Privacy Policy

1. Introduction

Blockstreet ("we," "us," or "our") operates the blockstreet.xyz website (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.

We are committed to protecting your privacy and handling your data in an open and transparent manner. The personal data that we collect and process will vary depending on how you use our Service.

2. Information We Collect

Information You Provide

• Contact Information: When you contact us or sign up for updates, we may collect your name, email address, and any other information you choose to provide.
• Communication Data: We collect information contained in any inquiry you submit to us regarding our services.
• Newsletter Data: If you subscribe to our newsletter, we collect your email address and subscription preferences.

Information Collected Automatically

• Usage Data: We collect information about how the Service is accessed and used. This may include your IP address, browser type, browser version, the pages of our Service that you visit, the time and date of your visit, and other diagnostic data.
• Cookies and Tracking Technologies: We use cookies and similar tracking technologies to track activity on our Service and hold certain information. You can instruct your browser to refuse all cookies or to indicate when a cookie is being sent.

3. How We Use Your Information

We use the collected data for various purposes:

• To provide and maintain our Service
• To notify you about changes to our Service
• To provide customer support
• To gather analysis or valuable information so that we can improve our Service
• To monitor the usage of our Service
• To detect, prevent and address technical issues
• To send you newsletters and marketing communications (with your consent)
• To comply with legal obligations
• To conduct sanctions screening and verify that users are not located in prohibited jurisdictions or identified on OFAC sanctions lists
• To fulfill regulatory compliance obligations, including Know Your Customer (KYC), Anti-Money Laundering (AML), and Counter-Terrorism Financing (CTF) requirements
• To prevent fraud, money laundering, and other illicit activities in connection with our platform and the broader cryptocurrency ecosystem

4. Data Sharing and Disclosure

We do not sell, trade, or rent your personal information to third parties. We may share your information in the following situations:

• Service Providers: We may share your information with third-party service providers who perform services on our behalf, such as hosting, analytics, email delivery, identity verification (KYC), and blockchain analytics providers.
• Legal Requirements: We may disclose your information if required to do so by law or in response to valid requests by public authorities.
• Regulatory Compliance: We may disclose information to comply with U.S. sanctions laws, including reports to OFAC, FinCEN, or other regulatory bodies. This includes sharing information in response to subpoenas, court orders, or regulatory investigations related to sanctions violations, money laundering, or other financial crimes.
• Sanctions Screening Providers: We may share limited information with third-party compliance service providers that assist us in conducting sanctions screening, wallet address analysis, and blockchain forensics to ensure compliance with applicable laws.
• Law Enforcement: We may proactively report suspected sanctions violations, fraud, or other illegal activities to appropriate law enforcement or regulatory agencies.
• Business Transfers: In the event of a merger, acquisition, or sale of assets, your information may be transferred to the acquiring entity.
• Consent: We may share your information with your consent or at your direction.

5. Data Security

We implement appropriate technical and organizational security measures to protect your personal data against accidental or unlawful destruction, loss, alteration, unauthorized disclosure, or access. However, no method of transmission over the Internet or electronic storage is 100% secure, and we cannot guarantee absolute security.

6. Data Retention

We will retain your personal data only for as long as necessary to fulfill the purposes for which it was collected, including for the purposes of satisfying any legal, accounting, or reporting requirements. When we no longer need to retain your personal data, we will securely delete or anonymize it.

7. Your Data Protection Rights

Depending on your location, you may have the following rights regarding your personal data:

• Access: The right to request copies of your personal data.
• Rectification: The right to request correction of inaccurate personal data.
• Erasure: The right to request deletion of your personal data.
• Restriction: The right to request restriction of processing your personal data.
• Portability: The right to request transfer of your personal data to another organization.
• Objection: The right to object to our processing of your personal data.
• Withdrawal of Consent: The right to withdraw consent where we rely on consent to process your personal data.

To exercise any of these rights, please contact us using the contact information provided below.

8. International Data Transfers

Your information may be transferred to and maintained on computers located outside of your state, province, country, or other governmental jurisdiction where the data protection laws may differ from those of your jurisdiction. If you are located outside the United States and choose to provide information to us, please note that we transfer the data to the United States and process it there.

9. Sanctions Compliance & Prohibited Jurisdictions

Blockstreet is committed to complying with all applicable U.S. laws and regulations, including those administered by the Office of Foreign Assets Control ("OFAC") of the U.S. Department of the Treasury, the Financial Crimes Enforcement Network ("FinCEN"), and other relevant regulatory bodies governing cryptocurrency and digital asset activities.

