The following risks collectively shall be deemed as the "Risks Associated with Digital Coins":
Conversion Risk: This pertains to the potential for high costs and transfer delays associated with digital coin conversion services.
Digital Coin Fraud: This involves the possibility of losing entire transaction amounts due to the unregulated nature of digital coin operations, which increases the risk of fraud.
Information Security (Cybersecurity) Risks: These encompass the risks of cyberattacks, including the loss of transaction amounts and theft of data and personal keys related to digital wallets.
Market Risks: These include the risks of price bubbles, extreme volatility, and limited liquidity that may restrict redemption capabilities.
Operational Risks: This covers the risks of fraud, manipulations, and funds linked to illegal activities or not accepted in the banking system due to anti-money laundering and terrorism financing restrictions.
Regulatory Risks: These refer to the potential impact of future regulations on digital coin operations, which may prevent companies from continuing their operations.
Risk of New Technology: This indicates the possibility that third-party services associated with an order may not be able to complete, create, implement, or adopt all or part of the order due to software weaknesses, vulnerabilities, or bugs that could result in the complete loss of digital coins.
Risks Arising from Taxation: This implies the uncertain tax characterization of digital coins, resulting in adverse tax consequences such as withholding taxes, transfer taxes, income taxes, and similar taxes, levies, duties, or other charges.
Transparency Risk: This pertains to the lack of information transparency in the digital coin field.
Volatility Risk: This refers to the potential loss of the entire transaction amount due to extreme price fluctuations within a short time frame. It is important to be prepared to lose a significant portion or all of the amounts involved in a transaction.