BitLease Technologies Ltd. A subsidiary of 49G Holding Incorporated in Abu Dhabi Global Market (ADGM)Registration No.: 34619
Last Updated: 21 March 2026
Effective Date: 21 March 2026
Version: 3.0
BitLease Technologies Ltd. (“BitLease,” “Company,” “we,” “us,” or “our”) is committed to protecting the privacy, confidentiality, and security of your personal data. This Privacy Policy explains how we collect, use, store, share, protect, and delete your personal data when you access or use the BitLease platform, website, mobile application, APIs, and related services (collectively, the “Platform”).
We believe transparency is the foundation of trust, and this document is designed to give you a clear, complete picture of how your data is handled at every stage.
This Policy applies to:
BitLease Technologies Ltd. is the data controller for all personal data processed in connection with the Platform. We determine the purposes and means of processing your data and are accountable for its protection.
We process your data in accordance with all applicable data protection legislation, including but not limited to:
Where data protection requirements differ across jurisdictions, we apply the highest standard of protection applicable to the relevant data subject.
BitLease is a structured digital asset financing platform that follows a business model based on a "Lease-to-Own" (LTO) structure, which is incorporated in ADGM as a subsidiary of 49G Holding. BitLease is not a cryptocurrency exchange, trading platform, or broker-dealer. It does not maintain an order book, allow peer-to-peer trading, or provide any spot, margin, or derivatives trading services. All "LTO" contracts are quoted in stablecoins. Any data processed through the platform is only used for purposes directly associated with structured financing, contract management, and operational activities, with no association with any trading/exchange activities.
BitLease does not provide services to citizens, nationals, residents, or tax residents of the United States of America. If we determine that a user is a US person, their account will be restricted, and data will be handled in accordance with Section 6 (Retention) and applicable law.
We collect only the information necessary to deliver, secure, and improve our services and to meet our legal obligations. Here is exactly what that includes.
Account Registration Data:
Identity Verification (KYC/KYB) Data:
For Institutional Lessors (KYB):
Financial and Transaction Data:
Communications Data:
Device and Technical Data:
Usage and Behavioral Data:
Cookies and Similar Technologies: Detailed in Section 10.
| Source | Data Received | Purpose |
|---|---|---|
| Identity verification providers | KYC/KYB results, document authenticity scores, and facial match scores | Identity verification and fraud prevention |
| Sanctions screening providers | Match/no-match against OFAC SDN, EU, UN, UK, and other sanctions lists | Sanctions compliance |
| PEP database providers | PEP status, risk classification | Enhanced Due Diligence |
| Adverse media providers | Relevant media mentions and risk alerts | Ongoing monitoring |
| Blockchain analytics providers | Transaction risk scores, wallet clustering, exposure analysis | AML compliance and transaction monitoring |
| Payment processors | Payment confirmations, failed transaction data, and chargeback information | Payment processing and fraud prevention |
| Credit reference agencies | Credit scores, financial health indicators (where applicable and with consent) | Affordability assessment |
| Regulatory authorities | Regulatory inquiries, information requests, and investigation outcomes | Regulatory compliance |
| Partner organizations | Referral data (with your consent where required) | Account creation and partnership management |
We do not purchase personal data from data brokers or third-party marketing lists.
We process your data only for specified, explicit, and legitimate purposes. Each processing activity has a defined legal basis under applicable data protection law. Here is what that looks like in practice.
Processing necessary to perform our contract with you or to take pre-contractual steps at your request:
Processing necessary to comply with our legal obligations:
Processing necessary for our legitimate interests, balanced against your rights and interests:
| Legitimate Interest | Processing Activity | Balancing Consideration |
|---|---|---|
| Platform security | Fraud detection, anomaly detection, and access monitoring | Essential for protecting all users; minimal privacy impact |
| Solvency maintenance | HyperHedge™ data processing, risk modeling, stress testing | Uses aggregated/anonymized data where possible |
| Service improvement | Usage analytics, feature performance analysis, UX research | Anonymized/aggregated; opt-out available |
| Business operations | Internal reporting, financial analysis, capacity planning | Aggregated data; no individual profiling |
| Legal protection | Evidence preservation for potential disputes | Retained only as long as necessary |
| Communication | Service updates, product changes, security alerts | Non-marketing, directly relevant to your use |
| Misuse prevention | Detecting exploitative patterns (e.g., pricing arbitrage attempts) | Necessary to protect platform integrity |
You have the right to object to processing based on legitimate interests. We will cease processing unless we demonstrate compelling legitimate grounds that override your interests.
