STON.fi is a platform that exists everywhere and nowhere at the same time. Without KYC, without an office, without shame. This text is a scientific-practical (and a bit sarcastic) analysis of how one DeFi exchange plays hide and seek with the law in four different worlds: Ukraine, the EU, the USA, and the rest of the planet. Spoiler alert: the legal system here will not win.



STON.fi — it's not an exchange, it's a ghost. It flies in Telegram, doesn't check your passport, doesn't ask your name, doesn't register an account — just lets you swap something for something. It's like a market at a bazaar without grannies and cops: romance, anarchy, a bit of scam spirit — just as we like it. But...



Ukraine:

We have the Law 'On Virtual Assets' (well, almost — it's in a semi-coma since 2021) 🧟‍♂️. It seems to allow crypto, but so far without tax regulation — it's a dead law with nice pants.

STON.fi is not a financial institution, not a provider, not a bank. There is silence in the registers of the NBU and the Ministry of Digital Transformation. And that means, legally, it is a 'vacuum' for us — so, it can be used as long as no one says 'no.'



Europe (EU):

They adopted MiCA here — and this is no joke 🧑‍⚖️. From 2025, any token and platform must be registered, verified, AML/KYC compliant, and ideally know Brussels' favorite color.

STON.fi, of course, laughs in the face of these norms. They are code. And code bears no legal responsibility. It's not a bank, not an exchange, not a legal entity. It's a 'community product.' Convenient, right?



USA:

SEC: 'And what do you have here?!'

STON.fi: 'It's just a swap, sir. We promised nothing.'

Here the situation resembles a romantic drama: the SEC constantly suspects that the STON token is a security, but there is no evidence.

No office — no jurisdiction. No application — no lawsuit. But if users from the USA start using the platform actively — a lawsuit will likely fly in from orbit. 🚀⚖️



World:



  • Singapore: legalize it, but with a license.


  • UAE: 'Come, but pay.'


  • Switzerland: welcome, if you have 100,000 euros and a year for paperwork.


  • China: bans everything that blinks.

    STON.fi — like a guest who shows up at all parties simultaneously, but leaves no name anywhere. 🕴️



Conclusion:

STON.fi is a quantum exchange: as long as you don't look at it under the microscope of the law, it is both legal and illegal at the same time. You use it, it works, funds circulate — and then pshhhh, and it turns out there's no one to answer.

The irony is that a platform that operates without violations legally does not exist. And this is official.



P.S. If STON.fi gets hacked tomorrow — your lawyer won't help you. But there will be something to talk about on Reddit.

And for now — we live. DeFi rules, while the law watches all this and nervously smokes around the corner. 🚬

#STON.fi #MerlinTradingCompetition #TonChain #BinanceAlphaAlert #MyEOSTrade $TON $ETH $SOL