🏛️Legal

It is important to highlight that as blockchain technology has evolved, governments and regulatory institutions have started to adopt laws and regulations to ensure its proper use and protect investors and users. This integration of blockchain technology into society has provided greater trust and stability to digital assets, thereby driving their global adoption.

{8.1} Laws and Regulations

The field of laws and regulations regarding blockchain varies by country and jurisdiction, as it is still in development and evolving in many parts of the world. However, some notable advancements include:

• Data Protection and Privacy: Data protection and privacy laws are essential for companies operating with blockchain, especially when personal data is involved. Regulations such as the General Data Protection Regulation (GDPR) in the European Union or the California Consumer Privacy Act (CCPA) in the United States are important examples to consider.

• Financial Regulation: Cryptocurrencies and Initial Coin Offerings (ICOs) are often subject to financial regulations. The Securities and Exchange Commission (SEC) in the United States and the Financial Conduct Authority (FCA) in the United Kingdom are regulatory bodies that issue guidelines and regulations in this field.

• Smart Contracts: Smart contracts are self-executing programs running on the blockchain. Laws related to contracts, such as contract law regulations and their interpretation, are applicable to smart contracts.

• Anti-Money Laundering and Counter-Terrorism Financing: Transactions conducted through blockchain can be subject to laws and regulations concerning anti-money laundering (AML) and counter-terrorism financing (CTF). Regulations such as the Bank Secrecy Act (BSA) in the United States and the European Union directives on combating money laundering are important considerations in this area.

Lastly, it is worth highlighting the approval of the MiCA (Markets in Crypto-Assets) regulation in the Eurozone, which aims to protect investors in various types of digital assets, primarily cryptocurrencies. It is important to note that legislation and regulations related to blockchain are constantly evolving and vary by jurisdiction.

{8.2} Disclaimer

Social Panda’s recommendations and investment advice should not be considered as a promise of profit under any circumstances. Every client must make an informed judgment regarding the risk of their investment, understanding that they may incur a negative return if the performance is contrary to expectations.

In this regard, Social Panda does not guarantee the profitability of investments made by its clients based on its recommendations and/or advice, nor does it guarantee the absence of losses. Furthermore, Social Panda cannot guarantee, nor can it provide, any fixed or minimum profitability, and it is not responsible for any losses that may occur from investments made by its clients and investors in relation to the values or transactions conducted, arising from the evolution of exchange rates in organized markets, interest rates, the situation of various financial markets, and, in general, other factors that contribute to the inherent uncertainty of organized or unorganized markets, trading systems, as well as any other factors that may affect the values, financial instruments, or investment services provided and over which Social Panda has no control or intervention, as they are external factors beyond its control.

In the event of security breaches, hacking, theft of information, or other criminal computer-related incidents that are beyond the ordinary control of Social Panda, meaning that could not have been reasonably foreseen or prevented with due diligence on its part, Social Panda shall not be liable for any losses resulting from or arising out of such breaches.