Common use of Finst Credits Clause in Contracts

Finst Credits. Crypto Service Providers that have their seat in the Netherlands may not hold money for the account of their clients. As such, clients of Finst cannot hold money with Finst. Upon receipt of money from or for the account of a client, Finst will issue Finst Credits to the client. Finst Credits are a pre-paid electronically stored monetary value representing a claim on Finst as issuer of the Finst Credits. Each Finst Credit will have a value of one euro. Finst Credits can only be used for payments on the platform of Finst. Where applicable, the mention of money anywhere in this Crypto Services Agreement (but not including any stipulations about a debit balance in money or about the transfer of money to and from the Central Account) and on the Website refers to the value of Finst Credits held by Client.