Terms & Conditions

TERMS OF SERVICE

Last updated: April 2026

1. Introduction

These Terms of Service ("Terms") govern your use of the website located at chainsett.com and any services provided by Chainsett ("we," "us," "our"). By accessing our website or engaging our services, you agree to be bound by these Terms in full. If you do not agree with any part of these Terms, you must not use our website or services.

Chainsett is a digital asset payment infrastructure firm providing crypto payment integration, Know Your Transaction (KYT) compliance, and cryptocurrency accounting services to businesses. These Terms apply to all clients, visitors, and users of our website and services.

2. Definitions

"Client" means any individual or business entity that engages Chainsett for services under a separate service agreement.

"Services" means crypto payment integration, KYT compliance monitoring, cryptocurrency accounting, and any related services provided by Chainsett.

"Website" means the website located at chainsett.com and all associated pages.

"Agreement" means any signed service agreement, proposal, or engagement letter between Chainsett and a Client.

"Digital Assets" means cryptocurrencies, stablecoins, and any other blockchain-based assets handled as part of the Services.

"MiCA" means the EU Markets in Crypto-Assets Regulation (EU) 2023/1114.

3. Services

3.1 Chainsett provides the following core services: — Stablecoin and cryptocurrency payment integration — Know Your Transaction (KYT) compliance monitoring and setup — Cryptocurrency accounting and digital asset bookkeeping — Ongoing compliance reporting and transaction screening — Advisory services related to digital asset payments

3.2 The specific scope of services provided to any Client is defined in the relevant service agreement or proposal agreed between Chainsett and the Client prior to engagement.

3.3 Chainsett reserves the right to modify, suspend, or discontinue any service at any time with reasonable prior notice to affected Clients.

3.4 Chainsett does not provide legal advice, investment advice, or financial advice. Nothing in our services or communications constitutes a recommendation to buy, sell, or hold any digital asset.

4. Eligibility

4.1 By engaging Chainsett's services, you represent and warrant that: — You are at least 18 years of age — You have the legal authority to enter into a binding agreement on behalf of yourself or your business — Your business is lawfully registered and operating in your jurisdiction — You are not located in, or operating under the laws of, any jurisdiction subject to EU or UN sanctions — You will use our services only for lawful business purposes

4.2 Chainsett reserves the right to refuse service to any individual or business at our sole discretion, including where we have reason to believe the engagement would involve unlawful activity, regulatory non-compliance, or reputational risk.

5. Client Obligations

5.1 You agree to: — Provide accurate, complete, and up-to-date information when requested — Cooperate fully with our onboarding and compliance processes — Notify Chainsett promptly of any material changes to your business, payment volumes, or regulatory status — Not use our services to facilitate money laundering, terrorist financing, fraud, or any other unlawful activity — Maintain the confidentiality of any account credentials, API keys, or access information provided as part of our services — Comply with all applicable laws and regulations in your jurisdiction, including but not limited to AML, KYC, and digital asset regulations

5.2 You acknowledge that failure to meet these obligations may result in immediate suspension or termination of services.

6. Fees and Payment

6.1 All fees for services are set out in the relevant service agreement or proposal. Chainsett reserves the right to update its pricing with reasonable prior notice.

6.2 Invoices are due within 14 days of issue unless otherwise agreed in writing.

6.3 Late payments may incur interest at a rate of 2% per month on the outstanding balance.

6.4 All fees are exclusive of VAT or any other applicable taxes unless expressly stated otherwise. Clients are responsible for any taxes applicable in their jurisdiction.

6.5 Chainsett does not issue refunds for services already rendered. In cases where a project is cancelled prior to completion, fees will be charged on a pro-rata basis for work completed.

6.6 Disputed invoices must be raised in writing within 7 days of receipt. Failure to dispute within this period constitutes acceptance of the invoice.

7. Intellectual Property

7.1 All content on the Chainsett website — including text, graphics, logos, and design — is the intellectual property of Chainsett and may not be reproduced, distributed, or used without our prior written consent.

7.2 Any custom deliverables, documentation, or reports produced by Chainsett for a Client become the Client's property upon full payment of all outstanding fees.

7.3 Chainsett retains the right to use general methodologies, frameworks, and know-how developed during engagements for future client work, provided no confidential Client information is disclosed.

8. Confidentiality

8.1 Both parties agree to keep confidential all non-public information shared during the engagement, including business data, financial information, technical details, and strategic plans.

8.2 Confidentiality obligations do not apply to information that: — Is or becomes publicly available through no fault of the receiving party — Was already known to the receiving party prior to disclosure — Is required to be disclosed by law, regulation, or court order

8.3 Confidentiality obligations survive termination of these Terms or any service agreement for a period of three years.

9. Data Protection

9.1 Chainsett processes personal data in accordance with applicable EU data protection laws, including the General Data Protection Regulation (GDPR) (EU) 2016/679.

