Blockchain, Digital Assets and Cryptocurrency

Blockchain, digital assets and cryptocurrency are exciting fields of law that are only in their infancy. Given the lightning speed at which the use of distributed ledger technologies (such as blockchain) has spread internationally and the rise of digital assets, it is safe to say that these fields will continue to evolve rapidly and reshape the global commercial landscape.

Digital assets' compelling potential is being experienced across multiple sectors of the economy, including capital markets, financial markets, real estate, corporate transactions, and intellectual property.

Although it may seem that the opportunities in this area are infinite, the risks are complex and ever-changing. Governmental regulation will likely become tighter, as the “wild west” days of Bitcoin and other digital assets seem to be behind us. This more stringent regulation promises to be particularly challenging.

Participants in this sector need legal advisors who can help them grow, protect their interests, and operate more efficiently and in compliance with applicable law.

Now as in the future, clients may seek legal advice to explore the commercial opportunities offered by this advancing technology and deal with the regulatory challenges and compliance requirements within the digital asset industry.

Those who may seek out legal services in this area include the following:

• Virtual asset service providers;

• Cryptocurrency exchanges;

• Trading platforms;

• Miners;

• Issuers of non-fungible tokens (NFTs);

• Digital artists;

• Software developers;

• Web3 creators;

• Industry associations; and

• Government regulators.

Kramer International Law provides clients with innovative legal advice on complex blockchain issues, including the technology's benefits and risks.