I was telling a fren who runs a project to

Question

I was telling a fren who runs a project to

have a FRAXBP pool but due to his project being US-based, the legal opinion on his token is to stay away from providing/incentivizing liq on DEX as that could be construed as facilitating buy/sell activity to some US residents. Is there any solution to his conundrum?

#cryptocurrency #english #frax

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13.05.2023

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J J · Accepted Answer

Tbh if they’re going to be this paranoid about legal issues I also don’t know if it makes sense to be in crypto. I’m not a lawyer and this is not legal advice but although I guess you can make that argument I haven’t heard anyone floating that as a likely interpretation of liquidity pool participants themselves. There’s so much grey area and lack of clear guidance in this space and if you’re not comfortable with that I think it’s going to be difficult to operate.

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