06/07/2026 12:46
Preliminary remarks and purpose of the document
1.1 This notice (the “Notice”) is issued by Young Platform S.p.A. (hereinafter also “Young Platform” or the “Company”) to describe, in a unitary and organic manner, the disabling of the purchase and deposit services for a specific set of crypto-assets (hereinafter, the “Affected Crypto-assets”), with the consequent retention, for the Users’ residual positions, of the sole faculty to sell (hereinafter, the “Sell-only Regime”), with effect from 01 July 2026.
1.2 In particular, the Notice sets out: (i) the list of the Affected Crypto-assets; (ii) the concrete effects of the update on the operability of the Users; (iii) the absence of imposed deadlines for the liquidation of residual positions; (iv) the applicable regulatory framework.
1.3 This Notice has an informational and transparency purpose towards Users, the public and the competent Authorities, and is issued in performance of the disclosure obligations set out in Regulation (EU) 2023/1114 (MiCAR) and in the remaining national and European rules applicable to the activities of Young Platform in its capacity as crypto-asset service provider.
1.4 This Notice does not constitute a marketing communication nor an offer or solicitation to buy, hold or dispose of any crypto-asset. It does not constitute investment advice, tax advice or a personalised recommendation.
Identification of the service provider
Corporate name: Young Platform S.p.A.
Registered office: Via F. Cigna, no. 96/17 — 10155 Turin (TO), Italy
Tax code / VAT number: 11931440017
LEI: 815600F1E30AAB016171
Certified email (PEC): [email protected]
Website: youngplatform.com
Legal representative: Alexandru Stefan Gheban, Co-CEO and Co-founder
Young Platform S.p.A. was authorised as a crypto-asset service provider (CASP) by Consob and Banca d’Italia on 30 June 2026 pursuant to article 16, paragraph 1, of Legislative Decree 129/2024 and article 63 of Regulation (EU) 2023/1114.
Definitions
For any term not expressly defined in this Notice, reference is made to the definitions set out in the General Terms and Conditions of Young Platform.
Crypto-asset: a digital representation of value or of rights which can be transferred and stored electronically using distributed ledger technology or similar technology, within the meaning of article 3(1)(5) MiCAR.
Affected Crypto-assets: the eleven crypto-assets listed in paragraph 4 of this Notice, subject to the disabling of the purchase and deposit services starting from 01 July 2026.
Sell-only Regime: the operational regime described in this Notice, applicable to the Affected Crypto-assets starting from the effective date, whereby the User may exclusively dispose (sell) of any residual positions held in their custody Wallets with Young Platform, subject to the disabling of the purchase and deposit functionalities.
Bilateral Exchange service (article 77 MiCAR): the service of exchange of crypto-assets for funds or for other crypto-assets, provided by the Company on Young Platform on a bilateral basis, in which the Company acts as the User’s direct contractual counterparty (Principal) and the price is determined through the Company’s Pricing Engine.
Execution of Orders on Behalf of Clients service (Article 78 MiCAR): the service provided by the Company on Young Platform Pro, in which the Company acts as intermediary (Agent), routing the Client’s orders to External Execution Venues or counterparties, in accordance with its Execution Policy.
Custody Wallet: the technical environment, operated by the Company pursuant to Article 75 MiCAR, in which the User’s crypto-assets are held, with individual accounting segregation of each Client’s positions.
Crypto-assets subject to the sell-only regime
4.1 With effect from 01 July 2026, the following eleven crypto-assets are subject to the Sell-only Regime described in this Notice:
- Aptos (symbol APT);
- Dymension (symbol DYM);
- Enjin Coin (symbol ENJ);
- Artificial Superintelligence Alliance (symbol FET);
- Filecoin (symbol FIL);
- Internet Computer (symbol ICP);
- Kaspa (symbol KAS);
- Stacks (symbol STX);
- Starknet (symbol STRK);
- Bittensor (symbol TAO);
- Vaulta (A).
4.2 The list in the preceding paragraph is exhaustive. Any further crypto-assets that may be subject to the same operational regime in the future will be the subject of a dedicated notice published through the Company’s official channels.
Subject matter and scope of the update
5.1 With effect from 01 July 2026, in relation to the Affected Crypto-assets listed in paragraph 4.1, the following services are disabled:
(a) the purchase service of the Affected Crypto-assets, both through the Bilateral Exchange service under Article 77 MiCAR on Young Platform, and through the Execution of Orders on Behalf of Clients service under Article 78 MiCAR on Young Platform Pro;
(b) the deposit service (incoming transfer) of the Affected Crypto-assets from external blockchain addresses to the User’s Custody Wallets with Young Platform.
5.2 Consequently, in relation to any residual positions in the Affected Crypto-assets held by the User in their Custody Wallets with the Company, the only functionality retained is the sale service, through:
(a) the Bilateral Exchange service under article 77 MiCAR on Young Platform, in which the Company acts as the User’s direct counterparty at the price determined by the Pricing Engine;
(b) where the relevant conditions apply and until any further disabling, the Execution of Orders on Behalf of Clients service under article 78 MiCAR on Young Platform Pro, in accordance with the Execution Policy adopted by the Company.
5.3 The update described in this Notice does not entail any deadline imposed on the User for the liquidation of residual positions. The User retains the right to choose, in full autonomy and according to their own assessments, the timing and modalities of the sale of the Affected Crypto-assets held, within the ordinary operational limits and in compliance with the Company’s commercial policies.
5.4 The retention of the sole sale faculty for the Affected Crypto-assets is aimed at ensuring that the User can orderly liquidate residual positions, avoiding an abrupt cessation of the custody service that could adversely affect the User’s operability on their own assets. The Company adopts this regime in line with the principle of client protection and with the obligations of orderly wind-down of services provided for, where applicable, by sector regulation.
