Section IV. Trade and Settlements
TITULUS I. Monetary System
- Verified Currencies. The list of currencies authorized for settlements within the park infrastructure is determined and published by the Consul's Office.
- Standard. Only Euro-pegged stablecoins holding a valid MiCA (Markets in Crypto-Assets) license are eligible for inclusion in the Verified Currencies list.
TITULUS II. Smart Contracts
- Certification. All smart contracts operating within JUVANTIA must obtain certification from the Consul's Office. Code audit is not a mandatory requirement of the law, but certification is necessary for legal status.
- Taxation. Every legal contract must contain program code for the automatic deduction of taxes to the Aerarium (park treasury) or platform commissions.
- Illegal Contracts. The use of uncertified ("shadow") contracts is prohibited. Participants in such transactions bear joint and several liability.
- Automatic Enforcement. Smart contracts must provide the technical capability for the forced deduction of fines and taxes by decision of the Multi-Model Tribunal at the moment of transaction execution.