Disclaimer

Terms of Use

HashKey Technology Services Pte Ltd (“HTS”) has received approval from the Monetary Authority of Singapore (“MAS”) for its Major Payment Institution licence (“MPIL”) application under the Payment Services Act (“PS Act”), and is currently operating under an transitional exemption from holding a licence for the provision of Digital Payment Token (“DPT”) services for a specified period under the Payment Services (Exemption for Specified Period) Regulations 2019.

Risk Warning on Digital Payment Token Services

The Monetary Authority of Singapore (MAS) requires us to provide this risk warning to you as a customer of a digital payment token (DPT) service provider. 

Before you: 

(a) pay your DPT service provider any money or DPT; or 

(b) pay a third party any money or DPT under an arrangement by your DPT service provider, 

you should be aware of the following. 

1. Your DPT service provider is licensed by MAS to provide DPT services. Please note that this does not mean you will be able to recover all the money or DPTs you paid to your DPT service provider or any other third party referred to above , if your DPT service provider’s or the third party’s business fails. 

1A. You should be aware that MAS does not supervise or regulate your DPT service provider for the provision of unregulated services. This includes any service of trading digital payment token derivatives such as futures. 

2. You should not transact in the DPT if you are not familiar with this DPT. This includes how the DPT is created, and how the DPT you intend to transact is transferred or held by your DPT service provider. 

3. You should be aware that the value of DPTs may fluctuate greatly. You should buy DPTs only if you are prepared to accept the risk of losing all of the money you put into such tokens. 

4. You should be aware that your DPT service provider, as part of its licence to provide DPT services, may offer services related to DPTs which are promoted as having a stable value, commonly known as “stablecoin”.

Website Terms of Use 

Acknowledgements

By accessing, using or clicking “I agree” to any of the information, declarations, notices, services or any other pop-up made available by Hashkey Technology Services Pte. Ltd. (“HTS”) or one of its affiliates through (hts.sg) and its connected webpages, microsites and portals (collectively, the “Site”) or any other related services provided by HTS or its affiliates (collectively, the “Services”) you agree and acknowledge that you have read, understood and accepted these terms of use which incorporate the other terms and conditions and legal notices that appear on this Site (collectively, the “Terms”). 

HTS wholly reserves the right, at our sole discretion, to modify these Terms at any time without notice. Any and all modifications or changes to these Terms shall be effective immediately upon being published on this Site. As such, your continued use of the Services acts as acceptance of the revised Terms and you agree to be bound by the revised Terms. If you do not agree to any modification to these Terms, please 2 leave this Site and cease using the Services immediately. 

You are highly encouraged to review the Terms frequently to ensure you understand the terms and conditions that apply to your access to, and use of, this Site and the Services.

Access to the Site 

HTS cannot and does not guarantee that this Site will operate in accordance with your expectations, will be uninterrupted or error free. All express or implied representations and warranties (whether statutory or otherwise) in respect of this Site or Site content all are excluded, except to the extent that their exclusion is prohibited by law. 

HTS may update this Site from time to time and we reserve the right to modify, restrict access to or close this Site and/or its content at any time. This includes our right, at our sole discretion, to remove any or all of the content that you contribute to this Site. 

No customer-broker relationship between you and HTS is or may be created by your access to or use of this Site or any Site content. Unsolicited messages to HTS through the contact forms or generic mailboxes on this Site will not be considered confidential, may be disclosed to others, may not receive a response, and do not create a customer-broker relationship with HTS. The only way to become our customer is through an agreement between you and us, after we have completed our standard business onboarding process.

Content on the Site 

The content on this Site is for informational purposes only, is not intended to constitute legal or other professional advice, and should not be relied on or treated as a substitute for specific advice relevant to particular circumstances. We make effort to ensure that the content on this Site is accurate and correct, but no warranty or representation is given that such Site content is free from inaccuracies or omissions, or that it is up to date. 

We (or our partners or third parties who have granted us permission to reproduce their content on this Site) own all intellectual property rights on this Site and its content. 

You may not incorporate the content on this Site or any part of it in any other work or publication, whether in hard copy or electronic or any other form. In particular (but without limitation), no part of this Site may be distributed or recopied for any commercial purpose or for a fee. We only permit electronic links that fairly indicate this Site as the destination of the link to pages of this Site and from which the legal notices can be accessed. You may not provide an electronic link to any other page of this Site or to any other documents hosted on this Site without our written consent. Any link to content or information on this Site must be neither misleading nor deceptive. We reserve the right to request that you remove an electronic link to this Site, or to content on this Site, at any time. 

When accessing and using this Site, you must: 

a. comply with all applicable laws and regulatory requirements relating to your use of this Site; 

b. comply with all reasonable instructions we give you relating to this Site; 

c. ensure that all content you send or upload to this Site is legal, not offensive, decent and truthful, does not infringe the Intellectual Property Rights or other rights of us or any third party, is not defamatory, unreliable or misleading or otherwise objectionable and is free of bugs, worms or viruses; 

d. not advertise or sell any goods or services to other users of this Site; and e. not benefit commercially from this Site content

Links and Third-Parties 

As you browse through this Site, you may access other websites that are subject to different terms of use. When using these other sites, you will be bound by the terms and conditions posted on those websites. 

Links to other websites are provided for your convenience only and may not remain current or be maintained. HTS strictly does not endorse, recommend or approve of any information, products or services referred to on such linked sites and we assume no responsibility for the contents of any other website to which this Site offers links.

Liability 

HTS and our affiliates and service providers, and the respective officers, directors, employees, representatives and agents will not assumes responsibility for any indirect, incidental, special, consequential, exemplary damages, or damages for loss of profits including but not limited to, damages for loss of goodwill, use, data, or other intangible losses (even if HTS has been advised of the possibility of such damages), whether based on contract, tort, negligence, strict liability, or otherwise, resulting from: 

a. the use or the inability to use the functions on this Site; 

b. unauthorized access to or alteration of your transmissions or data; or 

c. any other matter relating to the services and/or functions involving the Site and Services. 

To the fullest extent permitted by law in any jurisdiction in respect of relevant loss or damage in respect of this Site, HTS disclaims all liability in respect of or arising from this Site.

Governing Law and Dispute Resolution 

Any dispute or claim between you and HTS arising out of or in connection with this Site or its subject matter (whether allegedly contractual or non-contractual disputes and claims) shall be governed by and construed in accordance with the laws of Singapore. Users of this Site do so on the basis that they thereby submit to the exclusive jurisdiction of the courts of Singapore for the purpose of any such dispute or claim. The rights and protections afforded to HTS and our affiliates and service providers, and the respective officers, directors, employees, representatives and agents under these Terms and elsewhere on this Site shall be deemed to be afforded to, and enforceable also by, each entity and/or each entity’s individual. 

Prevailing Language 

Translated versions of these Terms may be made available in languages other than in English for convenience. The English version of these Terms is the governing version and in the event of any inconsistency or discrepancy between the English version of these Terms and any other translated version, the English version shall prevail.