Digital currency & bitcoin

Digital Currency

Virtual Assets & Digital Currency

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 Australia’s largest digital currency exchanges
  • Chair Blockchain Australia’s AML & Financial Crime Committee

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:

Useful resources for Digital Currency businesses

Blog update
Blog update
5 Frequently asked Questions about Setting up a Cryptocurrency Exchange in Australia

  Are you thinking of setting up a crypto exchange?  Given the number of enquiries we receive on this particular question, we thought it would be useful to set out…

Blog update
Blog update
So you’re planning on opening a cryptocurrency (e.g. Bitcoin, Altcoin) exchange

  Bitcoin and other cryptocurrencies have seen a significant value increase in the recent past.  If you had the foresight to invest in Bitcoin and Ethereum in January 2017, you…

Latest insight
Latest insight
FACT SHEET: Checklist for setting up a Cryptocurrency (Virtual Asset) Exchange in Australia

Before you set up a cryptocurrency exchange… ☐  Determine the service(s) you will provide as part of your cryptocurrency exchange, and what will be traded.  For example, consider: Will Total…