Digital Assets and Blockchain

Hess Legal guides businesses in managing risk, protecting innovations and navigating regulatory challenges that accompany the adoption of blockchain, particularly in the financial sector. Specialty areas of expertise include:

  • Digital asset & cryptocurrency market regulation, including broker, dealer, and custody regulation
  • Security and data privacy
  • Drafting and negotiating digital asset and cryptocurrency trading agreements
  • Existing and anticipated laws, regulations, enforcement actions, and technical developments;
  • Smart contract development
  • Money Services Business registration
  • Digital identity advisory
  • Verifying payment, storage, or technology vendors
  • Client private key management and custody
  • Know Your Customer (KYC) and Anti-Money Laundering (AML) regulatory compliance
    • Policies, procedures and operational training
    • Implementation assessment reviews in connection with FinCEN
    • Bank Secrecy Act
  • State Money Transmitter Laws