On behalf of the Govmos team, we have carefully reflected on this topic and believe it would be prudent for the Hub to wait for further regulatory clarity before pursuing any form of merger or acquisition.
The reasoning is relatively straightforward. Based on the current draft of the Clarity Act in the United States, such actions could raise regulatory concerns regarding the Hub’s classification as a commodity. Engaging in acquisitions could be interpreted as a form of profit-seeking activity, potentially reinforcing arguments that align the Hub’s operations with those of a security, rather than a decentralized commodity network. This interpretation might further extend to the community pool, framing its use as part of an “investment contract,” which could have significant implications.
Of course, this remains speculative at this stage, as the bill has yet to pass the Senate and its contents may still evolve. Nonetheless, we believe it is essential to act with caution. Until there is greater clarity on how the regulatory framework will define and treat decentralized entities, it seems wiser to avoid any strategic financial moves — such as acquisitions — that could unintentionally expose the Hub to compliance risks in the future.
In short, we recommend a wait-and-see approach, ensuring the Hub’s long-term regulatory resilience takes precedence over short-term expansion initiatives.
Thank you for reading,
Govmos.
