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Top 15 Bitcoin and Cryptocurrency Law Firms Worldwide

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It is not easy to find a qualified law firm with enough experience in the crypto space. Here is the list of the top 15 bitcoin and cryptocurrency law firms.

Cryptocurrency and bitcoin are on the way to hold an essential role in the global market. This also enhances the need for defining and understanding the legal structures for cryptocurrency and bitcoins. These firms will inevitabl yaffect them and would lead them to rise. In any business, a good law firm is important and crypto space is not an exception. These legal firms play an important role in defining the future of any business.

It is not easy to find out a qualified law firm with enough experience in the crypto space. In this article, we are going to list out the top 15 bitcoin and cryptocurrency law firms worldwide.

 

1. The Crypto Lawyers:

These legal firms were established in 2018. They feature with an excellent list of clients for the blockchain industry. The law firms created by the website helps the owners of the crypto projects to go through a list of law firms questions. It also includes law firms related to tax strategy and preparation. It is based in California and is one of the best legal firms.

 

2. MME:

It is again one of the best legal firms for the blockchain industry. It includes a team of well-qualified advisors. The team sort out all the law matters and also includes a tax strategy. MME is best known for helping some big names in crypto space like Etherum and Tezos. This firm includes all the related laws that may affect a project in the blockchain industry.

 

3. Bryan Cave Leighton Paisner:

It is one of the most popular legal firms for cryptocurrency and bitcoins. It has expert knowledge of all the legal aspects of virtual currencies. Bryan Cave Leighton Paisner basically focusses on the procedure that how the existing legal firms are applied and how the coming ones are going to affect the new cryptocurrency business.

 

4. Crypto Lawyers Corporation:

It is one of the legal firms that deal with various aspects of the crypto space. It was founded in the year 2017 in California. The specialization of this firm is the blockchain industry itself. This law firm provides all type of regulatory solutions to its customers and helps them to minimize any kind of regulatory risk in this space.

 

5. Dentons:

It is the largest legal firm in the world for cryptocurrency and bitcoins. It provides some high-quality regulatory services backed up by its impressive team of talented and knowledgeable advisors. It also deals with other aspects of the blockchain space such as securities, criminal enforcement, taxation analysis, and privacy and data security. It has already joined the Global Legal Blockchain Consortium.

 

6. Perkins Coie:

This was on the legal firms to be associated with the blockchain space in its initial days. It has a qualified team to assists the customers on various legal aspects such as cybersecurity programs, ledger technology, business operations, corporate formation, securities, and commodities etc. It already has a huge list of clients. This list includes some small startups as well as around 50 big companies.

 

7. Njord Law Firm:

This legal firm is one of the most popular firms for crypto space. It operates at a global level. It provides excellent regulatory services in various countries such as   Lithuania, Latvia, Estonia, Denmark, and Germany. Njord Law Firm provides assistance in various sectors of the crypto space such as financial services regulation, P2P debt, equity financing, crowdfunding and investing, tax etc.

 

8. Rimon Law:

This law firm provides every kind of legal solutions in crypto space. Basically,Rimon Law is a US as well as Israel-based legal firm that assists not only in crypto space but also incorporates laws, tax strategy etc. It is capable of solving every kind of law issues related to cryptocurrencies and bitcoin.

 

9. Royse Law:

This is a global level law firm that provides legal solutions for the clients in the field of crypto, blockchain and bitcoin space It has offices in various parts of the world such as Silicon Valley, San Francisco, Santa Monica, Orange County, and in Beijing, China. Royse Law specializes in the process of planning, structuring, and implementation of ICOs. Also, it deals with securities and tax.

 

10. Ogier Law:

It is one of the international level legal firm that provides regulatory assistance in the sector of crypto space. It provides solutions to various legal issues to blockchain industry such as investment strategies and other opportunities involving cryptocurrencies, blockchain technology, and digital currencies. Ogier Law is located in the U.S., Europe, and Japan.

 

11. Frost Brown Todd LLC:  

Forst Brown Todd LLC is a law firm that has a highly qualified team focussing mainly on crypto and bitcoin space. This legal firm is a member of the famous committee, Chamber of Digital Commerce Lawyer’s Committee. It deals with various legal solutions such as counseling on statutory and regulatory compliance, litigation support, and business transaction assistance.

 

12. Cooley:

It is one of the largest law firms in the crypto space. Cooley also deals with various legal aspects and provides a legal solution to the blockchain industry. It has its headquarter in Palo Alto but also has an office in Silicon Valley. It deals with various sectors of a legal solution to blockchains such as intellectual property, fund formation, and mergers and acquisition transactions.

 

13. Wilson Sonsini Goodrich & Rosati:

Wilson Sonsini Goodrich & Rosati has one of the best team to assist in the legal issues related to the blockchain and crypto industry. It is basically US-based legal firm having its headquarter in Palo Alto. The highly qualifies assisting deals with topics to the clients such as companies planning ICOs, venture firms investing in blockchain companies, and companies using blockchain technology.