9.2 Personal data collected from Clients and website visitors is used solely for the purposes of providing services, communicating with Clients, and meeting legal obligations.

9.3 Chainsett does not sell, rent, or share personal data with third parties except where required to deliver the services or comply with legal obligations.

9.4 Full details of how we collect, use, and protect personal data are set out in our Privacy Policy, available at chainsett.com/privacy.

9.5 By using our services, you consent to the processing of your personal data as described in our Privacy Policy.

10. Compliance and Regulatory Obligations

10.1 Chainsett operates under EU MiCA regulation and applicable AML/CFT frameworks. We are required by law to conduct due diligence on all Clients and may request documentation including but not limited to: — Proof of business registration — Identification of beneficial owners — Source of funds documentation — Business activity descriptions

10.2 Clients agree to cooperate fully with all compliance and due diligence requests. Failure to provide requested documentation within a reasonable timeframe may result in suspension or termination of services.

10.3 Chainsett is required to report suspicious activity to relevant authorities in accordance with applicable law. We will not notify Clients of such reports where doing so is prohibited by law.

10.4 Chainsett reserves the right to terminate services immediately and without liability if we determine that continued engagement would create regulatory, legal, or reputational risk.

11. Limitation of Liability

11.1 To the fullest extent permitted by applicable law, Chainsett's total liability to any Client for any claim arising out of or in connection with our services shall not exceed the total fees paid by that Client in the three months preceding the claim.

11.2 Chainsett shall not be liable for: — Loss of profits, revenue, or business opportunities — Loss of data or information — Indirect, consequential, or incidental damages — Losses arising from regulatory changes, blockchain network failures, or third-party service disruptions — Losses arising from a Client's failure to follow our recommendations or comply with applicable regulations

11.3 Nothing in these Terms excludes or limits liability for fraud, gross negligence, or any liability that cannot be excluded under applicable law.

12. Indemnification

You agree to indemnify and hold harmless Chainsett, its directors, employees, and contractors from and against any claims, damages, losses, and expenses — including reasonable legal fees — arising from: — Your use of our services — Your breach of these Terms — Your violation of any applicable law or regulation — Any third-party claims arising from your business activities

13. Third-Party Services

13.1 Our services may involve integration with or reference to third-party platforms, tools, or service providers including payment processors, blockchain networks, KYT providers, and accounting software.

13.2 Chainsett is not responsible for the availability, accuracy, or performance of third-party services. Any issues arising from third-party service failures are beyond our control and do not constitute a breach of our obligations.

13.3 Links to third-party websites on our website are provided for convenience only. Chainsett does not endorse or take responsibility for the content of any third-party website.

14. Disclaimers

14.1 Chainsett provides services on an "as is" basis. We make no warranties, express or implied, regarding the fitness of our services for any particular purpose.

14.2 Cryptocurrency and digital asset markets are inherently volatile and subject to rapid regulatory change. Chainsett does not guarantee any specific outcome, compliance status, or financial result from the use of our services.

14.3 Nothing on our website or in our communications constitutes financial, legal, or investment advice. Always seek independent professional advice before making financial or business decisions.

15. Termination

15.1 Either party may terminate a service engagement by providing 30 days written notice to the other party.

15.2 Chainsett may terminate services immediately and without notice if: — You breach these Terms or your service agreement — You fail to pay outstanding invoices after reasonable notice — We determine that continued engagement creates legal, regulatory, or reputational risk — You become insolvent or enter any form of administration or liquidation

15.3 Upon termination, all outstanding fees become immediately due and payable. Chainsett will provide reasonable assistance in transitioning services to another provider where applicable.

16. Governing Law and Dispute Resolution

16.1 These Terms and any disputes arising from them are governed by the laws of the Republic of Latvia.

16.2 Any disputes shall first be attempted to be resolved through good-faith negotiation between the parties.

16.3 If a dispute cannot be resolved through negotiation within 30 days, it shall be referred to the courts of the Republic of Latvia, which shall have exclusive jurisdiction.

17. Changes to These Terms

17.1 Chainsett reserves the right to update these Terms at any time. Updated Terms will be posted on our website with a revised effective date.

17.2 Continued use of our services following any update constitutes acceptance of the revised Terms.

17.3 Material changes will be communicated to existing Clients via email with at least 14 days notice before taking effect.

18. Severability

If any provision of these Terms is found to be invalid or unenforceable under applicable law, the remaining provisions shall continue in full force and effect.

19. Entire Agreement

These Terms, together with any signed service agreement or proposal, constitute the entire agreement between you and Chainsett with respect to the subject matter herein and supersede all prior agreements, representations, or understandings.

20. Contact

For questions about these Terms, contact us at:

Chainsett Riga, Latvia, European Union info@chainsett.com chainsett.com