Compliance & Regulations

Lumpaxwallet is committed to maintaining the highest standards of regulatory compliance and security in the cryptocurrency hardware wallet industry.

Regulatory Framework

Our comprehensive compliance program ensures adherence to all applicable laws and regulations

United States

Compliant with FinCEN guidance for non-custodial wallet providers and all applicable federal regulations.

European Union

Adherent to GDPR requirements and MiCA (Markets in Crypto-Assets) regulations for hardware wallet providers.

United Kingdom

Registered with appropriate authorities and compliant with UK cryptocurrency regulations.

Asia-Pacific

Meeting regulatory requirements in key APAC markets including Japan, Singapore, and Australia.

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Important Compliance Notice

Understanding Our Role as a Non-Custodial Hardware Wallet Provider

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Non-Custodial Service: Lumpaxwallet is a hardware device for storing private keys. We do not offer exchange, trading, or custodial services.
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No Access to Assets: We never have access to your private keys, cryptocurrency holdings, or transaction data.
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User Responsibility: Users are solely responsible for compliance with their local cryptocurrency regulations and tax obligations.
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Hardware Only: We provide only the hardware device and supporting software for secure key storage, not financial services.

Security Certifications

Our commitment to security is validated by industry-leading certifications

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ISO 27001

✓ Certified

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CC EAL5+

✓ Certified

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FIPS 140-2

✓ Level 3

✅

SOC 2 Type II

✓ Compliant

🌐

GDPR

✓ Compliant

🏆

PCI DSS

✓ Level 1

Anti-Money Laundering (AML) Policy

Our commitment to preventing financial crime and maintaining integrity

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AML/KYC Procedures

Comprehensive measures to prevent illicit use of our products

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Customer Verification: Identity verification for all purchases above regulatory thresholds in accordance with applicable laws.
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Transaction Monitoring: Monitoring of purchase patterns to identify and report suspicious activities to relevant authorities.
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Sanctions Screening: Regular screening against global sanctions lists to ensure compliance with international regulations.
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Record Keeping: Maintenance of required records in accordance with regulatory requirements and data protection laws.
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Staff Training: Regular training of all staff on AML/KYC procedures and regulatory requirements.

2024 Compliance Report

Our commitment to transparency and regulatory excellence

100%

Regulatory Compliance

Violations

Audits Passed

Certifications

Export Controls & Restrictions

Compliance with international trade regulations and export controls

Export Licensing

Full compliance with US Export Administration Regulations (EAR) and applicable export control laws.

Restricted Countries

We do not ship to countries subject to comprehensive sanctions or embargoes as designated by OFAC.

Dual-Use Technology

Proper classification and licensing of encryption technology in accordance with export regulations.

Documentation

Maintenance of complete export documentation and compliance with all reporting requirements.

Questions About Compliance?

Our compliance team is here to address any regulatory or compliance-related inquiries

Contact Compliance Team

Lumpaxwallet
One Vanderbilt Ave. 65th Fl
New York, NY 10017, United States
📞 +15163887153