search

legal

hashtag
Regulatory Philosophy

Percent Wallet Privacy is designed as non-custodial software—a tool that empowers individual financial sovereignty, not a financial service provider.

hashtag
Key Principles

  • User Responsibility: Users retain full control and responsibility for their assets and compliance with local regulations.

  • Decentralized Software: The protocol is open-source software, not a centralized service.

  • Global Accessibility: Available to individuals worldwide seeking financial privacy and autonomy.

  • No Custody: Percent Wallet Privacy never holds, controls, or has access to user funds.

hashtag
User Responsibilities

hashtag
Compliance Obligations

Users are solely responsible for:

  • Understanding and complying with local cryptocurrency regulations

  • Reporting taxable events as required by their jurisdiction

  • Ensuring legal use of privacy features

  • Adhering to KYC/AML requirements where applicable

  • Understanding the risks of cryptocurrency investments

hashtag
Prohibited Uses

Users agree not to use Percent Wallet Privacy for:

  • Money laundering or terrorist financing

  • Sanctions evasion

  • Illegal marketplace transactions

  • Tax evasion or fraud

  • Any activity prohibited by applicable law

hashtag
Jurisdictional Considerations

hashtag
Regulatory Landscape

Cryptocurrency regulations vary significantly by jurisdiction:

  • Some regions: Fully legal and regulated

  • Other regions: Legal but unregulated

  • Certain regions: Restricted or prohibited

User Obligation: Verify legal status in your jurisdiction before use.

hashtag
Privacy vs. Anonymity

Important Distinction:

  • Privacy: Protecting personal financial information from unauthorized access

  • Anonymity: Hiding identity from all parties, including law enforcement

Percent Wallet Privacy provides privacy tools, not anonymity. Users should understand:

  • Blockchain transactions are pseudonymous, not anonymous

  • Privacy features protect against mass surveillance, not targeted investigation

  • Legal obligations may require disclosure in certain circumstances

hashtag
Disclaimers

hashtag
Data & Privacy

hashtag
Intellectual Property

hashtag
Trademarks

"Percent Wallet Privacy" and "$PWP" are trademarks. Unauthorized commercial use is prohibited.

hashtag
Open Source License

Software is licensed under MIT License, permitting wide use with attribution.

hashtag
Community Contributions

Contributors retain copyright but grant project license to use contributions.

hashtag
Governing Law

hashtag
Decentralized Nature

As a decentralized protocol:

  • No single jurisdiction governs all aspects

  • Users subject to laws of their own jurisdiction

  • Disputes resolved according to user's local law

  • No centralized entity to sue or regulate

hashtag
Dispute Resolution

Given the decentralized nature:

  • No formal dispute resolution mechanism

  • Community governance for protocol disputes

  • Users responsible for their own legal recourse

  • Open-source nature allows forking if disagreements arise

hashtag
Regulatory Engagement

hashtag
Proactive Compliance

The Percent Wallet Privacy team:

  • Monitors evolving regulatory landscape

  • Engages with policymakers when appropriate

  • Adapts to reasonable regulatory requirements

  • Advocates for privacy-respecting regulation

hashtag
Regional Adaptations

Future potential adaptations:

  • Geo-specific feature availability

  • Compliance-focused versions for regulated markets

  • Partnership with licensed service providers

  • Educational resources on local regulations

hashtag
Forward-Looking Statements

This whitepaper contains forward-looking statements subject to risks and uncertainties:

  • Roadmap timelines may change

  • Features may be modified based on technical or regulatory factors

  • Token economics may evolve through governance

  • Market conditions may impact development

No Guarantees: Past or projected performance does not guarantee future results.

hashtag
Contact & Reporting

hashtag
Updates to Terms

This legal framework may be updated to reflect:

  • Regulatory developments

  • Community governance decisions

  • Technical changes

  • Industry best practices

Users encouraged to: Review periodically for updates.

Final Disclaimer: This document does not create a contractual relationship. Users interact with open-source software at their own risk and responsibility. Always consult qualified legal and financial professionals before engaging with cryptocurrency.

Previousteam