employee, and retain four other personnel on a full-time independent contractor basis.

5

Item
1A. Risk Factors.

Not
required for a smaller reporting company.

Item
1B. Unresolved Staff Comments.

None.

Item
1C. Cybersecurity

Risk
management and strategy

We
recognize the critical importance of developing, implementing, and maintaining robust cybersecurity measures to safeguard our information
systems and protect the confidentiality, integrity, and availability of our data.

Managing
Material Risks & Integrated Overall Risk Management

We
have strategically integrated cybersecurity risk management to promote cybersecurity risk management. This integration ensures that cybersecurity
considerations are an integral part of our decision-making processes. Our management works closely with our IT department to continuously
evaluate and address cybersecurity risks in alignment with our business objectives and operational needs.

Oversee
Third-party Risk

Because
we are aware of the risks associated with third-party service providers, we have implemented stringent processes to oversee and manage
these risks. We conduct thorough security assessments of all third-party providers before engagement and maintain ongoing monitoring
to ensure compliance with our cybersecurity standards. This approach is designed to mitigate risks related to data breaches or other