We are one of Australia’s leading law firms in blockchain and crypto technologies so far as they impact on the financial services and credit sectors, and we act for some of the world’s largest digital currency exchanges and crypto lending and borrowing groups.
As a leading law firm in virtual asset, cryptocurrency, token and other digital markets, we:
Were heavily involved in consulting with AUSTRAC during the creation of Australia’s current Digital Currency Exchange (DCE) regime
Were the primary authors of Blockchain Australia’s Code of Conduct for Digital Currency Businesses
Developed legislation (not yet law) for another country’s Free Economic Zone regulating Stable Coins and secondary market trading of digital assets
Act for some of the world’s largest digital currency exchanges
Made a submission to the Select Committee on Australia as a Technology and Financial Centre about digital asset regulation and appeared at a public hearing
Met with Treasury and parliamentarians in the lead up to the release of the Treasury consultation paper on the licensing of crypto asset secondary service providers (CASSPr) and crypto custody requirements, and made a submission to this consultation paper
Virtual Asset Services Providers (VASPs)
Since FATF’s adoption of its Interpretive note to Recommendation 15, in June 2019, the industry is often referred to as the Virtual Asset Service Provider industry. Our firm is involved in a number of international projects relating to digital currency regulation and best practice.
How we can help
The law surrounding digital currencies is complex and rapidly evolving. We help participants:
Register as a Digital Currency Exchange (DCE) with AUSTRAC