The development of distributed ledger technology (“DLT”) has brought profound changes in the financial sector and in the economy.
The authorities have analyzed both the opportunities and the challenges of DLT technology and have committed to implementing a legislative framework that takes advantage of the potential opportunities this technology offers.
By using legal services both for regulatory issues and for negotiating contracts and drafting the necessary documentation, companies, the compliance is assured.
NewLegalWay provides legal advice on DLT on the following aspects:
- Consultancy on the provisions of the Regulation (EU) 2022/858 of the European Parliament and of the Council of 30 May 2022 on a pilot regime for market infrastructures based on distributed ledger technology, and amending Regulations (EU) No 600/2014 and (EU) No 909/2014 and Directive 2014/65/EU ( the ”DLT Regulation”);
- Consultancy on privacy by design in case of DLT technologies projects (scope and means of processing, governance system, consensus mechanism, data encryption, identification of personal data controllers and their obligations, data transfer), for more details see the sections Personal data protection and Consumer Protection and Technology and Intellectual Property.
- Assistance in negotiations with venture capital funds (VC Funds), for more details see the section Financing and Crowdfunding;
- Training and seminars on DLT technologies.