Hess Legal provides strategic legal guidance to businesses navigating the complex regulatory landscape of digital assets and blockchain technology, with a particular focus on the financial sector. Our firm helps clients manage risk, protect innovations, and comply with evolving regulations to achieve their business objectives.
Key Services:
- Regulatory Compliance:
- Advising on U.S. and international digital asset regulations, including broker, dealer, and custody rules, and compliance with SEC, CFTC, FINRA, and state laws.
- Developing and implementing Know Your Customer (KYC) and Anti-Money Laundering (AML) programs, including training and policy development.
- Digital Asset Transactions:
- Drafting and negotiating agreements for digital asset trading, custody, and platform operations.
- Structuring smart contracts and ensuring compliance with legal and regulatory standards.
- Data Privacy and Security:
- Ensuring compliance with data privacy regulations (GDPR, CCPA) for blockchain and digital asset activities.
- Advising on secure digital identity solutions, private key management, and vendor due diligence.
- Money Services Business (MSB) Registration:
- Guiding clients through MSB registration with FinCEN and state-specific licensing requirements.
- Strategic and Technical Advisory:
- Advising on new technologies, such as decentralized finance (DeFi) and non-fungible tokens (NFTs), and their regulatory implications.
- Conducting risk assessments and providing ongoing regulatory updates.
- Regulatory Advocacy:
- Representing clients in interactions with regulators, responding to inquiries, managing enforcement actions, and advocating for favorable regulatory outcomes.