Crypto lawyer
Your trusted partner for Cryptocurrency Legal Matters
The crypto market presents life-changing opportunities, but they also come with risks. If you’re thinking about jumping in or if you’re already involved, it’s important to make sure you’re covered against these risks. And if things don’t go as you hope, you want to be prepared. That’s where our experienced crypto lawyers at Oxido Solutions come in – they’re there for you, every step of the way.
Ready to step into the shoes of a crypto attorney?
Life as a crypto lawyer at Oxido Solutions is never boring. Given the rapidly changing landscape of cryptocurrency and blockchain technology, fresh challenges and opportunities pop up every day. Our crypto lawyers stay a step ahead, continuously adapting to changes, keeping up with regulations, and offering expert advice in fields like compliance, security, intellectual property, and dispute resolution. Their work is mentally engaging and sits at the crossroads of technology and law, making the role of a crypto lawyer a thrilling and dynamic ride. Want to know more? Check out our specially created content program, featuring 10 key aspects you need to know about this fascination topic.
HISTORY OF CRYPTO LAW
Have you ever wondered how crypto law came into existence? Let’s take a trip back down memory lane and explore some historical events. From the creation of the first decentralized cryptocurrency to landmark court cases and regulatory developments, these events have played a crucial role in shaping the legal framework surrounding cryptocurrencies and blockchain technology.
The first cryptocurrency was launched by an anonymous entity known as Satoshi Nakamoto. It was created as an alternative financial system following the 2008 financial crisis.
The Financial Crimes Enforcement Network of the U.S. Treasury, issued the first guidance on virtual currencies, suggesting that exchanges are subject to money transmitter laws.
In this case, the U.S. Internal Revenue Service (IRS) successfully argued that cryptocurrency is property for tax purposes. The court ruled that Hom had to report his earnings from his transactions involving Bitcoin.
Mt. Gox was once the largest cryptocurrency exchange before its collapse. The subsequent bankruptcy case highlighted the need for improved security measures and investor protection in the cryptocurrency industry.
This case centered on whether Bitcoin transactions should be subject to VAT. The ECJ ruled that Bitcoin constitutes a form of currency, and as such, its exchange should be exempt from VAT.
This case highlighted use of cryptocurrencies for illicit activities by Ulbricht, the owner of the online drugs market place Silk Road.
It resulted in greater regulatory scrutiny.
The 2017 DAO Report, published by the SEC, investigated whether the DAO’s token sale constituted the offering of securities under U.S. securities laws. The report concluded that DAO tokens were securities and should have been registered with the SEC.
The Office of the Comptroller of the Currency (OCC) in the US clarified that national banks have the authority to provide custody services for cryptocurrencies, including holding reserve funds for stablecoin issuers.
The SEC alleged that Ripple Labs conducted an unregistered securities offering by selling XRP. This ongoing case has potentially significant implications for the classification of cryptocurrencies.
The SEC charged Kik Interactive for conducting an unregistered $100 million securities offering of digital tokens. Kik lost the case, with the court ruling that the token offering constituted a securities offering.
An unnamed American entrepreneur who had over US$7 million in cryptocurrency stolen won a court injunction to freeze the stolen funds. This happened in Singapore and it’s a novel case showing how courts can intervene in cases of crypto theft.
The European Council approved the Markets in Crypto-Assets (MiCA) Regulation. It extends to money laundering, consumer protection, the accountability of crypto companies and environmental impact.
WE ARE NOT A REGULAR CRYPTO LAW FIRM
“Oxido Solutions is primarily a tech company focused on providing crypto trading bot services. As with any company, we face our share of legal concerns, from creating and managing agreements for our various services to constantly adjusting our business model to fit international laws and regulations. Being knowledgeable in IT, trading, and law allows me to handle most legal issues in-house. Our strong legal foundation has attracted attention within the crypto community, leading to requests for legal support, which in turn sparked the creation of our crypto legal services.
