Crypto-asset Legal and Regulatory Expertise


The use of crypto-assets gives rise to complex legal issues, in particular, relating to their regulatory status.
Our lawyers have a deep understanding of the legal and regulatory issues applying to crypto-assets as well as the technologies behind them including the decentralized blockchain protocols and ledger technologies.
We have worked on many diverse crypto projects ranging from a multi-million pound NFT drop by a well-known artist; in-game distribution of crypto-assets; a new DAO; and retail offerings of crypto-assets.
specialist cryptoasset legal and regulatory expertise

We are able to advise on:

·     determining whether an instrument / asset is a security, e-money token; exchange token; utility token; non-fungible token (NFT); and / or stablecoin;

·     the regulatory treatment of the security / token and any related exemptions – as well as potential modifications to a crypto project that may take it outside of the regulatory perimeter;

·     the regulatory regime applying to the marketing of crypto-assets;

·     the regulation applying to Security Token Offerings and Initial Coin Offerings (ICOs);

·     decentralized finance (DeFi) networks, protocols and strategies;

·     smart contracts and token governance structures such as Decentralised Autonomous Organisations (DAOs);

·     tokenization of physical assets;

·     drafting of the terms of business for a crypto-exchange;

·     whether relevant crypto-activities are being carried on in the UK;

·     anti-money laundering compliance advice; and

·     FCA applications for registration under the UK Money Laundering Regulations.