Processing based on your freely given, specific, informed, and unambiguous consent:
Your right to withdraw: You may withdraw consent at any time by (i) updating your preferences in Platform settings; (ii) clicking “unsubscribe” in marketing emails; or (iii) contacting privacy@bitlease.com
Withdrawal does not affect the lawfulness of processing performed before withdrawal. Withdrawing marketing consent will not affect your access to the Platform or your LTO Contracts.
BitLease does not sell, rent, or trade your personal data. Under no circumstances.
We share your information only as described below, and only to the minimum extent necessary for the specified purpose.
We engage carefully selected third-party service providers who process data on our behalf:
| Provider Category | Representative Provider(s) | Data Shared | Purpose |
|---|---|---|---|
| Digital asset custody | Fireblocks | Wallet addresses, asset data | MPC custody and escrow |
| Identity verification | [Provider name] | ID documents, selfies, biometric data | KYC/KYB processing |
| AML/CTF screening | [Provider name] | Name, DOB, nationality | Sanctions, PEP, adverse media screening |
| Blockchain analytics | [Provider name] | Wallet addresses, transaction data | AML compliance, transaction monitoring |
| Payment processing | [Provider name] | Payment details, amounts | Fiat and stablecoin payment processing |
| Cloud infrastructure | [Provider name] | All hosted data (encrypted) | Secure data hosting and processing |
| Customer support | [Provider name] | Contact info, ticket content | Support ticket management |
| Communication | [Provider name] | Email, phone | Transactional notifications |
All service providers are bound by Data Processing Agreements (DPAs) requiring them to:
We may be required to disclose your data to:
Where legally permitted, we will notify you of regulatory or legal requests involving your data.
This section reflects the fundamental architecture of the BitLease model and is central to how we protect your privacy:
Client data and Lessor data are permanently, structurally, and irrevocably separated.
This firewall mirrors the confidentiality protections that banks maintain between depositor data and borrower data. A Client of a bank does not know which depositors’ funds were used for their loan, and the reverse is equally true. BitLease applies the same principle with additional technical enforcement.
Because BitLease is not an exchange, broker, or market maker:
In the event of a merger, acquisition, corporate restructuring, or substantial asset sale:
BitLease operates globally and may transfer your data to countries with different data protection standards than your country of residence. We ensure that all international transfers are protected by appropriate safeguards.
| Origin | Transfer Mechanism |
|---|---|
| EU/EEA | Standard Contractual Clauses (SCCs, Commission Decision 2021/914); Adequacy decisions; or supplementary measures per Schrems II |
| UK | UK International Data Transfer Agreement (IDTA) or UK Addendum to EU SCCs; UK Adequacy Regulations |
| ADGM | ADGM Data Protection Regulations 2021 transfer provisions (adequate jurisdictions or contractual safeguards) |
| DIFC | DIFC Data Protection Law transfer provisions (where applicable) |
| Singapore | PDPA transfer provisions (comparable protection standard or contractual safeguards) |
| Other | Applicable local transfer mechanisms; explicit consent where no other mechanism is available |
Before transferring data to a new jurisdiction, we conduct a Transfer Impact Assessment evaluating the legal framework, government access practices, and enforceability of data subject rights in the destination country. Where risks are identified, we implement supplementary technical measures (such as encryption and pseudonymization) to mitigate those risks.
