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Terms of service
DeFi For You Crypto Ethics & Regulation UK
• The crypto digital ecosystem is a challenger to the existing financial system that has managed the economy since the financial services act which was introduced to protect consumers in the late 1990’s.
• We are committed to following UK financial services principles providing a safe and secure environment for users to enjoy DeFi technology within a maintained and secure ecosystem.
• Our time and experience in this sector have allowed us to trial and sandbox varying technologies. Our R&D findings are available to the FCA to assist with creating a safe crypto financial instrument that has the flexibility and scope to provide services that comply with AML and principles for business.
• Our cooperative approach provides the FCA with the assistance needed to bridge the knowledge gap between operators and regulators, thus providing safe and regulated pathways for users.
• Our committed attitude towards regulation is for our users to feel confident with the technology, and confident that their personal information and tokenised assets are safe when transacting within our digital platforms.
• Working towards Prudential standards as an instrument provider.
• Assurance knowing that certain elements within the peer-to-peer transaction process is authorised and regulated by The Financial Conduct Authority. • Clients and users are assured that we are a company that treats customers fairly.
• The operational platform maintains improved security standards that are more secure than the historic frameworks being used by preceding providers.
• The Financial Conduct Authority is preparing regulatory frameworks for crypto asset businesses and crypto intermediaries so they are a safe place for consumers to transact.
• We work in harmony with the regulators ensuring a positive route to safely regulating this technology. Providing a competitive, safe, and fair place for its users.
• People are generally seeking to grow the value of their assets and or perceived investments. The general intention and hopes are that the value of these items increases over time.This does not always happen and the intrinsic value of the tangible or intangible object can go up, down, stay the same or drop to a minus value.
Caveat Emptor - Buyer BewareThe DeFi For You platform, and blockchain technology in general, provides current and future ways of creating digital value and the flow of currency to these financial instruments.
Express terms and conditions apply to all current and future users of the “DeFi For You” digital platform.
Our best efforts are made to ensure that a cooperative approach is applied to the regulations and ethics subscribed by the FCA in relation to this website.The cryptographic business model and trading activities are updated in line with government guidelines. We work with the regulators to make the crypto space a safe place to transact.
Only sophisticated, professional, and/or commercial business-to-business users can use the services provided on this website. To be sophisticated at the basic level you must confirm our terms of business, as well as identify yourself and agree that you will not breach the Anti Money Laundering rules of the United Kingdom of Great Britain and Northern Ireland.
A qualifying user is defined as having the skills to set up a crypto wallet and facilitate transactions, plus an understanding that you may be risking both time and capital – both of which you could end up losing.
You agree to be fully responsible for your own cyber security and you understand and agree that you may lose any tokenised or barter value that you may have accrued which is not covered under FCA non regulated activities.
Please do not accept our terms of business if you do not qualify as a basic user to the services provided. The content of this website has been approved by a certificated person within the meaning of the Financial Services and Markets Act 2000.
Not all services offered on this website are regulated services.
Reliance on this website for the purpose of engaging in any tokenised acquisition and or trade or exchange of a cryptographic token or barter arrangement outside of UK regulated Pawnbroking activity may expose an individual to a significant risk. This includes the risk of losing tokens and whatever stake collateral was used in the acquisition of the token exchange used in acquiring tokens from the “DeFi For You” digital platform.
This website is duly authorised under the approval and granted permissions of the Financial Conduct Authority to conduct regulated credit agreement as Lender (Excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement).
It is authorized to exercise/has the right to exercise lender's rights and duties under a regulated credit agreement (excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement).
It is authorized for the communication of invitations or inducements to engage in tokenized asset lending activity on the grounds that it is made solely to certified or self-certified sophisticated acquirers, certified high networth individuals and investment professionals. You can find definitions of each category here.
Business Trader
You own or operate your own business either as a sole trader or a director of a limited company or registered business enterprise.
Sophisticated Trader
When classifying yourself as a Sophisticated Trader you will be required to confirm the following declaration:I declare that I am a Self-certified Sophisticated Trader for the purposes of the restriction on promotion of non-mainstream pooled digital schemes. I understand that this means:
(i) I can receive promotional communications made by a person who is authorised by the Financial Conduct Authority which relate to activity in non-mainstream pooled trades.
(ii) The trades to which the promotions will relate may expose me to a significant risk of losing all of my tokenised trades.
I am a self-certified sophisticated Trader because at least one of the following applies:
(a) I am a member of a network or syndicate of business angels and have been so for at least the last six months prior.
(b) I have made more than one investment in an unlisted company in the two years prior to this day.
(c) I am working, or have worked in the two years prior to now, in a professional capacity in the private equity sector, or in the provision of finance for small and medium enterprises.
(d) I am currently, or have been in the two years prior, a director of a company with a thorough understanding of RISK.
I accept all risks associated with this company with no recourse on any instrument that I request and understand that unless I am using one of the specific licensed activities then I have no grounds for complaint or reimbursement in any way.
I accept that the opportunities to which the promotions will relate may expose me to a significant risk of losing all the acquisition tokens. I am aware that it is open to me seek advice from someone who specialises in advising on non-mainstream pooled digital opportunities.
High Net Worth Trader
When classifying yourself as a High-Net-Worth Trader you will be required to confirm the following declaration:
I declare that I am a certified High Net Worth Trader for the purposes of Financial Services and Markets Act 2000 (Financial Promotion) Order 2005.I understand that this means:
(a) I can receive financial promotions that may not have been approved by a person authorised by the Financial Conduct Authority.
