Well, our lawyers found it funny because unlike many other firms they actually speak the language of Blockchain, cryptocurrencies, cryptojacking, hashes and consensus based algorithms. They understand what smart contracts are and what they are not. They appreciate that fraud prevention lies at the heart of blockchain solutions and yet with all the opportunities in this brave new world there are still many risks for the unwary.
We can help you navigate this new landscape.
Distributed ledger technology promises to be a game changer for many aspects of our economy. Businesses and governments are starting to experiment with the disruptive potential of the blockchain and the many different ways in which it may drive efficiency gains. Many earlier investors have made outsized returns trading the coins and tokens issued by players in the distributed ledger space. This has stoked a greater public interest in the investment potential as well as the practical application of smart contracts and blockchain immutability. The initial coin offering (‘ICO’) has quickly emerged as a competitor to early stage venture capital financing for many technology start-ups.
The legal and regulatory environment for participants in the distributed ledger ecosystem is undeniably complex and remains in a state of flux. Regulators around the world are starting to consider more closely the regulatory questions posed by the ICO in particular. As this sector continues to mature it can be expected that there will be an increase in regulation, which will likely be coupled with targeted guidance and further examples of enforcement action.
You may be looking to launch an ICO or invest into cryptocurrencies and tokens. Perhaps you are already a veteran and need to put in place a more robust asset and succession structure for your accumulated wealth. Our multi-disciplinary team is comprised of lawyers with knowledge and experience in securities law, corporate advisory, taxation and dispute resolution and are based in key locations around the world. They are able to assist whatever your legal needs may be.