Our core team at xSPECTAR is aware of the ongoing legal challenges faced by innovative companies like ours operating in a space where the regulatory standards are still evolving. As we originated from Europe and have chosen to keep our base in our home jurisdiction, we know we’ll have high standards to adhere to.
We’ve decided that the core of our legal setup will be located in Switzerland. Owing to the significant positives of the Swiss native regulatory system, we feel this will be our safest defense system for xSPECTAR and its members.
By Q4 2022, we will have set up a Swiss AG (Aktiengesellschaft). The AG can be seen as a public limited liability company.