Top-tier Cryptocurrency & Blockchain Lawyer London UK

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Cryptocurrency smart contracts lawyer - Practice Overview

PAIL® has specialised in supporting digital finance entrepreneurs for nearly a decade with NFTs, blockchain + cryptocurrency smart contracts. We rely on the know-how and expert skills of the owner Peter Adediran, with over 20 years of digital technology and finance and transactional law legal experience via his skills and experience in contracts, corporate finance transactions, and fintech regulatory and compliance law to get clients ready for a successful launch and fundraising; determining smart contract terms and conditions, manage a cryptocurrency portfolio, monetise ICOs and other arbitrage opportunities; and launch and maintain secure relationships with wallet and escrow service providers.

All clients are welcome the only eligibility is a passion for cryptocurrency and innovation.

At PAIL® Solicitors we believe that:

Cryptocurrencies are inherently valuable

The technology is at the forefront of transforming human interactions between people, corporations, and governments.

The technology will eventually replace the underlying financial services infrastructure of the private and public sectors.

Blockchain is not going away and the technology will only evolve not disappear.

The need for trusted third parties to maintain records will be reshaped and centralised networks will be phased out by decentralised networks.

CCs have enough identity and security and resilience that exceeds that of centralised banking systems which can crash. The hacks that happen are not a result of people stealing from blockchain, which is impossible. They are stealing from wallets, not from the blockchain itself.

The volatility of trading CCs is manageable as long as the above six theses remain a fact.

That cryptocurrency lawyers are critical to the cryptocurrency marketplace to help deal with risk, volatility, and uncertainty.

How do cryptocurrencies work?

So how do these CCs actually work? What causes the price of Ethereum to go up or down, so that sound investment choices can be made. Ethereum in particular has 3 main attributes that make it a good investment.

1. Its ability to make records that are indisputable.

2. Its ability to transfer value by making updates to these records i.e. be used as a method for making payments as with Bitcoin.

3. Its ability to automate updates to those records through smart contracts. These attributes are what is causing the demand for Ethereum and driving the price up.

To understand how the price goes up and down you need to look at the total market cap. If more people purchase Ethereum, then the market price increases, and the return on the initial purchase will increase. The market cap for Ethereum in 2016 was $1 billion, today it is over $20 billion. The simple maths is that if you were to buy a Ether token in 2016 at the market cap of $1 billion today you would have 20x return on your initial purchase. The market cap of over $20 billion shows that there is a strong interest in it and that demand is high.

Exceptional returns and early retirement for purchasers is exactly what has happened with bitcoin and is happening now with Ethereum and other CCs that are equally robust and dynamic. There is no doubt that CCs are showing massive returns quicker than any other smart money purchase today. However CCs are not about making big quick profits, they are about purchasing a minor asset. You need to understand how CCs actually work and what information moves the price for example if a major financial institution is about to take a major stake in Ethereum it will move the price positively. You need to be constantly monitoring the valuation fluctuations, spreading your purchases across a wide range of CCs and exchanges.

ICO Fundraising

The challenge with ICOs is the absence of clarity on applicable regulations but potential regulatory issues still apply that is where cryptocurrency lawyers come in. ICO Fundraising

The challenge with ICOs is the absence of clarity on applicable regulations but regulatory and potential regulatory issues still apply and that is where cryptocurrency lawyers come in. We will provide you with compliance with these regulations including: Anti Money Laundering Regulations such as The Proceeds of Crime Act 2002 and Know Your Customer related legislation; Securities Laws; Commodities Laws; Money Transmitter Laws; Consumer Protection Laws and Crowdfunding Laws. O

Executing a successful ICO fundraising requires a solid foundation and a strategic campaign. Communicating the unique value and user case for your token or project is priority. A crowd sale or private placement should include in-depth due diligence. A well-thought-through technical white paper, project transparency via a token offering memorandum, and a clear outline of the ecosystem is needed. We work with you as a strategic legal partner throughout the process.

Initial Coin Offerings procedure

• Corporate structure Where to form the entity What to avoid

• Terms and Conditions (This will be granular terms and conditions. It will require several hours to complete)

• FCA - SEC Securities Regulations

• Tax (High-Level View - for detailed tax advice you will need a tax specialist). AML/KYC/SIC code classification/MSB Regulations -Consumer Protection Privacy Notices

• B2B Laws

• Intellectual property protection (To Be Agreed Separately)

• High-level viability of concept and regulatory risk assessment recommendation

CONTRACTUAL DOCUMENTATION

• Master Coin Purchase Membership Agreement

• Coin Purchase Agreement -

• Coin Subscription Application Form / Purchase Order -

• Third-Party Wallet Provider /Coin Escrow Agreement/Storage & Security Agreement -

• Third-Party Risk Declaration

• General Terms of Business

• Privacy Notices

• NDA

PAIL® cryptocurrency lawyer - Business Model

Compliance Advice and Strategy

Our core business model is driving clients to success with our skills and knowledge of fin-tech law and industry-leading expertise. We take every client individually and tailor our approach to exactly what that client is really looking for. We combine deep corporate finance insight and finance law knowledge with a strong understanding of how cryptocurrency technology works. Helping you develop your cryptocurrency businesses is our core business, and we’ve become specialised in building the elements of successful compliance and legal strategies for taking your product to market.

Regulatory Challenges

Cryptocurrency and NFT technologies operate both in regulated and non-regulated activities. We do not always know which type of activity your App, Game or token, or coin will fall into until we have researched its activity. operate in jurisdictions that regulate the buying of digital coins as securities. One of our services is to provide a road map on the legal and compliance issue that may be a barrier to a new cryptocurrency and or blockchain-related product or service.

Learn more about our NFT practice

If you need cryptocurrency, NFT or blockchain-related legal advice please call us on 020 7305-7491; or email us at peter@pailsolicitors.co.uk