Legal & Compliance
At uBits Capital, we champion the notion that opportunities should transcend geographical, monetary, and technological barriers. We are committed to steering towards a future that is increasingly free, decentralized, and less regulated. Despite the ambitious nature of this ideal, our team dedicates itself daily to making it a closer reality. We recognize that transitioning assets to the Web3 and DeFi universe encounters significant hurdles, particularly regarding uncertainties and regulations. In this context, we seek balance, striving to achieve our goals during this critical transition.
We are proud to announce that we have become the first platform to secure the new regulatory license from the Brazilian authority, setting a precedent in the country's new regulation. This achievement signifies a substantial leap forward and reflects a trend towards greater openness from governments and regulatory agencies to adapt to the changing financial paradigm.
Expansion Strategy and International Licenses
Our expansion strategy is meticulously planned, initially prioritizing Europe, then moving to Latin America, and subsequently Asia—regions where we see a more favorable regulatory environment and clear growth opportunities. Despite the United States representing a significant market, we are closely monitoring the evolution of its regulations. Currently, we find its regulatory approach to be unfeasible for our operations. However, as soon as we identify the first viable opportunity, we will prioritize this jurisdiction, aiming to extend our reach to one of the world's largest financial markets.
We are committed to obtaining similar licenses from the European Union to operate in over 26 jurisdictions beyond Brazil, ensuring legal security and facilitating the integration between Web2 and Web3 assets. This effort underscores our commitment to financial inclusion and the global expansion of our platform.
Our vision extends beyond technological innovation to include successfully navigating the complex international regulatory landscape. Establishing constructive dialogue with regulators is crucial for the sustainable development of the digital assets industry and for realizing our vision of a more accessible, secure, and inclusive financial system.
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