Service
Blockchain, Cryptocurrency And Initial Coin Offerings
introduction
We have a particular passion and interest in blockchain technology applications, cryptocurrencies, and initial coin offerings (ICOs). We provide comprehensive legal advice to clients involved in this space on Singapore legal issues and regulatory compliance for a range of planned business activities.
Our legal advisory services cover a wide range of issues related to blockchain technology and cryptocurrency, including intellectual property protection, data privacy and security, anti-money laundering regulations, securities laws, and taxation. Our team of lawyers is highly experienced in advising our clients from various industries on structuring their businesses to comply with local regulations and mitigate legal risks.
We advise issuers of tokens, ICO advisors, venture capital firms, and entrepreneurs involved in the blockchain and cryptocurrency space. Our clients’ planned business activities range from utilizing blockchain to enabling business applications in diverse fields, including money remittance, solar energy, consumer rewards, structured social interaction, the music and entertainment industry, the holiday and leisure industry, employment marketplace, consumer rewards, and crypto asset security applications.
By staying up to date with the latest developments in the blockchain and cryptocurrency space, including changes in the legal and regulatory landscape in Singapore and other jurisdictions, our team of lawyers can provide practical advice and guidance to help our clients make informed decisions and achieve their business objectives.
Our core capabilities include providing 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 an ICO and for operating other business services intended to be conducted in Singapore;
- preparing 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 regulations; and
- procuring tax advice from our associate tax specialist advisors.
Testimonials
With you every step of the way.
At CNPLaw, we believe in going the extra mile for our clients. The testimonials that we receive attest to our belief in building relationships first in every engagement we receive.
accolades for Blockchain, Cryptocurrency And Initial Coin Offerings
Award-winning leader in the legal space.
Over the years, CNPLaw has ranked highly in professional and commercial publications on our ability to help clients purposefully navigate the intricacies of the law.
deals & cases
Proven expertise.
CNPLaw's lawyers offer unmatched expertise and unparalleled service to help you navigate every legal challenge.
cnpupdates
An Ever-expanding legal-verse.
Delve into our publications and gain valuable insights on various legal topics.
Get in touch
Our Blockchain, Cryptocurrency And Initial Coin Offerings team is ready to help.
Adopt bespoke legal solutions to overcome legal hoops with our Blockchain, Cryptocurrency And Initial Coin Offerings team's deep expertise.
Partner
Quek Li Fei
In addition to Li Fei’s experience in acting for banks on varied transactions and in general corporate law, he also provided estate planning and succession planning advice to individuals, including the legal aspects of wealth management, setting up trusts and off-shore structures. He also advises on charities and other structures in philanthropy, including setting up charities and companies limited by guarantee.
His cross-border work on various transactions, loans, infrastructure, debt and equity issues have involved lenders, borrowers and corporates in many jurisdictions including Indochina, the PRC, Korea, ASEAN, the Bahamas, Panama and the United Kingdom. He enjoys providing clients with clear thinking on matters that are often highly complex.
He is also actively involved in advising on legal aspects of distributed ledger technology/blockchain, cryptocurrency; ICOs (initial coin offerings), including legal and regulatory compliance.
Li Fei heads the firm’s Banking and Finance as well as Private Clients teams.
Associate
Andrew Eng
Andrew is an associate in the Corporate Finance Practice Group. His main areas of practice include corporate finance, equity capital markets, and general corporate advisory. He has been involved in preparing commercial agreements and general corporate contracts.
Associate
Tan Wee Liang
Wee Liang is an Associate in the Funds and Financial Services Practice Group. His main areas of practice include investment funds as well as banking and finance matters. He has advised fund managers on establishing multi-jurisdictional funds, financial institutions on licensing issues and continuing compliance obligations, and clients on general corporate matters, such as acquisitions and incorporations. Wee Liang also regularly assists clients with matters involving blockchain, cryptocurrency and initial coin offerings, and charity and philanthropy.
Wee Liang graduated from the National University of Singapore (NUS) in 2022 with a Bachelor of Laws and was called to the Singapore Bar in 2023. He is also a member of the Law Society Equity Capital Markets Law Committee, and Visiting Researcher at the Centre for Technology, Robotics, Artificial Intelligence & the Law at the Faculty of Law, NUS.
As part of his broader interest beyond the law, he interned at a food tech venture capital firm in Shanghai, and completed technopreneurship modules at Fudan University and NUS, as part of the NUS Overseas Colleges programme.