📄Legal Disclaimer - LightPaper
General Disclaimer
This document is for informational purposes only. It does not constitute financial advice, investment solicitation, a public offering of securities, or a promotion of crypto-assets in Hungary, the United States, or any other jurisdiction. The sole purpose of this document is to present the MetaBank platform’s vision, technological model, and operational framework to potential strategic partners, qualified investors, and institutional stakeholders. None of the statements in this document are legally binding and shall not be construed as creating any contractual obligation on the part of MetaBank or its affiliates. All goals, strategies, or functionalities described herein are for illustrative purposes only and may be changed or withdrawn at any time without notice.
United States Legal Compliance
This document has not been registered with the U.S. Securities and Exchange Commission (SEC) or with any federal or state regulatory authority. MetaBank does not offer public securities within the United States. MetaBank reserves the right to conduct lawful fundraising activities in the future under exemptions such as Section 4(a)(2) of the Securities Act of 1933 (as amended), and/or under Regulation D or Regulation S, in full compliance with the SEC Release No. 33-7505 and International Disclosure Standards, limited to eligible offshore investors as permitted by applicable law.
International Legal Compliance and Restrictions
MetaBank complies with the relevant financial and data protection frameworks of the European Union, including but not limited to:
GDPR (EU) 2016/679
MiFID II – Directive 2014/65/EU
MiCA – Markets in Crypto-Assets Regulation (EU) 2023/1114 (The activities described in this document do not currently fall under the scope of MiCA, as no public token issuance or stablecoin activity is conducted. MetaBank reserves the right to fully comply with MiCA and all related ESMA/EBA regulations in future product deployments.)
EBA and ESMA guidelines regarding DeFi and digital banking services
In the United Kingdom, this document does not constitute a "financial promotion" under the FSMA 2000 (Financial Services and Markets Act) as it is intended solely for professional investors. Usage in other jurisdictions is subject to local regulatory requirements.
Legal Position on Token Issuance
This document does not constitute an offer or solicitation to issue, sell, or distribute any crypto-assets, including but not limited to utility tokens or security tokens. MetaBank does not currently conduct any form of token offering or distribution. MetaBank reserves the right to explore crypto-asset-based solutions in the future, in full alignment with applicable international and national regulatory standards.
Technology and Operational Risks
MetaBank operates on a decentralized infrastructure built upon industry-leading technological standards. Nevertheless, as with any Web3-based system, technical risks may arise—such as network congestion, protocol upgrades, or third-party smart contract interactions. MetaBank maintains a proactive risk management approach to minimize and transparently communicate such events.
Data Protection
MetaBank does not collect or store personal data in the traditional sense. The platform is based on decentralized identity protocols and end-user encryption. All data handling activities comply with GDPR and EDPB requirements, and—where applicable in the U.S.—with the CCPA and HIPAA standards.
Legal Jurisdiction and Language
This document was originally prepared in Hungarian, with an official English version also available. In case of any legal dispute or interpretive ambiguity, the English version shall prevail. Legal interpretation shall follow the laws of the State of Delaware, United States, unless otherwise agreed in writing.
Final Clause
The information contained in this document does not constitute any legal, financial, or regulatory obligation for MetaBank or any of its affiliates. All prospective partners, investors, and stakeholders are solely responsible for their decisions, and should seek independent professional legal and financial advice prior to taking any action based on this content.
Last updated