# Legal, Regulatory & KYC

**Q26. Is KYC required?**\
A26. Yes, KYC is required during the asset redemption (delivery) process.

**Q27. Is Metap Inc. a trustworthy entity?**\
A27. Yes. Metap Inc. is a legally registered entity under the laws of Taiwan.

**Q28. Is my personal data protected?**\
A28. Yes. Data is handled in compliance with Taiwan’s Personal Data Protection Act.

**Q29. How should I handle tax reporting?**\
A29. Users are responsible for reporting earnings to tax authorities in their country of residence.

**Q30. Who holds the legal rights to the assets?**\
A30. Ownership or redemption rights are granted to the holder of the NFT.