Skip to main content

Product Policy - Regional Adjustment Instructions

U
Written by UKey Wallet

Legal Terms and Policies

UKey is committed to providing safe, reliable and easy-to-use decentralized self-hosted wallet services to global users. In order to protect the security of user assets, And to ensure the compliant operation of the platform in various jurisdictions, we will dynamically adjust the availability of relevant product functions according to the laws and regulations of different countries and regions.

Regulatory Policies and Functional Limitations

According to the "Notice on Further Preventing and Dealing with Speculation Risks in Virtual Currency Transactions" jointly issued by China's ten ministries and commissions and relevant regulatory policy requirements, virtual currency-related businesses are strictly restricted in specific regions.

In order to practice compliance operations and protect user rights, Some of the features you are trying to access are currently unavailable to users in China (including IP addresses or locations within China).

  • Restricted service: Specific on-chain interactions, transaction hype-related functions, built-in access portals for specific decentralized applications (DApps), etc. (hidden or restricted due to compliance requirements).

  • Available services: Users in China can still manage on-chain assets through the UKey non-custodial wallet and perform basic transfers and on-chain interactions. Domestically, digital tokens are considered virtual commodities. Please be sure to use it within the scope permitted by law.

Safety and Compliance Statement

As a self-hosted wallet service provider, UKey always puts compliance and user safety first. We hereby solemnly remind you:

  • Prevent security risks: Users are requested to effectively guard against illegal activities such as virtual currency speculation, financial fraud, illegal pyramid schemes, and money laundering when participating in on-chain interactions.

  • Protect personal credentials: UKey The official team will always No Ask you for your mnemonic phrase, private key, PIN, or security code. Please be sure to back up your mnemonic phrase offline and keep it properly, and do not disclose it to anyone.

Our technical commitment

Despite facing a complex global regulatory environment, the UKey team will continue to carry out technical in-depth development and product iteration to provide you with a more secure self-hosting experience:

  • Smart contract innovation: Use trustworthy execution of smart contracts to reduce trust costs and ensure transparency and security of interactions on the chain.

  • Privacy and security technology: Use advanced encryption technology and multi-party computation (MPC) to strictly protect users' privacy data security.

  • Multi-factor authentication: Continuously optimize the multi-identity verification mechanism to minimize the risk of asset loss, theft and phishing fraud.

Contact us

If you have any questions about this product feature adjustment, or need to know the specific service availability in your area, Please feel free to submit a ticket to the UKey customer support team [requires confirmation: official ticket system or support email link] and we will be happy to answer your question.

Did this answer your question?