PRIVACY POLICY
Effective date: 1st April 2023
Stabolut Ltd ("us", "we", or "our") operates the stabolut.com website and the Stabolut mobile application (collectively referred to as the "Service"). This Privacy Policy informs you of our policies regarding the collection, use, and disclosure of personal data when you use our Service and the choices you have associated with that data.
By using the Service, you agree to the collection and use of information in accordance with this policy. Unless otherwise defined in this Privacy Policy, the terms used in this Privacy Policy have the same meanings as in our Terms and Conditions.
1. Definitions
Service: The stabolut.com website and the Stabolut mobile application operated by Stabolut Ltd.
Personal Data: Data about a living individual who can be identified from that data (or from those and other information either in our possession or likely to come into our possession).
Usage Data: Data collected automatically either generated by the use of the Service or from the Service infrastructure itself (for example, the duration of a page visit).
Cookies: Small pieces of data stored on your device (computer or mobile device).
2. Information Collection and Use
While using our website, we may ask you to provide us with certain personally identifiable information that can be used to contact or identify you ("Personal Data"). The mobile application does not collect any Personal Data. Personal Data collected on the website may include, but is not limited to:
Email address
First name and last name
Username
3. Use of Data
Stabolut Ltd uses the collected data for various purposes, including:
To provide and maintain the Service
To notify you about changes to our Service
To allow you to participate in interactive features of our Service when you choose to do so
To provide customer care and support
To provide analysis or valuable information so that we can improve the Service
To monitor the usage of the Service
To detect, prevent and address technical issues
4. Transfer of Data
Your information, including Personal Data, may be transferred to and maintained on servers located outside of your country, where the data protection laws may differ from those of your jurisdiction. By providing your Personal Data, you agree to this transfer, storage, and processing of your information.
5. Disclosure of Data
Stabolut Ltd may disclose your Personal Data in the good faith belief that such action is necessary to:
Comply with a legal obligation
Protect and defend the rights or property of Stabolut Ltd
Prevent or investigate possible wrongdoing in connection with the Service
Protect the personal safety of users of the Service or the public
Protect against legal liability
6. Security of Data
The security of your data is important to us, but no method of transmission over the Internet or method of electronic storage is 100% secure. While we strive to use commercially acceptable means to protect your Personal Data, we cannot guarantee its absolute security.
7. Service Providers
We may employ third-party companies and individuals to facilitate our Service, provide the Service on our behalf, perform Service-related services, or assist us in analyzing how our Service is used. These third parties have access to your Personal Data only to perform these tasks on our behalf and are obligated not to disclose or use it for any other purpose.
8. Children's Privacy
Our Service does not address anyone under the age of 18 ("Children"). We do not knowingly collect personally identifiable information from anyone under the age of 18. If you are a parent or guardian and you are aware that your child has provided us with Personal Data, please contact us.
9. Digital Assets and Wallet Privacy
As a provider of wallet services for digital asset payments, we implement additional privacy measures and considerations for our users. The following clauses are specific to our wallet services:
Transaction Data: When you use our Wallet for digital asset payments, we may collect transaction-related data, such as transaction amount, digital asset type, wallet addresses, and transaction timestamps. This data is necessary for the proper functioning of the wallet services, and we retain this information only for as long as it is needed to provide our services.
Wallet Backup and Recovery: Our wallet service offers backup and recovery options to help you protect your digital assets. Any backup data is encrypted and stored securely on your device itself, and we do not store your keys. Access to this backup data is granted only with the proper credentials, such as a recovery seed phrase or password. We strongly recommend that you safeguard this information and never share it with anyone. Please note that while your IP information may be received when the wallet interacts with our servers, we do not store this data.
Anonymity and Pseudonymity: Digital asset transactions are often pseudonymous in nature, meaning that they do not reveal the real-world identity of the parties involved. While we respect the privacy of our users, we may be required to disclose transaction data to comply with legal obligations or to protect the rights or property of Stabolut Ltd.
Third-Party Integrations: We may integrate our Wallet services with third-party providers, such as exchanges, payment processors, or other digital asset services. When using these integrations, you may be required to share certain personal data with these third parties to facilitate transactions. We encourage you to review the privacy policies of any third-party services you use in conjunction with our Wallet services.
10. Compliance with Seychelles Privacy Laws, CCPA, and GDPR
As a company incorporated in Seychelles with global users, Stabolut Ltd is committed to complying with the privacy laws and regulations applicable in Seychelles and the provisions of the California Consumer Privacy Act (CCPA) and the General Data Protection Regulation (GDPR).
Seychelles Privacy Laws: Stabolut Ltd complies with the Data Protection Act, 2003 of Seychelles, which governs the processing of personal data. This includes obtaining consent, providing notice, ensuring data accuracy, and implementing necessary security measures to protect personal data.
CCPA: For users who are California residents, you have certain rights under the CCPA, including the right to access, delete, or opt-out of the sale of your personal information. To exercise these rights, please contact us at support@stabolut.com. We do not discriminate against you for exercising your rights under the CCPA.
GDPR: If you are a resident of the European Economic Area (EEA), you have certain data protection rights under the GDPR, including:
The right to access, update, or delete the personal data we hold about you
The right of rectification if the information we hold is inaccurate or incomplete
The right to object to our processing of your personal data
The right of restriction, meaning you can request that we limit our processing of your personal data
The right to data portability, allowing you to obtain and reuse your personal data for your own purposes
The right to withdraw consent to the processing of your personal data at any time
To exercise any of your GDPR rights, please contact us at support@stabolut.com. We will respond to your request within one month, and we may require you to verify your identity before proceeding with your request.
11. Contact Us
If you have any questions about this Privacy Policy, or to exercise your rights under Seychelles Privacy Laws, CCPA, GDPR, or if you have specific concerns related to the Wallet for digital asset payments, please contact us by email: support@stabolut.com