Kadi Prohibitions

Zypto VISA Cards

The following prohibitions cover the Virtual Reloadable VISA Card, and the Physical Premium VISA Card.

Zypto Customer Legal Agreements

Prohibitions

Last updated:
July 18, 2025

Prohibitions

Use of the Services (as defined in the Zypto Platform Agreement) for any dealings, engagement, or sale of goods/services linked directly or indirectly with jurisdictions Zypto has deemed high risk, such as Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk, and Luhansk Regions, or persons Zypto has deemed high risk, such as those individuals or entities named to a restricted person or party list of the U.S., United Kingdom, European Union or United Nations, including the sanctions lists maintained by the U.S. Department of Treasury’s Office of Foreign Assets Control or the Denied Persons List or Entity List maintained by the U.S. Department of Commerce, is prohibited.

In addition to these exclusions from Zypto’s platform, Zypto does not allow companies registered in prohibited jurisdictions, or individuals from prohibited jurisdictions to open accounts. The list of currently prohibited jurisdictions is as follows and may be updated from time to time as required by relevant authorities or changes in applicable laws, or at Zypto’s discretion.

Prohibited Jurisdictions

Zypto Accounts are not available in the following jurisdictions:

Afghanistan

Albania

Belarus

Bosnia na Hezegovina

Central African Republic

Congo

Croatia

Cuba

Saiprasi

Eritrea

Haiti

Iran

Iraq

Kosovo

Lebanon

Liberia

Libya

Macedonia

Moldova

Montenegro

North Korea

Russia

Serbia

Somalia

Syria

Ukraine

Venezuela

Vietnam

Yemen

Zimbabwe

Temporarily Prohibited States in the US

Please note that this list may be updated once the necessary licensing is obtained.

Arizona

Delaware

Georgia

Idaho

Louisiana

Maryland

Misssouri

Montana

Nevada

New Mexico

North Dakota

Ohio

Oregon

Rhode Island

South Dakota

Vermont

Washington

Wisconsin

Wyoming

Prohibited Activities List

Companies whose primary business is any of the following are prohibited from accessing and using the Services, including the Zypto Platform and the Zypto Card (as such terms are defined in the Zypto Platform Agreement).

The examples listed below are not exhaustive and we reserve the right to modify or update the lists below at any time by posting a revised version to our website. The revised version will be immediately effective upon posting. If we determine in our sole discretion that you engage or have engaged in activities that are illegal, may harm others or our reputation or operations, or violate our or others rights, including by engaging in any of the activities below or authorizing or helping others to do so, we may deny, terminate, or suspend your use of the Services.

1. Regulated or Illegal Activities

• Sale of Schedule I controlled substances with or without a pharmaceutical license, or sale of Schedules II-V controlled substances without a pharmaceutical license, where such schedules are defined by the United States Department of Justice, Drug Enforcement Agency (DEA);
• Production, sale, or distribution of guns, accessories, ammunition, and other weapons;
• Production, sale, or distribution of illegal material, including but not limited to child pornography;
• Gambling, betting, lotteries, sweepstakes, or games of chance;
• Prostitution or escort services;
• Sale of counterfeit or “gray market” goods or services; and
• Ponzi or pyramid schemes, or other unfair or deceptive activities.

2. Products and Services that Infringe Intellectual Property

• Sales or distribution of music, movies, software, or any other licensed materials without appropriate authorization;
• Counterfeit goods; illegally imported or exported products;
• Unauthorized sale of brand name or designer products or services; and
• Any other products or services that directly infringe or facilitate infringement upon the trademark, patent, copyright, trade secrets, proprietary or privacy rights of any third party.

3. Violent or Hateful Activities

• Intentionally promoting, supporting, or perpetrating (1) violence or physical harm or (2) hate toward any group or individual based on race, religion, disability, gender, sexual orientation, gender identity, national origin, immigration status, or any other legally protected characteristic under federal or state law.

4. Misuse of Zypto Products

• Use of Zypto products with false, manipulated, inaccurate, or misleading information regarding your identity, business entity, the nature of business, and any other information requested by Zypto (you must inform us immediately of any changes to your personal and business information);
• Use of Zypto products to facilitate transactions on behalf of another undisclosed person or entity or for products/services that were not disclosed in the your Zypto account application; and
• Use of Zypto intellectual property without prior written consent from Zypto; use of the Zypto name or logo including use of Zypto trade or service marks inconsistent with the Zypto Marks Usage Agreement, or in a manner that otherwise harms Zypto or the Zypto brand; any action that implies an untrue endorsement by or affiliation with Zypto.

5. Restricted Activities List

Companies that are engaged in the following activities or businesses may be required to provide additional information or documentation or may be ineligible for certain Services:

• Financial services providers, including banks or bank affiliates, securities brokers, money transmitters, investment companies, or investment funds; or
• Sale of Schedules II-V controlled substances with a pharmaceutical license, where such schedules are defined by the DEA.

The types of businesses listed in the Prohibited Activities List and the Restricted Activities List are representative but not exhaustive.