🇬🇧 United Kingdom (UK)
Legal Positioning (UK)
The SYMGATE token is positioned as a utility / performance-based digital asset and does not fall within the definition of a security, share, or collective investment scheme under UK law, including but not limited to the Financial Services and Markets Act 2000 (FSMA).
The token:
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does not provide ownership or voting rights
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does not provide profit participation
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is not marketed as an investment
SYMGATE tokens are not issued or promoted as regulated financial products under FCA oversight.
🇪🇺 European Union (EU)
Legal Positioning (EU)
The SYMGATE token qualifies as a utility token under common EU regulatory interpretation and does not constitute:
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a transferable security
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electronic money
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a financial instrument under MiFID II
SYMGATE does not promise returns, yield, or appreciation, and therefore does not meet the criteria of an investment product under applicable EU frameworks, including MiCA.
🇺🇸 United States (US)
Legal Positioning (US)
The SYMGATE token is not offered or sold as an investment contract and does not satisfy the criteria of the Howey Test.
Specifically:
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no investment of money is required to earn tokens
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no expectation of profits is promoted
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no reliance on managerial efforts of others
SYMGATE tokens are issued as part of a performance-based access protocol, not as securities.