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May 25, 2018, 12:32:05 PM |
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The regulatory status of tokens and distributed ledger technology is unclear or unsettled
in many jurisdictions. It is difficult to predict how or whether regulatory agencies may apply
existing regulation with respect to such technology and its applications, including the Treon
Platform and TXO Tokens. It is likewise difficult to predict how or whether legislatures or
regulatory agencies may implement changes to laws and regulations affecting distributed
ledger technology and its applications, including the Treon Platform and TXO tokens. Regulatory
actions could negatively affect the Treon platform in various ways, including, for purposes
of illustration only, through a determination that the purchase, sale, and delivery of TXO
constitutes unlawful activity or that Treon Tokens are a regulated instrument that requires
registration or the licensing of some or all of the parties involved in the purchase, sale, and
delivery thereof.
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