# Token Legal Structure

To mitigate regulatory risks, the PARK token is registered as a utility token, in compliance with U.S. SEC regulations, specifically under Rule 506(c) of Regulation D. This ensures transparency and legal security for both the company and token holders.

Although EarnPark is not under EU jurisdiction, we aim to align with the evolving Markets in Crypto-Assets (MiCA) regulations, which we expect to set a global standard. Additionally, our compliance is informed by the UK's financial regulator's [report from 1 October 2023](https://assets.publishing.service.gov.uk/media/653bd1a180884d0013f71cca/Future_financial_services_regulatory_regime_for_cryptoassets_RESPONSE.pdf), outlining future crypto asset regulations.


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