Virtual currency policy

What is the policy?

• Listings promoting or selling virtual currency, including cryptocurrencies such as Bitcoin, Ethereum, and other digital assets, are not allowed on Ventio.
• Listings offering virtual currency mining contracts or virtual currency paper wallets are prohibited.
• Listings for virtual currency mining hardware and hardware wallets are permitted, provided they do not include any virtual currency.

Additional Info

• Cyprus regulates cryptocurrency activities in alignment with the EU Markets in Crypto-Assets Regulation (MiCA), which from December 2024 sets unified standards for crypto-asset service providers (CASPs) including registration, consumer protection, and transparency.
• The Cyprus Securities and Exchange Commission (CySEC) supervises crypto-related activities to enforce

AML/CTF requirements, requiring due diligence, transaction monitoring, and customer identification for companies involved in crypto asset services.

• Virtual currency itself is not recognized as legal tender in Cyprus but can be held as an asset; however, its commercial sale is subject to stringent licensing and regulatory restrictions.
• Sellers should avoid promoting or offering any form of direct cryptocurrency transfer or exchange without proper regulatory authorization under Cyprus and EU law.
• Ventio prohibits virtual currency listings to ensure marketplace compliance with evolving jurisdictional legal obligations and to protect consumer safety and fraud prevention.

Activity on Ventio must comply with this policy, the Ventio User Agreement, and all applicable Cyprus and EU laws covering cryptocurrency regulation, anti-money laundering (AML), counter-terrorist financing (CTF), and consumer protection. Non-compliance may result in removal of listings, warnings, account restrictions, or suspension.

Why does Ventio have this policy?

This policy ensures that Ventio’s marketplace operates within Cyprus’s and the European Union’s legal frameworks governing virtual currencies, which emphasize financial integrity, consumer protection, and anti- money laundering. By prohibiting the listing of virtual currencies, Ventio reduces fraud risk, ensures compliance with CySEC and EU guidelines, and maintains a safe, lawful environment consistent with EU digital finance regulations including MiCA and national AML laws.