Our goal is to make it easy for economic energy to flow into $HEX and #PulseChain across the world 🌎
But let me explain the process.

We are not a money transmitter, as we sit outside the flow of funds at all times (see below).

There is of course a money transmitter, and that is our banking partner, and they have MTLs that allow them to accept customers across the globe (and almost all states in the US - a little tricky with NY, SD and HI)

We work together with them to ensure our product/platform (which acts largely like a dApp linking them to you) is compliant with regulatory legislation and case law in each country/state. This protects us all. Users in particular.

When we "add a new country", our legal team researches the current regulations/law in that country (this can be of variable clarity and sometimes requires translation into english)

Our product is innovative, which means we need to explain it to (and educate) the various international regulatory bodies. And this is formalised via a legal opinion letter, outlining our product in the context of their laws specifically. We then wait for a response from them

Technically we don't need to do this to offer our service in a new country. But by doing so, we are setting a high standard of communication and protecting both our user base and our banking partner. It means you can be confident when your country comes online, it stays!

As you can imagine, all this takes money and time, and the traditional system doesn't move at the speed of #DeFi. So if you're country isn't currently approved, it doesn't mean we don't value you and plan to bring our product to your nation. We want to win with everyone ✌️ 🌎