Considering keeping the archival records of the cases is a challenging task for each legal advisor, blockchain can disrupt the legal industry. Also, a Global Legal Blockchain Consortium seeks to adopt decentralization in the business of law. We are working on regulations for digital assets, with a big focus on monitoring transactions and connecting crypto to real-life users with official documents. Therefore, exchanges and services from the crypto industry implement know your customer (KYC).
We give great advice to help you make choices before signing a contract, ensuring the best for your firm. The blockchain’s transparent, stable, and secure nature will provide lawyers to record and solve many types of legal matters. This includes, property reports, court records, chains of supervision, UCC filings, funds transfers, crypto legal opinions, and contracts.
Our partner legal experts are constantly up-to-date with the latest moves in anti-money laundering (AML) laws. This includes risk evaluation of all the digital tokens and digital token services the clients intend to support or provide. Such risk evaluation provides a list of all the digital tokens. It will support and include an assessment of the nature of the token under the Monetary Authority regulatory framework, i.e., whether it is a security token or a payment token.
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