Compliance
General Information
Swipelux regulatory framework and compliance responsibilities
General Information
Swipelux OU is an EU-licensed Virtual Asset Service Provider (VASP).
Swipelux performs the regulated crypto activity in the flow, including wallet creation, crypto custody, exchange, and blockchain execution.
Sub-merchants do not perform VASP-regulated activity in these flows. They:
- control UX/UI and user acquisition
- connect users to Swipelux payment infrastructure
- never hold, control, or access private keys
- never custody funds or execute blockchain transactions
Regulatory Perimeter
Because Swipelux is the regulated entity performing the crypto leg, sub-merchants are not required to obtain VASP/CASP licenses for these flows unless their own local sector licensing requires it, such as gambling or CFD licensing.
Compliance Responsibilities
- Swipelux: KYC, sanctions, PEP screening, wallet screening, blockchain execution
- Sub-merchant: marketing compliance, UX geoblocking, sector-specific licensing