Launchpad KYC/AML Policy
Scope
Pixpel Launchpad is operated by Pixpel FZ-LLC, a Free Zone Limited Liability Company incorporated in Ras Al Khaimah, United Arab Emirates (trade license no. 47013369). Pixpel applies Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures in line with international standards.
Triggers
KYC/AML checks are required in the following cases:
- When a Developer creates a Rocket (mandatory KYB/KYC).
- When a Player contributes above 1,000 USDT equivalent in a single transaction.
- When a Player's cumulative contributions exceed 5,000 USDT equivalent in a rolling 12-month period.
- Enhanced due diligence may be requested when contributions exceed 10,000 USDT equivalent.
- When flagged activity is detected (e.g., high-risk jurisdictions, suspicious behavior).
Process
KYC/AML checks are required in the following cases:
- Verification is performed by regulated third-party providers.
- Pixpel stores only reference IDs and outcome codes (pass/fail, risk score).
- Raw documents are never stored by Pixpel, in accordance with the Privacy Policy.
Process
All users are screened against international sanctions lists (OFAC, EU, UN, HMT).
Jurisdictional Restrictions
Residents/citizens of the United States, United Kingdom, European Union, and sanctioned countries cannot use Pixpel Launchpad.
Jurisdictional Restrictions
Residents/citizens of the United States, United Kingdom, European Union, and sanctioned countries cannot use Pixpel Launchpad.
Data Retention
KYC/AML records are retained for 5 years, then securely deleted.
Compliance Responsibility
Pixpel FZ-LLC ensures compliance with UAE law and applicable international AML standards, and coordinates with third-party providers for verification processes.