Common use of Uncertain Regulatory Framework Clause in Contracts

Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities will regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations and/or rules that will affect cryptographic tokens, digital assets, blockchain technology and its applications.

Appears in 3 contracts

Sources: Equity Token Purchase Agreement (Blockchain Industries, Inc.), Equity Token Purchase Agreement (Blockchain Industries, Inc.), Equity Token Purchase Agreement (Blockchain Industries, Inc.)

Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities will regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations and/or rules that will affect cryptographic tokens, digital assets, blockchain technology and its applications. Such changes could negatively impact the Pledged Collateral in various ways.

Appears in 2 contracts

Sources: Master Loan Agreement (Strategic Acquisitions Inc /Nv/), Master Loan Agreement

Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities will regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations and/or rules that will affect cryptographic tokens, digital assets, blockchain technology and its applications. Such changes could negatively impact USG Tokens in various ways, including, for example, through a determination that USG Tokens are regulated financial instruments that require registration.

Appears in 1 contract

Sources: Terms of Purchase

Uncertain Regulatory Framework. The regulatory status of cryptographic tokens, digital assets assets, and blockchain technology is unclear or unsettled in many jurisdictions. It is difficult to predict how or whether governmental authorities will regulate such technologies. It is likewise difficult to predict how or whether any governmental authority may make changes to existing laws, regulations and/or rules that will affect cryptographic tokens, digital assets, blockchain technology and its applications.or

Appears in 1 contract

Sources: Membership Agreement