Fintech & Crypto

We developed the legal structure and all necessary documentation for a blockchain project focused on product transactions. Conducted tax analysis and ensured compliance with e-documentation and payment requirements, including bank transactions.

The client received comprehensive legal support for launching a blockchain-based trade system that complies with taxation and e-documentation standards, enabling transparent interactions with clients and banks.

We developed a corporate structure for a fintech holding, involving 8 legal entities across 6 jurisdictions. The corporate framework was rapidly implemented, considering taxation and regulatory specifics of each country.

The client received a well-organized and legally compliant corporate structure that optimizes asset management and minimizes legal and tax risks in international operations.

We identified a suitable free zone in the UAE for registering a crypto wallet. Conducted a detailed analysis of the business model and determined which VARA licenses were applicable. Also reviewed Central Bank of UAE regulations to ensure compliance.

The client received a clear business launch strategy, including licensing and regulatory requirements, enabling company registration fully aligned with UAE law.

We facilitated the relocation of a crypto holding from an offshore jurisdiction (Seychelles) to an onshore one (Spain). Worked with regulators, prepared necessary corporate and contractual adjustments, opened bank accounts, and registered companies.

The client successfully relocated to an onshore jurisdiction, complying with Spanish laws. This enhanced business transparency, improved banking access, and simplified dealings with European partners.

We identified the optimal free economic zone (free zone) in the UAE for the legalization of a real estate tokenization service. Developed a detailed market entry strategy and investment attraction roadmap.

The client received a legally sound and coordinated launch strategy aligned with UAE laws, fostering investor trust and expediting registration and market entry.

We liaised with U.S. regulators to determine the legal status of a cryptocurrency payment project. A legal analysis of U.S. payment system laws was conducted, including FinCEN and federal acts, to confirm exemption from money transmitter licensing.

Our legal position confirmed the client’s exemption from payment operator licensing in the U.S., avoiding significant costs and allowing continued compliant operations.

We developed a launch strategy for a play-to-earn NFT game in the metaverse. Analyzed various jurisdictions and selected the most suitable for regulating NFT platforms and handling payments via app stores. Created a detailed action plan for company registration and the required legal structures.

The client is in the final stage of company registration in the chosen jurisdiction. The project launch will comply with current requirements and regulatory risks are minimized, with the potential for integration into global marketplaces.

We conducted a legal analysis and comparison of regulatory requirements imposed by the Netherlands, Spain, and France on crypto exchanges registered in Estonia. A legal position was prepared to demonstrate the client’s compliance with existing laws and international standards. A legal strategy was developed to protect the client’s interests.

Thanks to the prepared legal position, all regulatory claims were withdrawn. The company retained its license and continues to operate in full compliance with European regulations.

We developed a KYC system for an exchange dealing with both fiat and crypto assets, taking into account AML and GDPR requirements in Estonia. A comprehensive analysis of European regulatory norms, including the upcoming MiCA legislation, was conducted to identify potential risks and opportunities for adapting the client’s business model. Internal policies and procedures were prepared in line with current and anticipated legislation.

The exchange received a reliable KYC system compliant with both Estonian and pan-European requirements. The MiCA analysis helped the client preemptively adapt their business processes and minimize risks related to future crypto regulatory changes.

The Real World Asset Tokenization project is being implemented in the UAE. However, the existing regulatory environment in the UAE does not provide the necessary conditions for such solutions, so a GR project was initiated together with the client, within the framework of which proposals for changing the legislation were prepared.

Now high-level negotiations are underway to introduce these proposals into the federal legislation of the UAE in order to form a legal basis for further development of this area.

We helped the client select a suitable jurisdiction, developed a practically oriented roadmap, prepared the necessary set of documents for VARA and successfully obtained permission from the regulator.

We registered the company and obtained all the necessary permits, and also agreed on a further action plan. This project was innovative, since VARA began issuing crypto licenses only from June 1, 2023, and there was no information about issuing permits for cryptocurrency mining and trading before. We may have become the first to receive such a permit in Dubai.

We analyzed the UAE legislation, including the requirements of the Central Bank of the UAE and the Virtual Assets Regulatory Authority (VARA) — Dubai's crypto regulator, which has licensed only 21 companies in its entire history. We prepared a project implementation roadmap and a set of legal documents providing the necessary legal framework for launching the product in accordance with VARA.

The client received a fully developed market entry strategy that meets the unique requirements of the UAE.

We helped the client choose the optimal jurisdiction for the crypto business, organize the interaction of companies within the group, develop a legal structure, including intra-group agreements on intellectual property, build a strategy for the coexistence of two business areas - games and digital assets - while minimizing risks.

The client successfully launched a new business, while reducing launch costs thanks to competent legal structuring and protecting gaming assets from possible risks of crypto regulation.

We analyzed the legal environment of Lithuania and identified regulatory requirements for the operation of a crypto exchange. Accompanied the process of obtaining the necessary licenses for legal cryptocurrency activities. Prepared local regulatory documents, including AML policies and KYC procedures, ensuring compliance with the requirements of European legislation.

The client successfully registered a cryptocurrency exchange in Lithuania and received all the necessary permits and licenses. Thanks to the developed regulations and internal policies, the exchange operates in full compliance with international standards, which ensures protection from regulatory risks and strengthens user confidence.

We checked the possibility of building a settlement system that ensures the smooth fulfillment of financial obligations using cryptocurrencies – a test of the theory of the feasibility of implementing the project with the help of a company in Hong Kong.

Provided the client with an assessment of the most suitable types of licenses in the field of finance and settlements to comply with Hong Kong requirements, which allowed the client to make an effective management decision.