Application of the Uniform Commercial Code. All cryptocurrency held in your Account and stored in your Hosted Wallet(s) shall be treated as “financial assets” under Article 8 of the Illinois Uniform Commercial Code (“Article 8”). With respect to all cryptocurrency held in your Account or Hosted Wallet(s) by Zero Hash on your behalf, Zero Hash is a “securities intermediary” as defined in Article 8. Further, your Account is a “securities account” which is defined in Article 8, in part, as “an account to which a financial asset is or may be credited.” Treatment of your Account or Hosted Wallet(s), your cryptocurrencies, your Cryptocurrency Transactions, or Zero Hash under Article 8 does not impact or define the treatment of your cryptocurrencies, Cryptocurrency Transactions, or Account or Hosted Wallet(s) under any other law, regulation, or rule, including the United States Commodity Exchange Act and any federal, state, or foreign securities laws or regulations.
Appears in 20 contracts
Samples: Services User Agreement, Services User Agreement, Services User Agreement