5.5 This Notice does not affect in any way:
(a) the ownership of the Affected Crypto-assets, if any, held by the User in their Custody Wallets, which remains entirely with the User;
(b) the general contractual framework governing the relationship between the User and the Company, described in the General Terms and Conditions of Young Platform.
Effects of the update on the User’s operability
6.1 Starting from the effective date referred to in paragraph 5.1, in relation to the Affected Crypto-assets:
(a) it will no longer be possible to place purchase orders, either on Young Platform or on Young Platform Pro;
(b) It will no longer be possible to receive deposits (incoming transfers) of the Affected Crypto-assets from external blockchain addresses into the User’s Custody Wallets on the Young Platform. Any attempts to deposit from external addresses after the effective date may fail; the User is invited not to arrange incoming transfers on such crypto-assets to their Custody Wallets with the Company;
(c) Purchase orders pending for the Affected Crypto-assets as of the effective date will be automatically cancelled by the Company’s systems at no charge to the User. Any funds locked on pending purchase orders will be made available again in the User’s Wallets upon cancellation of the orders themselves;
(d) Sale orders pending on the Affected Crypto-assets as of the effective date remain valid and continue the execution process in accordance with the ordinary modalities set out in the General Terms and Conditions and the Company’s internal procedures.
6.2 The User who, on the effective date, holds positions in one or more Affected Crypto-assets in their Custody Wallets with the Company may:
(a) retain their position in the Company’s Custody Wallets, subject to the Sell-only Regime and to any further communications the Company may issue in the event of operational evolution of the service;
(b) proceed with the total or partial sale of their position through the services indicated in paragraph 5.2, according to their own autonomous assessment and at any time, within the ordinary operational limits applicable;
(c) consider the transfer of the Affected Crypto-assets to external blockchain addresses, in accordance with the ordinary framework of the transfer service under Article 80 MiCAR and in compliance with the Summary of the Transfer Policy made available to the clientele through the Company’s official channels, subject to any subsequent disabling of such faculty, which will be timely communicated through the Company’s official channels.
6.3 The Company recommends that the User periodically check the official channels (institutional website, application, email communications) in order to be timely informed of any further updates relating to the Affected Crypto-assets, including any final termination of the custody service.
Risks and warnings
7.1 This Notice describes an operational update of the scope of the services offered by the Company on a specific set of crypto-assets. The change does not affect the technical characteristics, rights, or functions of the Affected Crypto-assets, nor the ownership of the User’s positions in their Custody Wallets.
7.2 The User acknowledges that, as a consequence of the disabling of the purchase and deposit services, the liquidity available on the platform for the Affected Crypto-assets may progressively decrease over time, with possible effects on the quality of execution for subsequent sale transactions. The Company adopts the pre- and post-trade transparency safeguards set out in the applicable rules to ensure clarity of execution conditions.
7.3 The User acknowledges that the continuation over time of the Sell-only Regime is subject to the operational and regulatory conditions assessed by the Company. Should supervening needs arise, the Company may arrange the final termination of the custody service for the Affected Crypto-assets, with timely communication.
7.4 Crypto-assets are instruments characterised by high volatility and entail a significant risk of loss, including total loss, of the invested capital. Held crypto-assets do not benefit from the guarantee schemes provided for bank deposits (Directive 2014/49/EU) nor from the investor compensation schemes (Directive 97/9/EC). Historical performance and any forecasts do not constitute a guarantee of future results.
7.5 For a comprehensive discussion of the risks connected with the holding of crypto-assets and with the operability on the platform, please refer to the General Risk Disclosure published at youngplatform.com/legal/information-general-risks/.
Communications, complaints and dispute resolution
8.1 For any request for assistance, clarification or reporting relating to the Sell-only Regime described in this Notice, the User may contact Young Platform through the official channels of the Customer Support, accessible at: https://support.youngplatform.com/hc/en-us.
8.2 Complaints relating to the service may be submitted in accordance with the modalities and terms set out in the Complaints Handling Procedure of Young Platform, accessible through the Company’s official channels. In accordance with Article 71 MiCAR, complaints are handled by the Company free of charge, fairly and promptly.
8.3 The User’s right to bring the alternative dispute resolution (ADR) procedures provided for by law remains unaffected.
Publication, retention and amendments
9.1 This Notice is published on Young Platform’s institutional website, in the section dedicated to Public Notices and to the Company’s Terms and Conditions, and remains accessible for a period of no less than five (5) years from its last replacement. Previous versions remain available through the official channels.
9.2 Young Platform reserves the right to amend this Notice as a result of supervening regulatory, operational or supervisory requirements, or in the event of further updates to the scope of the services provided on the Affected Crypto-assets. Amendments are communicated to the public through the official channels, with reasonable advance notice regarding the effective date.
This communication constitutes a service notice and does not represent a marketing communication nor an offer or solicitation to invest in crypto-assets. Crypto-assets are subject to specific risks, including the risk of total loss of the invested capital, and do not benefit from the guarantee schemes provided for bank deposits (Directive 2014/49/EU) nor from the investor compensation schemes (Directive 97/9/EC). For full information on the services offered, please refer to the Terms and Conditions of the service published through Young Platform’s official channels. Young Platform operates in accordance with the applicable law, including MiCAR (Regulation (EU) 2023/1114). Young Platform S.p.A., Via Cigna 96/17, 10155 Turin — youngplatform.com — PEC: [email protected].
Download the documents here: storage.googleapis.com/young-documents/20270703-Regime%20di%20sola%20vendita-EN.pdf
