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?
Does Lexwan ever share user info with authorities?
How do I verify incoming firmware is authentic?
Can I audit the device’s code myself?
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: 10121907