Privacy & Cookies

prēcinct Ltd ("prēcinct," "we," "us," or "our"), an exempted company incorporated in the Cayman Islands, respects your privacy. This Policy explains how we collect, use, and protect your personal data when you visit our website, submit pre-applications, or interact with our bitcoin-collateralized mortgage services. It includes cookie details and AML/KYC practices.

1. Data We Collect

• Personal details: Name, email, phone, nationality, property information (e.g., address in Lisbon or Cape Town).

• Financial data: Bitcoin holdings, property values (for eligibility reviews).

• Technical data: IP address, browser type, device info, cookies.

• Usage data: Interactions with our site, wealth calculator.

2. How We Use Your Data

• To process pre-applications and assess eligibility for Genesis Fund mortgages.

• For KYC/AML compliance, including sharing with partners like BitGo or Appleby.

• To communicate updates, marketing (with consent), or respond to queries.

• To improve services, analyze trends in cross-border financing.

• For legal obligations, e.g., under Cayman AML laws or global regs like GDPR.

3. Data Sharing

• With affiliates, service providers (e.g., custodians for bitcoin collateral).

• Legal counsel and regulators as required.

• Not sold to third parties; shared only for business purposes or with consent.

4. Data Security

• We use encryption, firewalls, and secure custody (e.g., BitGo multi-sig wallets).

• Bitcoin collateral is segregated, never rehypothecated.

• Retention: As long as needed for services or legal requirements (e.g., 7 years for AML).

5. Your Rights

• Access, correct, delete, or restrict your data.

• Withdraw consent (e.g., for marketing).

• For EU residents: GDPR rights apply; contact us to exercise.

• Complaints: To us first, then relevant authority (e.g., Cayman Ombudsman).

6. International Transfers

• Data may transfer outside your jurisdiction (e.g., to Cayman or Switzerland for custody). We ensure adequate protections.

7. AML/KYC Practices

• All applicants undergo KYC/AML checks via third-party tools, including ID verification, source of funds (e.g., bitcoin origins), and sanctions screening.

• Data shared with regulators, custodians (BitGo), and counsel as needed.

• Bitcoin collateral monitored for suspicious transactions.

• We report under Cayman AML laws and global standards (e.g., FATF).

• Provide accurate info; false data may lead to rejection or reporting.

8. Cookies

• Types: Essential (site operation), analytics (track visits, e.g., Google Analytics), functional (preferences). No advertising.

• Management: Consent via banner; browser settings to block (may affect use).

• Third parties may set cookies; see their policies.

9. Changes

• We may update this Policy; check for changes.

Contact

• Email: clients@precinct.finance.