Prohibited Jurisdictions

Our services, including but not limited to the Blockstreet website, launchpad platform, and any activities related to the BLOCK token or USD1 ecosystem, are NOT available to individuals or entities located in, organized under the laws of, or ordinarily resident in countries or regions subject to comprehensive U.S. sanctions. As of the effective date of this policy, these include:

• Cuba
• Iran
• North Korea (Democratic People's Republic of Korea)
• Syria
• Crimea region of Ukraine
• Donetsk People's Republic (DNR/DPR) region of Ukraine
• Luhansk People's Republic (LNR/LPR) region of Ukraine

Additionally, our services may be restricted or unavailable to residents of other jurisdictions where targeted sanctions, sectoral sanctions, or other regulatory restrictions apply, including but not limited to certain sectors or individuals in Russia, Belarus, Venezuela, and Burma (Myanmar). This list is subject to change in accordance with updates from OFAC and other regulatory authorities.

Specially Designated Nationals (SDN) List Compliance

Blockstreet does not engage with, and expressly prohibits the use of our services by, any individual or entity identified on:

• OFAC's Specially Designated Nationals and Blocked Persons List (SDN List)
• OFAC's Sectoral Sanctions Identifications List (SSI List)
• OFAC's Foreign Sanctions Evaders List (FSE List)
• The Consolidated Sanctions List maintained by the U.S. Department of the Treasury
• Any other sanctions lists maintained by U.S. government agencies or applicable international bodies

This prohibition applies regardless of the individual's or entity's geographic location.

User Representations & Warranties

By accessing or using Blockstreet's services, you represent and warrant that:

• You are not located in, under the control of, or a national or resident of any prohibited jurisdiction listed above
• You are not identified on, or owned or controlled by any person or entity identified on, any OFAC sanctions list
• You are not using any virtual private network (VPN), proxy service, or other means to circumvent geographic restrictions or mask your true location
• Any cryptocurrency wallet addresses you use with our services are not associated with any sanctioned individual, entity, or jurisdiction
• You will not use our services to facilitate transactions with or for the benefit of any sanctioned party
• You will immediately cease using our services if you become subject to any sanctions or relocate to a prohibited jurisdiction

Compliance Measures

To ensure compliance with applicable sanctions laws, Blockstreet may implement and maintain the following measures:

• Identity Verification: Know Your Customer (KYC) and Know Your Business (KYB) procedures to verify user identities and locations
• Sanctions Screening: Regular screening of users and transaction counterparties against OFAC sanctions lists and other relevant databases
• Wallet Address Screening: Analysis of cryptocurrency wallet addresses using blockchain analytics tools to identify connections to sanctioned parties or illicit activities
• Geographic Controls: IP geolocation tools and other technical measures to identify and restrict access from prohibited jurisdictions
• Transaction Monitoring: Ongoing monitoring of platform activity to detect and prevent sanctions violations
• Recordkeeping: Maintenance of records as required by applicable regulations

Consequences of Violation

If Blockstreet determines or reasonably suspects that a user has violated this policy or applicable sanctions laws, we reserve the right to:

• Immediately suspend or terminate access to our services without prior notice
• Block, freeze, or restrict any associated accounts, assets, or transactions
• Report the violation to OFAC, FinCEN, law enforcement, or other appropriate authorities
• Cooperate fully with government investigations and regulatory inquiries
• Take any other action we deem necessary to comply with applicable laws

Users who violate this policy may be subject to civil and criminal penalties under U.S. law, including substantial fines and imprisonment.

Regulatory Updates

OFAC sanctions programs are dynamic and subject to frequent change. We regularly monitor regulatory developments and update our compliance measures accordingly. For the most current information on OFAC sanctions programs, please visit the official OFAC website at ofac.treasury.gov. Users are responsible for ensuring their continued compliance with all applicable laws and regulations.

10. Children's Privacy

Our Service is not directed to individuals under the age of 18. 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.

11. Third-Party Links

Our Service may contain links to third-party websites or services that are not operated by us. We have no control over and assume no responsibility for the content, privacy policies, or practices of any third-party sites or services. We encourage you to review the privacy policies of these third-party sites.

12. Future Services and Platform Features

As we expand our services to include features such as our launchpad platform, additional data collection and processing activities may be necessary. We will update this Privacy Policy accordingly and, where required, seek your consent for new processing activities. Any transactional services will be subject to enhanced privacy protections and additional terms.

13. Changes to This Privacy Policy

We may update our Privacy Policy from time to time. We will notify you of any changes by posting the new Privacy Policy on this page and updating the "Last updated" date at the top of this Privacy Policy. You are advised to review this Privacy Policy periodically for any changes.