Privacy Policy for VELTA Apps

1. Introduction
 This Privacy Policy informs users of the VELTA Apps application about the collection, use, and protection of their personal data.

2. Collected Data
 VELTA Apps is developed and operated by Velabs, located at 38 bis avenue Victor Hugo, 06000 Nice, France. Velabs collects and processes the following data:

  • First and last name
  • Nationality
  • Country of residence
  • Crypto-asset wallet address
  • Email address These data are voluntarily provided by the user and are necessary for the use of the Application.

Additionally, an optional « Anti Money Laundering » questionnaire is available for users who wish to access the Application’s advanced features.

3. Use of Data
 The collected data is used exclusively for the Application and for sending emails to users who have provided double opt-in consent. Velabs does not share or sell this information to third parties, except for the service provider responsible for email distribution.

4. Data Security
 Velabs implements security measures to protect users’ data from unauthorized access, alteration, or disclosure.

5. User Rights
 In accordance with applicable laws, users have the right to access, rectify, and delete their personal data. Any request may be addressed to Velabs via email or through the contact form available in Section 10 of the following page: https://velta.org/terms-of-use/

Aditionally, an optional « Anti Money Laundering » questionnaire is available for users who wish to access the Application’s advanced features.

If you are a Velta App user, you can exercise your right to request the deletion of your data by following these steps :

a) Fill out the form by clicking on this link

b)Velta will process your request by verifying your email address

c) You will need to respond to the email that Velta sends you

d) Velta will proceed with the complete deletion of your data if you have not made any token purchases. Otherwise, as part of the fight against money laundering, Velta will retain your data (5 years) and may transmit it to the relevant legal authorities if they request it. (Compliance with the European MiCa and MAD5 regulations)(5th Anti-Money Laundering Directive or 5AMLD). 

European Union (EU) : According to the European Anti-Money Laundering Directive (AMLD), businesses must retain KYC data for at least five years after the end of the business relationship.

6. Data Retention
 Data is retained as long as necessary for the use of the Application or until the user deletes their account.

7. Changes to the Privacy Policy
 Velabs reserves the right to modify this policy at any time. Any changes will be communicated to users through the Application.

8. Contact and Disputes
 For any questions regarding this policy, users may contact Velabs. In case of a dispute, the Tribunal de Grande Instance of Nice shall have exclusive jurisdiction.

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