Effective Date: 1 May 2025

Overview

The Virtual Assets Service Providers Association (VASPA) is a non-profit organization registered with the Corporate Affairs Commission (CAC) in Nigeria, whose objectives include uniting stakeholders in the digital asset industry across Africa, driving the responsible adoption of virtual assets, and fostering collaboration between traditional financial institutions and emerging digital asset players.

VASPA respects your privacy and is committed to protecting your personal data. This Privacy Notice describes how we collect, use, disclose, and protect your information when you interact with us, including when you visit our website and use our services.

1. Information We Collect

We collect and process the following personal data about you:

Identification Information: Name, email address, phone number, and a valid government-issued ID.
Professional Information: Occupation, professional credentials, experience in virtual assets or related fields.
Membership Details: Tier level, payment history, and onboarding records.
Technical Data: IP address, browser type, device information, and usage data from website interactions.
Communication Records: Emails, application forms, and participation in interviews or orientation sessions.

2. How We Use Your Information

We use your information to:

Process membership applications and manage ongoing membership.
Verify your identity and eligibility for various membership tiers.
Communicate to you important updates, news, and events related to VASPA.
Enhance the functionality and security of our website.
Fulfill legal and regulatory obligations.

3. Legal Basis for Processing

Our legal bases for processing your personal data include:

Your Consent: When you apply for membership or subscribe to our updates.
Contractual Obligation: To fulfill our obligations to you as a member.
Legal Obligations: Compliance with applicable laws and regulations.
Legitimate Interests: Advancing our mission and goals as outlined in our organizational charter.

4. How We Share Your Data

We may share your personal data with:

Members of the VASPA Steering Committee and Board of Trustees.
Regulatory authorities and partners, where legally required.
Service providers performing functions on our behalf (e.g., web hosting, payment processing).
Other VASPA members, in line with our community engagement objectives.

We do not sell your personal information to third parties.

5. Data Security

We implement appropriate technical and organizational measures to protect your personal data against unauthorized access, alteration, disclosure, or destruction.

6. Data Retention

We retain your data only for as long as necessary to fulfill the purposes described in this Notice, including to comply with legal, accounting, or reporting requirements.

7. Your Rights

Subject to applicable law, you have the right to:

Access, correct, or delete your personal data.
Object to or restrict certain types of data processing.
Withdraw your consent at any time.
Lodge a complaint with a relevant data protection authority.

To exercise your rights at any time, contact us at https://vaspa.org/contact-us/.

8. Third-Party Links

Our website may contain links to third-party websites. We are not responsible for the privacy practices of those websites. We encourage you to review their privacy policies before submitting any personal data.

9. Changes to This Privacy Notice

We may update this Privacy Notice from time to time. We will notify you of significant changes through our website or via direct communication.

10. Contact Us

If you have any questions about this Privacy Notice or wish to exercise your data rights, please contact us at: https://vaspa.org/contact-us/.