Monnos has been following and respecting all global trends regarding industry regulations. We are very close to regulatory bodies in Brazil and around the world in order to maintain transparency and seriousness in all our initiatives.
Recently, several regulatory bodies around the world have shown to be against what we call "Tokenized Stocks". For this reason, Monnos will anticipate any type of local or global restriction and will stop trading Tokenized Stocks.
Our clients positioned in this asset class have until 08/20 to reposition themselves in other asset class. If you don't, Monnos will reposition you in your CONFIGURED BASE CURRENCY (BRL or USDT).
We reiterate that this is a GLOBAL trend and not an isolated initiative by Monnos.
Best regards, Monnos Team
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