1. Purpose

​

This Virtual Asset Standards Policy (“Policy”) outlines the framework applied by Diment VA Exchange Services DMCC (“DVA”, “we”, “us” or “our”) in assessing whether to facilitate transactions or provide services in relation to specific Virtual Assets. As a regulated Virtual Asset Broker-Dealer, DVA maintains a structured and risk-based process for the evaluation, approval, ongoing monitoring and potential suspension of supported Virtual Assets.
 

This Policy reflects DVA’s commitment to:
 

• maintaining market integrity

• protecting clients and counterparties

• supporting orderly market functioning

• complying with applicable regulatory requirements
   

2. Scope
 

This Policy applies to all operational and supervisory functions involved in the assessment and approval of Virtual Assets for which DVA may facilitate transactions or provide related services.
 

Relevant functions include, but are not limited to:
 

• Compliance

• Risk Management

• Legal

• Trading and Operations

• Senior Management
   

The Policy applies to employees, contractors and any relevant stakeholders involved in Virtual Asset-related activities.
 

3. Asset Approval Requirement
 

DVA will facilitate transactions only in respect of Virtual Assets that have undergone an internal due diligence and risk assessment process (“Assessment”) in accordance with this Policy.
 

No Virtual Asset will be supported unless it has been formally approved through DVA’s internal governance framework.

Records of each Assessment will be documented and retained for an appropriate period in accordance with applicable regulatory and internal record-keeping requirements.
 

4. Assessment Framework
 

DVA applies a holistic, risk-based approach when evaluating Virtual Assets. The Assessment may include consideration of factors, including, but not limited to, the following:
 

Technology and Network Evaluation
 

DVA assesses the resilience, reliability and security of the underlying distributed ledger technology or blockchain protocol.
 

This may include review of:
 

• network security and decentralisation characteristics

• consensus mechanisms and susceptibility to attack

• scalability and transaction throughput

• protocol maturity and development activity

• compatibility with industry standards and infrastructure
   

Governance and Issuer Evaluation
 

DVA evaluates the governance framework associated with the Virtual Asset and, where relevant, the background of the issuer, development team or supporting foundation.
 

Considerations may include:
 

• transparency of governance arrangements

• conflict of interest management mechanisms

• track record and reputation of key stakeholders

• prior regulatory actions, investigations or material disputes
   

Legal and Regulatory Evaluation
 

DVA considers the regulatory treatment and legal characteristics of the Virtual Asset in relevant jurisdictions.

This may include:
 

• whether the Virtual Asset may be subject to restrictions, prohibitions or enhanced regulatory scrutiny

• potential classification risks (e.g. securities or derivatives characteristics)

• sanctions exposure or financial crime considerations

• implications for DVA’s compliance with applicable AML/CFT and market conduct obligations
   

Market Structure and Liquidity Evaluation
 

DVA assesses observable market characteristics of the Virtual Asset, which may include:
 

• liquidity depth and trading venue coverage

• concentration of holdings or supply

• susceptibility to price manipulation or disorderly trading conditions

• historical volatility and market stability indicators
   

Economic and Functional Evaluation
 

DVA may review the design, functionality and intended use cases of the Virtual Asset.

This may include:
 

• tokenomics and issuance structure

• utility or governance features

• linkage to underlying assets or protocols

• sustainability of the development roadmap
   

5. Ongoing Monitoring
 

Approval of a Virtual Asset does not imply permanent support.
 

DVA conducts ongoing monitoring of supported Virtual Assets and may reassess them in response to:
 

• material regulatory developments

• security incidents or protocol vulnerabilities

• significant deterioration in liquidity or market conditions

• changes in issuer governance or operational integrity

• technological disruptions or network instability
   

6. Suspension or Withdrawal of Support
 

DVA reserves the right to suspend, restrict or discontinue facilitation of transactions in relation to any Virtual Asset where this is considered necessary to manage risk, comply with regulatory obligations or maintain orderly market operations. Such action may be taken without prior notice in circumstances where immediate risk mitigation is required. Where practicable, DVA will seek to provide reasonable notice to affected clients.
 

7. Conflicts of Interest
 

DVA maintains internal policies and procedures designed to identify and manage potential conflicts of interest that may arise in connection with the approval or facilitation of transactions involving Virtual Assets. While such controls are designed to mitigate conflicts, they may not eliminate them entirely.
 

8. Policy Governance and Review
 

This Policy is subject to periodic review to ensure continued alignment with regulatory expectations, market developments and DVA’s evolving business model.
 

Updates may be implemented without prior notice.
 

9. Disclaimer
 

Approval or support of a Virtual Asset by DVA does not constitute an endorsement of its value, performance or suitability for any client.

Clients remain solely responsible for their investment decisions and should conduct their own independent assessment of risks.