Cryptocurrency Industry

Industries | Cryptocurrency

Our lawyers help cryptocurrency companies navigate the legal landscape and proactively advise on unique legal issues faced by the cryptocurrency industry.

A cryptocurrency is a digital currency that uses a decentralized ledger, typically a blockchain, to record and validate transactions. Cryptocurrencies are “mined” by contributing processing power to transaction validation efforts – a process that is designed to become more computationally expensive with time in order to limit the availability of the currency. The best-known cryptocurrency is bitcoin.

Common legal issues faced by cryptocurrency companies include:

Entity formation, capital, and financing strategies;
Brand protection;
Ownership and registration of intellectual property in software and other technology;
Acquisition of and enforcement of trademarks, patents, copyrights and other intellectual property rights against infringers;
Employment and independent contractor agreements;
Licensing agreements including end user license agreements (EULAs);
Software development agreements;
Strategies for developing and protecting trade secrets;
Intellectual property indemnification agreements;
Regulatory compliance, especially with emerging securities regulations;
Non-disclosure agreements;
Identification of potentially applicable international laws;
Strategy to protect and monetize intellectual property rights; and
Defense of third-party infringement claims.