Advocates & Solicitors

BLOCKCHAIN & CRYPTOCURRENCY

We are the pioneer law firm in Malaysia specialising in the law governing blockchain technology applications, with the focus on digital assets fundraising (ICO/STO/IEO) and cryptocurrency exchanges.

Our specific services include advice and guidance on :

(i) Digital Assets Fundraising (ICO/IEO/STO)

  • • Formation of an appropriate legal entity for digital assets fundraising (ICO/IEO/STO) in Malaysia and Labuan
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  • • Draft whitepaper and business plan; including review and comments from a legal and regulatory perspective;
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  • • Provide legal opinion whether the tokens to be issued in a proposed ICO/ IEO constitute “capital markets products” or “securities” under Malaysia law;
  • • Assist in road mapping the entire process of an ICO/IEO/STO;
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  • • Procure applicable licences or approvals from relevant regulatory authorities for launching the ICO/IEO/STO in Malaysia and Labuan;
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  • • Prepare agreements between the client’s company and placement agents; and other intermediaries and collaborators, where appropriate;
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  • • Comply with Know Your Customer (KYC) procedure and anti-money laundering requirements under prevailing Malaysia laws.
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(ii) Cryptocurrency Exchange

• Formation of an appropriate legal entity for setting up cryptocurrency exchange in Malaysia and Labuan

• Draft business plan and various policies, including Corporate Governance and Risk Management Policy; Cybersecurity Policy; Internal Control Policy; Legal Compliance Policy; Know-Your-Customers (KYC) procedure and Anti-Money Laundering & Counter Financing of Terrorism Policy; including review and comments from a legal and regulatory perspective;

• Procure applicable licences or approvals from relevant regulatory authorities for the operation of Cryptocurrency Exchange in Malaysia and Labuan;

• Prepare agreements between the client’s company and various service providers including information technology solution provider; liquidity provider; digital assets and fiat currency external custodians; cyber security provider; and other intermediaries and collaborators, where appropriate.

Media Coverage

Mr Tan is the favorite of both traditional and new media in the topic of blockchain and cryptocurrency, some of the media coverage are reproduced here:

(槟城14日讯)志云法律事务所执业律师陈志云说,政府要推出的“希望币”较为类似首次代币发行的类型,也就是说政府或许要通过这一项方式集资。

Mr Tan, the Managing Partner, was invited to share his knowledge on the  Regulatory Framework on Blockchain and Cryptocurrency in Malaysia.

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