As one of the most exciting new technologies, blockchain and cryptocurrency are disrupting the business world. Whether used for investment, or as a tool to undercut competitors with speedy transaction processing, the blockchain heralds a new era in global finance. Check this out :b3i.tech/
The blockchain and its related technologies are creating opportunities for companies to operate in a different way, improve efficiencies and potentially reduce cost, which can then be passed on to customers. However, this technology is not without its challenges and there are many issues which businesses need to address.
The Most Trusted Crypto Advisors in the UK
It is important to understand these risks before deciding to enter the space. A clear understanding of the relevant legislation and the impact of regulations will be essential to ensure your company is compliant with the law. This will also protect you from potential regulatory penalties and sanctions.
Our team includes experts who can assist you with all aspects of your business, from initial coin offerings and ICOs, to advising on the risks of the decentralized finance ecosystem (‘DeFi’). We have broad expertise across the cryptocurrency and blockchain infrastructure, marketplace, lending and insurance engines, as well as other areas of the sector.
Those who are considering operating as a cryptoasset service provider or exchange in the UK will need to register with the Financial Conduct Authority, or risk falling foul of advertising rules under the Financial Services and Markets Act 2021 (Financial Promotion) Order 2005. Rahman Ravelli can provide comprehensive guidance to help you through this process.