PRIVACY POLICY

1 GENERAL

Your protection of privacy is important to Bitcoins Norge AS (hereinafter referred to as “BTCN”, “we”, “us” or similar). In order to better protect each individual’s privacy, we will in this privacy policy aim to inform you on how we collect and use personal information. Personal information is data that can be tied to you as an individual, for instance your name, address, contact information, bank details and transaction history. Personal information does not include depersonalized data or collected data that does not identify a specific user or person.

BTCN's personal policy will 1) describe the personal data BTCN collects and how it will be used, 2) indicate the security standards we use to protect and prohibit misuse and loss of personal data, 3) inform you of your rights regarding access to, updates of and deletion of personal data, 4) inform you on why or how we disclose personal data to third parties and 5) inform on the usage of cookies.

2 THE PURPOSE OF COLLECTING PERSONAL DATA

BTCN collects personal data to 1) establish and maintain a responsible and commercial relationship with you, 2) understand your needs and qualifications in relation to products and services, 3) provide you with information regarding development and new products, including changes and improvements of the website, 4) develop, improve and market products and services as well as providing products and services to you, 5) process and collect fees in accordance with our terms, 6) provide you with news and other matters of interest to you as a customer of BTCN and 7) comply with our framework conditions in accordance with law and the at any time agreements we require to provide our at any time services.

3 TYPE OF PERSONAL DATA THAT IS COLLECTED

By registering as a customer and using our website Bitcoins.Norway.com, you accept to provide us with the following information: 1) Name in full, 2) date of birth, 3) account information such as username and password, 4) address (as well as documentation of this being the correct address), 5) telephone number and e-mail as well as 6) personal identity number and 7) a copy of passport or other similar identification papers when you transfer currency and Digital Currencies in and out of your account.

4 CONSENT TO COLLECTING PERSONAL DATA

Your consent is necessary for our collecting of your personal data and the use or distribution of such personal data. By registering with BTCN and using the website you consent to the distribution of such personal data in accordance with our privacy policy.

5 USAGE OF PERSONAL DATA

BTCN is obligated to protect your privacy in accordance with at any time applicable rules of law. The websites systems and data is regularly reviewed in order to secure that BTCN’s security systems complies with marked standard and that your personal data is protected and handled in accordance with applicable any time governing law.

Your personal data is meant for the employees of BTCN only, which require the data in order to comply with this personal policy.

We reserve the right to contact you to acquire your consent to use the data for other purposes than expressed in the personal policy, as well as alter, limit or stop our services if a response is not given. BTCN may, as per current protection of privacy legislation, in some cases collect, use and distribute personal data without your knowledge nor consent.

6 ACCESS TO AND DELETION OF PERSONAL DATA

Under applicable law you have the right to 1) information regarding what personal data is saved, 2) updated personal data and 3) require that personal data which BTCN no longer require is deleted. We will save your personal data as long as required to meet the purposes of our data collection, see item 2 above.

We will regularly review our systems to make sure that data which is no longer required for us to keep will be deleted within reasonable time, however a request of deletion may be submitted by the use of our contact form at BitcoinNorway.com. If you have requests related to personal data that is saved or wish to alter/update such data, please use the same contact form.

7 DISTRIBUTION OF DATA TO THIRD PARTIES

BTCN reserves the right to keep and share certain personal data in order to comply with regulatory law and share such data with any other partners and third parts when this is necessary to offer and secure the services and rights of our applicable privacy policy. You accept that collected personal data may be shared with the involved in any restructuring process (in the acquired extent and only in the manner that the recipient has assumed duty of confidentiality), hereunder for example by merger or sale of the business.

8 RELATIONSHIP WITH PUBLIC AUTHORITIES

BTCN reserves the right to distribute personal data and other information to those public authorities which in BTCN’s opinion has jurisdiction on BTCN or you as a customer, such as the Norwegian Data Protection Authority, the Norwegian tax office, police, law court or other legal authority. BTCN decides if a request of distribution shall be met in the event of unclear legal obligations on BTCN.

9 COOKIES

Our website use cookies to collect information anonymously and to trace usage patterns. A cookie is a small text file that contains a unique identification number that identifies the users bowser, but not the user personally. Such cookies provides information on what pages the browser has visited, which contributes to improving the user’s experience of the browser. Cookies also serves to identify your computer in order to save your preferences on future searches. Our services require that you fully or partially approve cookies from third parties. The usage of cookies is industry standard and common browsers are set to accept such. You may setback your browser to either 1) refuse to accept all cookies or 2) alert you when you have received cookies. We inform you that if you refuse to approve cookies, this may limit your use of the functions available at our website.

10 PROTECT YOUR PERSONAL DATA

We do our best to protect your personal data, however there are actions that you can take to improve the protection. Do not share personal data unless you understand the purpose of the request and you know who the data is provided to. Sensitive and personal data should not be kept in your e-mail or webmail. You should use two-factor authentication when possible, create a password at least meeting our terms of service and change it regularly. The password should have a strength that is adequate to protect your data and value. We assume that you update this yourself.

11 INDEMNIFICATION

As a user you accept to protect, defend and indemnify BTCN against any losses, damages and costs, including reasonable costs to legal assistance, following your objection to BTCN using your personal data in accordance with the at any time governing law and or this privacy policy as far as it corresponds with the at any time governing law. The user is obligated to give correct, true and complete data.

12 ALTERATION OF THE PRIVACY POLICY

BTCN’s privacy policy may at BTCN’s discretion, at any time be revised, changed and/or supplemented without prior notice beyond notice on our website. The changes will not have retrospective affect unless BTCN is legally obligated to give the alterations retrospective effect. Users who do not accept our changes will have the opportunity to close the account and require deletion in accordance with our privacy policy.