Legal Services for Crypto Projects

A group of international lawyers from the RUE (Regulated United Europe) offering a broad range of legal services for crypto projects.

We help our customers through the European legislation and provide legal support on different blockchain projects. We have contact with the customer for an understanding of their goals and to develop a way of helping them achieve it. The legal support of blockchain projects is performed by well-established teams of lawyers who have wide experience in many areas of law related to digital currencies, including corporate law, securities and exchange law, intellectual property, compliance with banking legislation, private capital, real estate, M&A transactions, as well as privacy, data protection, and cybersecurity.

Digital technologies develop related modern markets: a cryptocurrency market and fintech projects. Quite a lot of automated digital platforms are based on Blockchain technology, and the execution of transactions with the help of smart contracts is not something new even in the modern world, not to mention crypto-assets and their enforcement regarding transactions. Meanwhile, modern technologies and methods of their implementation require modern solutions, in particular in the legal sphere, because it is complex and professional legal support that will be able to ensure launching the relevant project in the legal field and protect it from future problems with legislation. The key peculiarity of this activity is that a very large share of modern blockchain and crypto-projects are not regulated within the traditional legal field or still are not fully regulated. Balanced legal position regarding the launch of a project in the sphere of crypto-assets or Fintech requires, first of all, deep knowledge in different branches of law and finding innovative solutions by lawyers, taking into account all demands of applicable legislation in European countries.

Another characteristic that singles out support of projects in this area is the presence of special regulatory bodies in various countries of the world. Each of them has a certain vision and interpretation of a particular project or certain sphere, which concerns crypto-assets. For example, the position of the SEC (Securities and Exchange Commission) or CFTC (Commodity and Futures Trading Commission) in the US with regard to the Bitcoin cryptocurrency «unicorn», according to which this digital currency is recognized as both a money and a tangible asset, that is necessary to consider when planning a crypto or blockchain project. Otherwise, the violation of the requirements of US federal law can lead to very bad consequences for founders or beneficiaries of the implemented project in the company.

Because lawyers of Regulated United Europe in fact solved many complex issues in the sphere of crypto-and-fintech-projects, our experience allows us to ensure proper and most secure support from the legal point of view. Of course, we always have the possibility to contact our foreign partners in order to solve legal issues in some European jurisdictions.

Legal support of crypto project

Basically, our blockchain, crypto, and fintech project legal services are not limited to the performance of one and the same task for the client, as such kind of services presupposes several stages of their execution and the complexity of the services provided. That is why we always recommend that our clients involve a competent lawyer in the project at the earliest stage – then we can not only become part of the client’s project team from the very beginning but also assess the full scope of tasks and provide quality legal support for the project at all stages of implementation.

In the initial phase of the project, we advise on general issues of choosing the most preferred jurisdiction for the project, its general legal model of realization, and legal support for the whole business model. Also, depending on the project specifics, we develop draft documents related to the project and—as a rule—these are non-disclosure agreements, partnership agreements between founders, agreements on the involvement of third-party contractors and service organizations, and corporate documentation.

More importantly, within the work on these projects, we pay great attention to the analysis of the regulative environment of various countries of the world in case the project is multinational. In this respect, what is most important for us is securing that its carrying out will not violate the demands of the legislation of each concrete jurisdiction where the project is going to be launched and to choose the most appropriate country for its realization.

Of course, another point of our focus is that licenses to handle cryptocurrency assets are required in one or another jurisdiction, due to the fact that in most European countries such requirement is compulsory. For example, this pertains to token issuance, activities in the field of cryptocurrency exchange, and crypto exchange web-platforms. It is also relevant and timely in this context to study and analyze such regulatory bodies of each country – securities commissions, central banks, bodies regulating financial institutions.

Blockchain legal services provided by our company:

• Legal consulting and full support of blockchain projects: mining, crypto exchanges, crypto funds etc.;
• Analytics of crypto project legal risks;
• Establishment of the corporate structure, company registration for project establishment;
• Advisory on tax law, and tax planning with regards to cryptocurrency project;
• Drafting of documents: White paper, User Agreement, AML Policy, Privacy Policy, Terms of Use, Risk Disclosure, etc.;
• Getting the license for operating activities and permission;
• Support and legal protection of the project;
• Compliance with the requirements of the law on the prevention of legalization of proceeds from crime, terrorist financing, and AML/CTF compliance;
• Consultations on the protection of personal data, GDPR compliance, legal opinion on compliance with the requirements of payment systems-VISA, MasterCard.