Compliance & AML Notes
For AstraPay – Decentralized, Non-Custodial Web3 Payment Protocol
AstraPay is a non-custodial, decentralized payment protocol. As such, AstraPay does not store user funds, does not hold custody, and does not require KYC, ensuring full control and privacy for users.
However, AstraPay is committed to maintaining ethical and lawful operations and discourages the use of its platform for any illicit activity.
Key Notes:
No Custodianship: AstraPay never takes custody of funds or private keys. All payments are processed directly between payer and receiver wallets.
No KYC/AML Collection: AstraPay does not collect personal identity information from users. It is built to empower peer-to-peer commerce in a privacy-respecting manner.
Blockchain Transparency: All transactions are verifiable on-chain. Users can inspect and interact with transactions directly.
Restricted Use Policy: AstraPay must not be used for activities that violate international law, including money laundering, terrorist financing, or any form of financial crime. Any user or integration found to be engaging in such activity may be denied future access to AstraPay tools or affiliate services.
Jurisdictional Awareness: Users are responsible for understanding and complying with the laws of their respective jurisdictions before using AstraPay.
AstraPay is designed to align with the decentralized ethos of Web3 while maintaining transparency, ethical use, and best practices.
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