Blockchain, Cryptocurrency and Initial Coin Offerings



We have a particular passion and interest in blockchain technology applications, cryptocurrencies and ICOs. We currently advise issuers of tokens, ICO advisors, venture capital firms and entrepreneurs involved in this space on Singapore legal issues and regulatory compliance for a range of planned business activities, ranging from utilization of blockchain to enable business applications in diverse fields (including money remittance, solar energy, consumer rewards, structured social interaction; music and entertainment industry; holiday & leisure industry; employment marketplace, consumer rewards, crypto asset security applications); to setting up cryptocurrency exchanges and issue of tokens on proprietary platforms.

 

Our specific services include advice and guidance on:

  • an appropriate legal entity in Singapore for conducting an ICO and assistance in incorporating the appropriate legal entity;
  • applicable laws and regulations that may apply to the client’s payment and licensing, and content distribution systems;
  • draft White Paper and business plan; including review and comments from a legal and regulatory perspective;
  • whether the tokens to be issued in a proposed ICO constitute “capital markets products” or “securities” under Singapore law;
  • road mapping the entire process of an ICO;
  • procuring applicable licences or approvals from relevant Singapore regulatory authorities for launching the ICO and for the other business services intended to be conducted in Singapore;
  • and/or preparation of agreements between the client’s company and placement agents; and other intermediaries and collaborators, where appropriate;
  • complying with KYC procedure and anti-money laundering requirements under prevailing Singapore laws; and
  • procuring tax advice from our associate tax specialist advisors.



    Do you have an enquiry? Kindly fill up this form and we aim to reply you as soon as possible. For more urgent matters, please call us at +65 6323 8383.

     









     



    Accolades

    Rankings Received From Professional and Commercial Publications In 2021



    The Legal 500 Asia Pacific : Recommended for Financial Services Regulatory

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    Practice Highlights



    Client Testimonials

    • A client's feedback about Quek Li Fei, provided by Citywealth Leaders List 2018

      “Li Fei is a great lawyer to work with, he gives very clear and concise instructions even when he is acting on the client’s side. Thorough and dedicated, he goes the extra mile and adds incredible value with his ability to give the clients right direction and highlights uncomfortable issues which are necessary but may not sit well with the clients. He has excellent knowledge in the field of succession planning, legacy planning and philanthropy planning.”

    • A client's feedback about Quek Li Fei, provided by Citywealth Leaders List 2018

      “I have employed Quek Li Fei’s services from the UK for years, and have always found him to be helpful, clear and detailed in his advice on often very complicated cross-border matters. Where others have given up on such cases in the past, Li Fei goes beyond the call of duty to see the work through, and works with me to provide practicable solutions, using his understanding of the difficulties of multi-jurisdictional legal matters and his thorough knowledge of the law and the Courts in Singapore.”

    • Rothschild Trust's feedback about Quek Li Fei, provided by Citywealth Leaders List 2018

      “I have been working closely with Li Fei over the years and have found his knowledge and expertise very impressive, paired with a great ability to relate to clients and explain complex scenarios in an understandable fashion.”

    • A client's feedback about Quek Li Fei, provided by Citywealth Leaders List 2017

      “My firm has instructed Quek Li Fei to act in the administration of Singapore estate assets on several occasions. Throughout our correspondence Li Fei has provided clear, thorough directions and managed my expectations effectively regarding costs, warnings and case-specific issues. He never fails to answer my questions and those of my clients, without hesitation. In a field in which one of the greatest difficulties is receiving consistent levels of international service, Li Fei offers stable, in-depth support that exactly meets my requirements.”

    • A review provided by the Legal 500 Asia Pacific, 2021 

      “CNPLaw LLP has maintained its emphasis on payment services, blockchain, cryptocurrency, and digital token offerings. The firm represents a wide range of new economy businesses, including fintech businesses and digital platform developers. Quek Li Fei has built an impressive recent record in digital token and payment services matters.”

       


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    Work Highlights

     

    News

     

    CNPupdates – publications written by our Blockchain, Cryptocurrency and Initial Coin Offerings (ICOs) Lawyers







    The Blockchain, Cryptocurrency and Initial Coin Offerings (BCI) Team




    Quek Li Fei Legal Partner at CNPLaw LLP image

    Partner

      In addition to Li Fei’s experience in acting for banks on varied transactions and in general corporate law, he also helps individuals in estate planning, including the legal aspects of wealth management, advising on and setting up trusts and off-shore structures to secure their future and the future of their families. Li Fei is also recognised as a Recommended Lawyer for Banking and Finance and Financial Services Regulatory by The Legal 500 Asia Pacific 2021.

                




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