We retain your data only as long as necessary for the purposes for which it was collected, or as required by law. When retention is no longer justified, data is securely deleted or irreversibly anonymized.
| Data Category | Retention Period | Legal / Regulatory Basis |
|---|---|---|
| Account registration data | Duration of active account + 7 years after account closure | Financial services record-keeping; tax requirements |
| KYC/AML documents and records | 7 years after end of business relationship (or longer if required by jurisdiction) | FATF Rec. 11; EU AMLD Art. 40; UAE AML Law; UK MLR 2017; Singapore CDSA |
| KYB (Lessor) documents | 7 years after end of business relationship | Same as above |
| Biometric data (facial geometry) | Deleted immediately after identity verification completion. NOT retained by BitLease. | Data minimization principle; processed only by verification partner |
| LTO Contract records | 10 years after contract completion, termination, or Buyout | Financial record-keeping; leasing regulations; statute of limitations |
| Transaction records (payments, Buyouts, settlements) | 10 years after the transaction | Financial record-keeping; AML requirements; tax reporting |
| Affordability assessment records | 7 years after assessment | Consumer credit/leasing regulations; responsible lending documentation |
| Communications and support records | 5 years after last interaction | Customer service standards; dispute resolution |
| Complaints and resolution records | 7 years after resolution | FCA complaint handling requirements; equivalent regulatory standards |
| STR/SAR filing records | As required by FIU/regulatory authority (typically not time-limited) | AML law (BitLease cannot delete STR records without regulatory permission) |
| Usage and analytics data | 24 months from collection (then aggregated and anonymized) | Legitimate interest (balanced with privacy) |
| Marketing consent records | Duration of consent + 3 years after withdrawal | Consent documentation and accountability |
| Website visitor data (cookies) | Per cookie type (see Section 10) | Consent or legitimate interest |
Upon expiry of the retention period:
Your data protection is not just an exercise in compliance, but an integral part of the trust that underpins the BitLease concept. Without trust in data security from both the Clients and the Lessors, the Direct Counterparty model cannot function effectively. Security has been designed into the system, rather than being an afterthought.
Encryption:
Access Security:
Infrastructure Security:
Testing and Audit:
We maintain a documented incident response plan compliant with applicable notification requirements:
Detection: Continuous monitoring with automated alerting for potential breaches.
Assessment: Rapid assessment of scope, severity, and affected data subjects within 24 hours of detection.
Notification:
Remediation: Root cause analysis, containment, remediation, and preventive measures.
Documentation: All breaches, including those not requiring notification, are logged in an internal breach register with full documentation.
Depending on your jurisdiction and applicable law, you have a range of rights regarding your personal data. We are committed to facilitating the exercise of these rights promptly and free of charge (unless requests are manifestly unfounded or excessive).
Right of Access (GDPR Art. 15; PDPA s.21; DIFC DPL Art. 33): You may request confirmation of whether we process your data, a copy of that data, and information about how it is processed. We will provide this in a structured, commonly used format.
Right to Rectification (GDPR Art. 16; PDPA s.22; DIFC DPL Art. 34): You may request correction of inaccurate data or completion of incomplete data. We will correct verified inaccuracies without undue delay.
Right to Erasure / “Right to be Forgotten” (GDPR Art. 17; DIFC DPL Art. 35): You may request deletion of your data. We will comply unless retention is required by law. There are specific limitations you should be aware of:
Right to Restrict Processing (GDPR Art. 18; DIFC DPL Art. 36): You may request restriction of processing while (i) you contest accuracy; (ii) processing is unlawful but you prefer restriction over deletion; (iii) we no longer need the data but you require it for legal claims; or (iv) you have objected to processing pending verification.
Right to Data Portability (GDPR Art. 20; DIFC DPL Art. 38): You may receive your data in a structured, commonly used, machine-readable format (JSON or CSV) and transmit it to another controller. This applies to data you provided to us, processed by automated means, based on consent or contract.
Right to Object (GDPR Art. 21; DIFC DPL Art. 37): You may object to processing based on legitimate interests. We will cease processing unless we demonstrate compelling legitimate grounds. You have an absolute right to object to direct marketing at any time.
Rights Related to Automated Decision-Making (GDPR Art. 22; DIFC DPL Art. 40): You have the right not to be subject to decisions based solely on automated processing that produce legal or similarly significant effects. Where we use automated decision-making (e.g., in affordability assessments or risk scoring):
Right to Withdraw Consent: Where processing is based on consent, withdrawal is available at any time via platform settings or by contacting us.