(b) the content of such promotions may not conform to rules issued by theFinancial Conduct Authority.
(c) by signing this statement, I may lose significant rights.
(d) I may have no right to complain to either of the following
(i) the Financial Conduct Authority; or
(ii) the Financial Ombudsman Scheme.
(e) I may have no right to seek compensation from the Financial ServicesCompensation Scheme.I am a certified high net worth individual because at least one of the following applies
(a) I had, during the financial year immediately preceding the date below, an annual income to the value of £100,000 or more.
(b) I held, throughout the financial year immediately preceding the date below, net assets to the value of £250,000 or more. Net assets for these purposes do not include
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(i) the property which is my primary residence, or any loan secured on that residence.
(ii) any rights of mine under a qualifying contract of insurance within the meaning of the Financial Services and Markets Act 2000 (RegulatedActivities) Order 2001; or
(iii) any benefits (in the form of pensions or otherwise) which are payable on the termination of my service or on my death or retirement and to which I am (or my dependants are), or may be, entitled.
Professional Trader
When classifying yourself as a Professional Trader you will be required to confirm the following declaration:I declare that I qualify as a per se Professional Trader because I fall into one of the categories below:
(a) an authorised person.
(b) an exempt person where the communication relates to a controlled activity which is a regulated activity in relation to which the person is exempt.
(c) any other person
(i) whose ordinary activities involve him in carrying on the controlled activity to which the communication relates for the purpose of a business carried on by him; or
(ii) who it is reasonable to expect will carry on such activity for the purposes of a business carried on by him.
(d) a government, local authority (whether in the United Kingdom or elsewhere) or an international organisation.
(e) a person (“A”) who is a director, officer or employee of a person (“B”) falling within any of sub-paragraphs (a) to (d) where the communication is made to A in that capacity and where A's responsibilities when acting in that capacity involve him in the carrying on by B of controlled activities.
(f) For the purposes of paragraph (1), a communication may be treated as made only to or directed only at investment professionals even if it is also made to or directed at other persons to whom it may lawfully be communicated.
(g) Paragraph (1) does not apply to any communication in respect of a controlled claims management activity.
Everyday Trader
Sorry, but due to FCA regulations and the fact that we are only happy that our users are of a particular basic skill level with crypto transactions, we are unable to offer tokenised trades through our digital ecosystem for the everyday trader.
The information below is displayed for reference only.
When classifying yourself as an Everyday Trader you will be required to confirm the following declaration:
I make this statement so that I can receive promotional communications relating to unlisted shares and unlisted debt securities as a restricted acquirer (Everyday Trader). I declare that I qualify as a restricted trader because:
(a) in the twelve months preceding, I have not invested more than 10% of my net assets in unlisted shares or unlisted debt securities; and
(b) I undertake that in the twelve months following I will not invest more than10% of my net assets in unlisted shares or unlisted debt securities.Net assets for these purposes do not include:(a) the property which is my primary residence, or any money raised through a loan secured on that property.(b) any rights of mine under a qualifying contract of insurance; or
(c) any benefits (in the form of pensions or otherwise) which are payable on the termination of my service or on my death or retirement and to which I am (or my dependents are) or may be entitled.
I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the capital used in acquiring tokens and their related activity after purchase. I am aware that it is open to me to seek advice from an authorised person who specialises in advising on unregulated activities.
Risk Warning
The DeFi For You Ltd product is available solely to experienced business owners or traders who are certified as Sophisticated, High Net Worth or Professional traders.Transactions through DeFi For You places any capital used in the acquisition of a token or unlicensed activity at risk. Returns are not guaranteed.
Past performance is not a reliable indicator of future performance. DeFi For You does not make personal recommendations or give advice. Before pursuing digital asset opportunities, you should make sure that you fully understand the risks which are set out in the Information Memorandum and determine whether the token acquisition is suitable for you on the basis of all the information contained therein.
Tokens are not readily realisable and are not subject to the same protection from the Financial Services Compensation Scheme (FSCS) as deposits.
Tax treatment depends on individual circumstances of each token wallet holder. Tax is generally paid in the country that a token has converted into an exchangeable currency and then withdrawn into the bank account of the wallet holder’s choice. It will be this country the bank is in where capital gains tax is paid.
If you are in any doubt about the contents associated with the DeFi For You platform and Information Memorandum, then you should not participate and we suggest you look for another opportunity that you can enter into.
The content of this promotion has been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000.
Reliance on this promotion for the purpose of engaging in any tokenised activity may expose you to a complete loss of data asset classes. Therefore, you agree to be fully responsible for your own cyber security and that you understand and agree that you may lose any tokenised or barter value that you may have accrued.
By pressing Confirm, you are certifying that the relevant statement as set out under the header “Buyer Types" here applies to you and by pressingConfirm this will have the same effect as if you had signed such a statement in writing.
What type of acquirer are you?
Select acquirer Type–
Business Owner
Sophisticated acquirer
High Net Worth acquirer
Professional acquirer
Capital is at risk and returns are not guaranteed.
DeFi For You is a trading style of Miles Mann Limited registered office at 5 Southgate Street, Gloucester, Gloucestershire, GL1 1TG1 Licensed authorised and regulated by the Financial Conduct Authority to exercise lender's rights and duties under a regulated credit agreement (excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement), and has the right to exercise lender's rights and duties under a regulated credit agreement (excluding high-cost short-term credit, bill of sale agreement, and home collected credit agreement).