Bitcoin and other cryptocurrencies offer a decentralized system of payments and store of value outside the traditional nexus of government scrutiny. Legal status of cryptocurrencies are subject to change in a substantial part of jurisdictions.

The blockchain technology that underlies Bitcoin replaces the reliance on a few centralized record keepers, such as banks or credit card networks, with a large set of decentralized and agents.

Our lawyers and advisors assist ICO organizers and cryptoasset dealers on the following, subject to the project evaluation, based on Cyprus Law and abroad:

  • Legal support for ICO procedure
  • Preparation of legal opinion for the issuing of Tokens
  • Preparation of legal opinion for CY and ESMA rules on Cryptocurrencies
  • Assisting in development of ICO documentation, legal structuring
  • Formation of companies for ICO