Are you an individual or a company involved in the crypto world and looking for legal assistance? Don’t hesitate to reach out for an informal chat on how we might be able to help you. Here’s why we might be the right fit:”
WE ARE ALL-ROUND CRYPTO SPECIALISTS
“When you seek help from a traditional law firm for crypto-related legal needs, it’s uncertain if they can provide the assistance you need. Even though they may be familiar with the laws and regulations, they often find it difficult to apply them in ways that benefit you. This is where Oxido Solutions shines. We keep up-to-date with the latest changes in crypto law and tech advancements. Additionally, both my business partner, Jarno de Vries, and I are active in the crypto industry as entrepreneurs. We understand your business and can see it from various angles. Need a tech tweak to ensure your smart contract, trading algorithm, or other crypto software meets legal standards? We can handle that for you, something a traditional law firm simply can’t do. With us, everything is in one place.”
STRONG CONNECTIONS
“I’ve been active in the crypto industry since 2014 and have built a strong network within it. I started as a crypto trader and connected with both retail and professional traders. In 2019, I founded Autradety, one of Europe’s first platforms for security tokens, which expanded my network to include investors, startups, miners, and other key players in the crypto industry. At Oxido Solutions, we also work with over 28 regulators worldwide. Often, we contribute to regulation discussions, gaining insight into how regulators view and handle compliance. Our connections with regulators give us a better understanding of whether our crypto clients need licenses for their products and services. By using our legal services, you can take advantage of our extensive network.”
OUR CRYPTO LAWYER SERVICES
When it comes to international crypto legislation, there is no aspect that the crypto attorneys at Oxido Solutions are unfamiliar with. And if your case needs more expertise, we tap into our own network to bring it in. This lets us offer the broadest crypto legal services around. But remember, we’re not a financial institution, so we can’t give investment advice. Also, some services might have rules that limit who can use them. Here’s what we can do for you:
CRYPTO LITIGATION
Are you part of a cryptocurrency dispute, either as the one who’s complaining or the one who’s being complained about? We can help. We offer legal representation to clients involved in all sorts of issues in the cryptocurrency world, whether it’s fraud, theft, or contract problems.
BUSINESS SETUP
If you want to start a crypto business, you’re in the right place. Depending on what you want to do, who your customers are, and where you’re operating, we can help you set up your business in the best way.
BANK ACCOUNT
As people who’ve started crypto businesses ourselves, we know it can be tough to get a bank account. That’s where we can help. We can guide you and support you as you look for the right banking solution for your crypto business.
CRYPTO LICENSE
Depending on what you’re doing and where, you might need a license to offer your crypto service or product. Not sure if you need a license? Our crypto lawyers can help. We can give advice and help you get any licenses you need. We can also update your legal documents based on what we recommend.
TOKENS
Planning to launch an initial coin offering, issue an NFT, or release a security token? Oxido Solutions can help you with everything you need to do this legally, from making sure you’re following the rules, to preparing documents, to protecting your intellectual property. Our IT team can also help you develop your token.
SMART CONTRACTS
If your crypto business needs a smart contract, our crypto lawyers can help you make one. We can work with our IT team to make sure the contract does what you need it to do and follows all the rules. We can also give a legal opinion on a smart contract you already have.
AUDITS
Do you need someone to check your crypto agreements or other documents? Or maybe you need a detailed investigation of a crypto transaction? Oxido Solutions can do a thorough check of anything to do with cryptocurrency to meet your needs.
M&A
With our deep understanding of the crypto industry, our cryptocurrency lawyers can give you the support you need in merger and acquisition projects. We offer thorough due diligence, strategic advice, and technical assessments to make sure your M&A goes smoothly and successfully, giving you the best value and least risk.
AML & CTF
If you’re dealing with digital assets, it’s important to follow Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) laws. At Oxido Solutions, we offer expert advice and support to help you follow these rules, including making documents.
ESTATE PLANNING
If you own a significant amount of cryptocurrencies, we know you want to make sure they go to your loved ones if something happens to you. We can help make this happen by working with notaries all over the world to include your crypto assets in your will.
MEDIATION
Our crypto mediation service offers a friendly and efficient way to solve disputes in the cryptocurrency industry. With our experienced mediators, we aim to encourage open discussion and find solutions that everyone can live with, helping parties to resolve their differences and keep good relationships.
TRAINING
Want to know more about the legal issues that affect you or your crypto company and how to deal with them? Our crypto legal training could be what you’re looking for. We start with a chat to understand what you need, and then we make a training program that fits your needs and goals.