I do dread and this is people would like to politicize all the things. So, we are Functioning very tricky as an business and as a corporation to dispel All those myths, and We'll perform with any administration or with any participant who wants to carry forth clarity to these restrictions and guidelines below.

And so, for us, what that looks like is we received a license throughout the nerve CFTC during the U.S. we're launched internationally via INTX that we've just acquired a MiFID license in Europe. And so now in the approaching quarters, we'll manage to start derivatives to European customers in the compliant door front open up [indiscernible] marketing form of way.

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And so, the best way that I consider it, I believe it is vital to say that my work straight away previous to this was out a hedge fund. So rather not easy to forecast -- so I arrived into this with recognition of tips on how to forecast tricky companies.

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we are not nevertheless applying that in -- people are not able to sell custody that however. Can't use that for transactions but. And so, It really is just sort of a shop value.