Regulations & Compliance

Lexwan complies with all relevant international export, privacy, and financial regulations for hardware crypto wallets. Our product never collects user private keys or wallet data, ensuring user sovereignty and privacy.

Legal Compliance Overview

  • EU GDPR (General Data Protection Regulation) conformity
  • BaFin (Germany) supervision and registration
  • Global CE, RoHS, WEEE electronic standards
  • Export controls respected for non-EU countries

KYC & AML

Lexwan hardware wallets do NOT require customer KYC (Know Your Customer) to operate.
Product use is always private and anonymous. For online purchases, limited KYC checks (e.g. address verification) may be made if legally required by law enforcement or applicable regulations.

Data Protection

Lexwan adheres to GDPR for EU clients and similar privacy standards for users globally. No private keys or wallet information is ever shared, stored, or accessed remotely.

  • No cloud storage for user data. PIN, seed phrase, and keys stay on the device.
  • We use encrypted email systems for support communication.
  • No third-party tracking, ads, or analytics tools are embedded.

Certifications & Security Standards

  • EAL6+ Secure Element certified chips for tamper-proof security (as used in leading payment systems)
  • Regular independent security audits by trusted third-party firms
  • CE, RoHS, WEEE compliance for safe materials and responsible e-waste recycling in the EU

Frequently Asked Questions (FAQ)

Is Lexwan Wallet legal for use in all countries?
Lexwan Wallet is fully legal for purchase and use in the EU, UK, Switzerland, and most countries worldwide. However, due to export control laws, we cannot ship to certain embargoed countries or territories subject to international sanctions.
Does Lexwan ever share user info with authorities?
Lexwan respects user privacy by default. We will only supply order info to regulators if legally compelled by a valid court order or in cases of criminal investigation (e.g., terrorism financing).
How do I verify incoming firmware is authentic?
All firmware updates are cryptographically signed. The wallet will warn you if it ever detects tampering or unsigned code.

Supervisory Authority

Lexwan operates under oversight from the BaFin (Federal Financial Supervisory Authority, Germany). If you have a compliance concern, you may contact our supervisory authority:
BaFin: 10123605

Contact us regarding compliance or legal topics