 

14. Pillsburylaw:

Pillsburylaw has been providing assistance to the crypto world since the beginning days of the blockchain industry.  It has its headquarter in New York. This firm is an international firm and provides legal solutions for various fields of crypto space such as privacy and data security, corporate formation, venture, and private equity financing etc.

 

15. GoodwinLaw:

GoodwinLaw is undoubted, one of the best and popular legal firm for crypto space. It was founded about 100 years ago in Boston. It provides the legal solution in various fields of cryptocurrencies and bitcoin such as  ICOs, corporate and securities laws, venture financing, regulatory, intellectual property, banking compliance, SEC and criminal defense etc.

#Bitcoin

Donald Trump policies push Mexico to Bitcoin

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Mexico has seen a new all-time high trading volume on localbitcoins. This comes out on the back of the announcement from the Trump Whitehouse.

Mexico has seen a new all-time high trading volume on localbitcoins. This comes out on the back of the announcement from the Trump Whitehouse that remittance payments of Mexican migrants in the United States of America will potentially be the target of new restrictions essentially ending the possibility of Mexican migrant workers to be able to cheaply send money back home to their families.

 

Mexico adopting Bitcoin:

Mexico has been experiencing a massive increase in the number of transactions on localbitcoins. Mexican migrant workers are believed to be exploited by the remittance companies which are charging around 10% fees. What is essentially being discussed here by the Trump Whitehouse is a new tax on these migrant workers. The number that they are currently floating around is a 3% tax on the remittances going from the USA to Mexico. This may not seem super crazy but considering the $33.4 billion which were sent to Mexico in 2018 alone, that extra 3% could mean $1 billion more per year for the United States government.

 

98% of the transactions that were sent during the last year, were sent via electronic means which means that there is actually a very strong remittance route that is ready for mass disruption going from the United States to Mexico and Bitcoin could be the perfect answer. However, the average size of a remittance payment from the United States to Mexico is $322 last year and the problem is that if the fees rise again exponentially on bitcoin, then bitcoin might not be the ideal cryptocurrency for these kinds of smaller remittance payments. Maybe we are going to see some other cryptocurrency being adopted in that situation. But regardless of which cryptocurrency is used, we can see that there is a clear need for disruption as government policies again seeks to impede or overly exploit the free float of money.

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Bitcoin Crashes Downwards: Is BTC Going to Fall Back to $4000?

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Bitcoin fell down to test the $5000 support level. If the current support around $5000 is broken, BTC might really crash to $4500 and $4200 support levels.

Bitcoin fell down to test the $5000 support level which is the most crucial level for BTC currently. The downward correction started after bitcoin tested the $5500 resistance level yesterday at around 18:00 UTC.

 

The resistance around $5500 proved very strong and pushed the price downwards sharply. The sharp declining pattern attracted a lot of sellers which even pushed the price below $5200 support level and BTC tested the $5000 support reaching up to $5018.

BTCUSD Price Chart- Coinbase

BTCUSD Price Chart- Coinbase

Bitcoin is currently trading around $5070 (at the time of publication) showcasing a bearish pattern.

 

Bitcoin Price Drop:

The sudden price drop has led to people speculating that BTC might soon crash back to the $4000 range. Earlier, analysts were also predicting the sudden rise of bitcoin to be a conspiracy. Also, Bloomberg had also called the sudden rise a Blip. If BTC had successfully crossed over the $5500 range, the next major resistance was around $5800, however, BTC fell sharply losing more than $400 in value over the last 24 hours.

 

The bearish move does not clearly indicate a crash towards $4500 and $4000 range, however, if the current major support around $5000 is broken, BTC might really crash to $4500 and $4200 support levels. With the price of bitcoin falling, other major altcoins are also in the red zone today with Ethereum falling more than 8% in the last 24 hours, XRP falling more than 6% and Litecoin falling around 12% in the last 24 hours.

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China to completely ban crypto mining: Bitcoin about to Crash Hard?

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As reported by Bloomberg, China is moving towards putting a complete ban on mining bitcoin and other crypto as it causes serious wasatage of resources.

As reported by Bloomberg, China is moving towards putting a complete ban on mining cryptocurrencies such as bitcoin. In accordance to a document posted by the National Department and Reform Commission of China, the mining of cryptocurrencies should be completely banned as it causes serious wasatage of resources.

 

China is known to be the largest hub of cryptocurrency mining with huge mining rigs been set up in the country. Earlier, China has also banned small investors to invest in security token offerings or STOs and only large investors with more than $1 million funds are allowed to invest in such projects. Now, the country is planning to take strict action against cryptocurrency miners in the country.

 

Cryptocurrency miners were earlier attracted to China due to their cheap electricity rates and subsidies in the country, however, due to the strict actions being taken by the government with the guidelines of the NDRC which has disincentivized cryptocurrency mining, a lot of miners have shut down their operations or moved to other nations.

 

Largest Mining Pools in China:

China has been a hub for some of the largest cryptocurrency mining polls. Even though the mining pools have been shifting to other countries, there has been some effect of the ban on the market for bitcoin and other cryptocurrencies as the mining is a major part of the overall working of cryptocurrencies.

 

How do you think the complete ban on cryptocurrency mining in China will effect the bitcoin price? Tell us in the comments section below.

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