Regulatory Risk
At this time, it is unclear how synthetic asset such as deUSD will be categorized or regulated in various jurisdictions, including the US. For instance, a jurisdiction may outright ban the use of deUSD (or require deUSD to be renamed) if such asset is categorized as a regulated instrument or stablecoin and does not meet applicable regulatory compliance requirements of said jurisdiction. Users of deUSD are encouraged to consult their own legal and tax advisors.
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