Right to Lodge a Complaint: You may file a complaint with the relevant supervisory authority:
Submit a request: privacy@bitlease.com or through the Privacy section in your platform settings.
Identity verification: We will verify your identity before processing any request. This is to protect your data from unauthorized access. We may ask for additional verification if the request is sensitive or unusual.
Response timeline:
Cost: Free, unless requests are manifestly unfounded or excessive (in which case we may charge a reasonable fee or refuse, with explanation).
Given the financial nature of BitLease’s services, we apply protections that go beyond standard data protection requirements.
Although BitLease is not a bank, we apply confidentiality standards equivalent to banking secrecy. obligations:
Where applicable, BitLease complies with Payment Card Industry Data Security Standard (PCI DSS) requirements. Credit/debit card numbers are never stored on BitLease systems. They are tokenized by our PCI-compliant payment processor.
In compliance with AML regulations, BitLease conducts ongoing automated transaction monitoring.
Platform reference prices displayed to you are proprietary to BitLease:
Data collected for affordability assessments is:
| Cookie Type | Purpose | Requires Consent? | Retention |
|---|---|---|---|
| Strictly Necessary | Platform functionality, security, authentication, session management, fraud prevention | No (essential) | Session or up to 12 months |
| Performance & Analytics | Understanding usage patterns, page performance, and error rates | Yes | Up to 24 months |
| Functional | Remembering preferences, language, and display settings | Yes | Up to 12 months |
| Marketing | Not currently used. If introduced, it will require your explicit consent. | Yes | N/A |
We use [e.g., Google Analytics / Mixpanel / equivalent] with the following privacy protections:
You can manage cookies via:
BitLease honors the browser's “Do Not Track” (DNT) signals. When DNT is enabled, all non-essential tracking is disabled.
BitLease does not intentionally collect special category data (racial or ethnic origin, political opinions, religious beliefs, trade union membership, genetic data, health data, sexual orientation) unless necessary for a specific, disclosed purpose.
Facial geometry data collected during identity verification:
We acknowledge that certain non-sensitive data may indirectly reveal sensitive information (e.g., nationality may correlate with ethnicity). We apply the principle of data minimization and do not draw inferences from such data beyond what is necessary for our stated purposes.
The Platform is restricted to individuals aged eighteen (18) or above, or the age of legal majority in their jurisdiction, whichever is greater. We do not knowingly collect data from minors. If we discover that data has been collected from a minor:
The Platform may contain links to third-party websites, applications, or services. We are not responsible for their privacy practices. We encourage you to review the privacy policy of any third-party service before providing personal data. Links to third parties do not constitute endorsement by BitLease.
BitLease has appointed a Data Protection Officer (DPO) who is responsible for overseeing compliance with this policy and applicable data protection law.
Contact the DPO: Email: dpo@bitlease.com Postal: Data Protection Officer, BitLease Technologies Ltd., [Registered Address]
The DPO can be contacted directly by any data subject and operates with independence from business operations, as required by applicable law.
Material changes to this policy will be communicated via
Where changes materially affect the legal basis or scope of processing, we will seek renewed consent where required by law.
Previous versions of this Policy are available upon request from privacy@bitlease.com.
BitLease Technologies Ltd. A subsidiary of 49G Holding Ltd. Incorporated in Abu Dhabi Global Market (ADGM) Registered Address: Unit PC-1, Level 7, Al Maryah Tower, Abu Dhabi Global Market Square, Abu Dhabi, Al Maryah Island, United Arab Emirates
ADGM Registration No.: 34619
| Department | |
|---|---|
| Data Protection Officer | dpo@bitlease.com |
| Privacy Inquiries | privacy@bitlease.com |
| General Inquiries | info@bitlease.com |
| Complaints | complaints@bitlease.com |
| Security Incidents | security@bitlease.com |
| EU Representative | eu-privacy@bitlease.com |
| UK Representative | uk-privacy@bitlease.com |
Website: www.bitlease.com