Blockchain & Digital Currency

New technologies, such as blockchain (distributed ledger technology) disrupts the market and the innovative business lines which include these technologies as well as virtual and digital currency, payments, innovative online credit and lending alternatives are currently introduced to the public.

We help our clients to take advantage of the said innovations and navigate a wide spectrum of legal issues presented by these technologies. Our cross-disciplinary team understands how and when a digital currency may be a currency, a security, a utility or a commodity and the regulatory and legal implications of such designations.

Our experts remain in close contact with market participants (we are an active member of IT business companies’ association INFOBALT and its Blockchain and Fintech groups and Lithuanian Private Equity and VC Association) and with authorities (The Bank of Lithuania and tax authorities).

Our team may provide blockchain and digital currency related legal guidance in the following areas:

  • Shareholding structure & corporate governance;
  • Cybersecurity;
  • Data protection;
  • Digital identity;
  • Tokens structure;
  • Initial coin offering (ICOs) (legal assistance on pre-ICO, ICO and post-ICO stages);
  • Intellectual property;
  • KYC/AML compliance;
  • Transactional advice;
  • Relevant licencing (e-money / payment institutions, p2p, crowdfunding etc.);
  • Tax strategies;
  • Venture capital;
  • Advice on daily activities.