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                                              <a style="text-decoration: none; color: #000000;">
                                               What’s new
                                              </a>
                                              <!-- END EDIT Headline + link -->
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                                              <a style="text-decoration: none; color: #000000;">
                                               Every day, we work to make our platform the best it can be, which includes regularly revisiting our terms and policies (also known as our House Rules) to make sure they meet the needs of our growing community and allow us to continue to support you. Today, we’re sharing a few updates that go into effect on 9 October 2025.
                                               <br/>
                                               <br/>
                                               <b>
                                                While we encourage you to read up on all the changes, here’s a quick look at some of the changes that affect you as an Etsy member:
                                               </b>
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                                               Payments Policy:
                                              </a>
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                                              <ul>
                                               <li>
                                                We’ve made updates to our Payments Policy to provide greater clarity around certain processes. The policy outlines that we may take action on a Seller’s account (or related accounts) when required by applicable law, including placing holds or delaying deposits.
                                               </li>
                                               <li>
                                                We’ve further clarified that Etsy acts as an agent on behalf of US Sellers for the sole purposes of receiving, holding, and settling payments to Seller.
                                               </li>
                                               <li>
                                                We’ve also updated the policy to clarify the actions we may take if a Seller provides inaccurate or invalid tax information. We’ve made similar updates to our EPIL terms, as well as clarified what happens when a Seller moves out of the EEA.
                                               </li>
                                               <li>
                                                <u>
                                                 <a style="text-decoration: none; color: #000000;">
                                                  You can review the updates here: Payments Policy
                                                 </a>
                                                </u>
                                               </li>
                                               <ul>
                                               </ul>
                                              </ul>
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                                              <!-- EDIT Headline + link -->
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                                               Privacy Policy:
                                              </a>
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                                              <ul>
                                               <li>
                                                We’ve updated our Privacy Policy to give you more and easier-to-understand details about how we collect, use, and share your information, to reflect new products and features, including those that we use to keep our marketplace safe from fraud and cybersecurity threats.
                                               </li>
                                               <li>
                                                We’ve made other updates, including to our Cookies Policy, to give you more and easier-to- understand details about how we may market to you, your choices, and who we share information with for marketing.
                                               </li>
                                               <li>
                                                We’ve updated our US Regional Privacy Policy to comply with new state privacy laws, including to give you more information about whom we share data with, and your rights and choices.
                                               </li>
                                               <li>
                                                You can review the updated policies here:
                                                <a style="color: #000000;">
                                                 Privacy Policy
                                                </a>
                                                ,
                                                <a style="color: #000000;">
                                                 Cookies &amp; Similar Technologies Policy
                                                </a>
                                                ,
                                                <a style="color: #000000;">
                                                 Cookies &amp; Similar Technologies Disclosure
                                                </a>
                                                ,
                                                <a style="color: #000000;">
                                                 United States Regional Privacy Policy
                                                </a>
                                               </li>
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