Cubase 9 Elements and e licenser?

Am I reading this correctly that you need an e licenser for C9 Elements?

I was thinking of picking this up for the laptop mobile gig but not if I have to have a dongle dangling.

No, you do not need an eLicenser for Cubase Elements since it uses a software eLicenser and it is stored on your hard drive. Keep in mind that if at anytime you move the license to a physical eLicenser (to use on another computer for example) it cannot be reversed.

Thanks, this is why Im asking here

“NOTE: Cubase Elements 9 requires a Steinberg eLicenser Key (not included) and a 64-bit operating system.”

This is down the page a bit hence my confusion here