Legal

AML & Sanctions Statement

Last updated: 26 August 2026

1. Overview

Veyrnox is a non-custodial self-custody digital-asset wallet. We do not hold, custody, or control your digital assets at any time. Your private keys are generated and stored on your device, bound to its hardware secure element, and transactions are signed locally.

This Anti-Money Laundering (AML) and sanctions statement explains our position: because Veyrnox never touches your funds, the traditional AML obligations of a custodian or money transmitter do not apply to us, and you are responsible for your own local compliance.

2. Non-custodial by design

Veyrnox is not a custodian, exchange, Virtual Asset Service Provider (VASP), or money transmitter. We do not receive, hold, send, or exchange digital assets on your behalf. Every transaction is initiated and authorised by you, on your device, and broadcast directly to a public blockchain network.

Because we have no custody or control over user assets, Veyrnox is not in a position to freeze, seize, reverse, or report your transactions.

3. No KYC required

Veyrnox does not collect identity documents, verify your identity, or perform Customer Due Diligence (CDD). The wallet can be used without providing personal information, because we open no accounts and hold no balances.

We maintain no records of your transactions, balances, or counterparties on our servers. Any portfolio or transaction information displayed in the app is derived on-device from the public blockchain.

4. Sanctions

Veyrnox does not process, route, or settle transactions — the blockchain network does. We cannot filter recipient addresses in real time or block transfers to sanctioned parties.

You must not use Veyrnox to transact, directly or indirectly, with persons or entities subject to sanctions administered by US OFAC, the United Nations, the European Union, the United Kingdom, or any other applicable jurisdiction. You are responsible for screening your counterparties against the sanctions lists that apply to you.

5. Your responsibilities

You are responsible for complying with the laws of your jurisdiction, which may include:

• Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) obligations,
• Registration or licensing requirements for holding, sending, or exchanging digital assets,
• Tax reporting on gains, income, or transactions, and
• Sanctions and prohibited-persons screening.

If you use Veyrnox on behalf of a business, you may have additional regulatory obligations separate from Veyrnox's. You should obtain independent legal advice if you are unsure whether your use of Veyrnox is permitted in your jurisdiction.

6. No transaction monitoring by Veyrnox

Because Veyrnox is non-custodial, we have no visibility into your transactions, balances, or counterparties, and we perform no transaction monitoring, suspicious-activity reporting, or travel-rule compliance. These obligations, where applicable, fall on you or the regulated intermediaries you use (for example, a regulated exchange or a fiat on-ramp).

7. Contact

For questions about this AML and sanctions statement, contact us at legal@veyrnox.com or via our contact page.