Mexaverse - English
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  • The DAO Mexaverso
    • What's the DAO Mexaverso?
    • Development Stages
    • Mexitoken (MXT)
  • Origin Mission: TokenPlaza
    • Business Model
    • Want to sell something in TokenPlaza?
    • TokenPlaza Buidl Opportunity
  • Appendixes
    • What's a DAO?
      • The Mexaverse belongs to everyone!
    • The metaverse has no single owner
    • Mexitoken (MXT) Compliance
    • Roadmap
    • Other preliminary information
      • Why crypto?
      • Future is DLT, not Blockchain
        • Problems of Blockchain
      • Why ShimmerEVM?
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  1. Appendixes

Mexitoken (MXT) Compliance

Compliance in Mexico and other jurisdictions

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Last updated 1 year ago

Operations with MXT adhere to Art. 30 and paragraphs I & II of Art. 24 of the Financial Technology Institutions Regulation (LRITF) in Mexico therefore MXT shall not be considered an ITF as per paragraph XVI of Art. 4 thereof.

Residents outside Mexico are not target market for Mexaverso's digital assets but MXT issuer is not in the possibility to prevent that any internet user purchases them and participates in DAO activities.

Native tokens cannot be purchased by users in the United States and Canada without an opinion by a juridical consultant, in the sense that the token is not a security. In this last respect MXT Business Model considers the 1946 Howey Test in issuer's best understanding.

issuer