Disclaimer

This website is owned and operated by IDA Finance Hong Kong Limited (“IDA”). The information provided on this website is subject to the following disclaimers.

Jurisdictional Restriction: This website is intended exclusively for individuals or entities residing in or accessing the site from Hong Kong. It is not designed for use by individuals or entities in other jurisdictions. By accessing this website, you confirm that your use complies with all applicable laws and regulations in your location.

Accuracy of Information: IDA strives to ensure the information on this website is accurate and reliable. However, we do not guarantee its completeness, accuracy, or timeliness. IDA is not liable for any loss or damage resulting from reliance on the information provided here, including decisions made based on such information.

No Financial Advice: The content on this website is for informational purposes only and should not be construed as tax, legal, financial, or investment advice. Nothing on this website constitutes an offer or solicitation to buy or sell any financial instruments or make any investments. Users should seek advice from professional advisors for their specific circumstances. IDA makes no representation or warranty regarding the suitability, advisability, or appropriateness of any financial products and is not acting as fiduciaries or financial advisors for users. Users are solely responsible for determining whether any financial product is suitable for their needs based on their own judgment and assessment of risks.

No Warranty: The services and information on this website are provided "as is" and "as available" without warranties of any kind, either expressed or implied, including, but not limited to, warranties of merchantability, fitness for a particular purpose, title, or non-infringement. IDA is not liable for technical failures, interruptions, or vulnerabilities affecting the website's functionality. IDA makes reasonable efforts to maintain the value of its stablecoin and provide related services but is not responsible for any loss of value, performance failures, service interruptions, damages, or lost profits arising from your use of its products.

Risks of Stablecoins: Transactions involving stablecoins and other digital assets carry significant risks, including potential loss of principal. Users should fully understand these risks and consider their financial capacity and risk tolerance before engaging in any transactions. The regulatory environment continually evolves, and users must stay informed about any changes affecting their investments.

Jurisdiction-Specific Provisions: Users should be aware that the regulatory environment for digital assets in Hong Kong includes specific measures. The Securities and Futures Commission (“SFC”) and the Hong Kong Monetary Authority (“HKMA”) regulate virtual asset trading platforms and custodial services.

Compliance Responsibility: Users are responsible for ensuring full compliance with all applicable laws and regulations related to using, purchasing, and selling stablecoins within their respective jurisdictions. Any legal consequences resulting from non-compliance are the sole responsibility of the user.

Liability Limitation: IDA makes reasonable efforts to maintain the value and provide related services but is not responsible for any loss of value, performance failures, service interruptions, damages, or lost profits resulting from your use of any of its products or services.

Secure Practices: Users are advised to carefully evaluate wallet and custody solutions for safe storage and management of stablecoins. IDA is not responsible for any risks associated with the user's chosen custody solutions. Users should exercise caution and implement secure practices when dealing with stablecoins and related technologies.

User Responsibility: Users must stay informed about the risks and regulations associated with stablecoins. IDA encourages users to regularly review their understanding of these aspects to ensure informed decision-making.

Risk Acknowledgment: By using this website, you acknowledge and accept the inherent risks associated with stablecoins, including financial loss, regulatory changes, and technical issues.

No Guarantee of Availability: IDA does not guarantee the continuous availability of the website or the services provided. There may be times when the website is unavailable due to maintenance, technical issues, or other reasons.

This disclaimer is governed by the laws of Hong Kong. Any disputes arising from the use of this website shall be brought exclusively before the courts of Hong Kong.

Contact Information:

If you have any questions or concerns about this disclaimer, please contact us at dpo@idafi.xyz.

Last Updated: July 2024