Update Cubase from 7.5 to 11; use two computers (both mac); use both versions?

Hi!

i am a very happy Cubase 7.5.4 (64bit) user on a 2011 MacBook pro, OS 10.9.5.
It‘s time for a warp to the next generation.
So I settled a MiniMac M1, Big Sur ,to use the Update Cubase 11 on it.

Questions:

  1. Can I still use my old setup Cubase 7.5 on the old MacBook to use it e.g. to emigrate old projects?

  2. will the upcoming change of license managment then cut off the use of Cubase 7.5?

You will have to move the dongle to the computer you are using.