Cryptocurrency Legal Services at MCL
As the digital world continues to evolve, so does our legal practice. At MENA City Lawyers (MCL), we are pioneers in navigating the legal intricacies of cryptocurrency. Since the inception of digital currencies, our financial law department has been deeply involved, thoroughly exploring its legality, the associated risks, and potential issues.
Understanding the complex nature of cryptocurrency, we have taken an initiative to simplify the dialogue around it. MCL has developed a comprehensive, user-friendly lexicon of cryptocurrency terminology, making it easy to understand for everyone, from neophytes to seasoned investors.
Going a step further, our managing partner has co-founded a non-profit organization based in Luxembourg, named Trust In Coins. This organization aims to address the challenges posed by cryptocurrency and blockchain technology while fostering transparency and trust in this evolving realm.
Key responsibilities of Trust In Coins include:
- Addressing issues related to cryptocurrency and blockchain
- Promoting transparency and trust in the world of digital currencies
- Issuing certificates of cryptocurrency ownership, in accordance with Anti-Money
Laundering/Countering the Financing of Terrorism (AML/CFT) rules
- Establishing an alternative dispute resolution center for cryptocurrency transactions
Additionally, several MCL associates are currently pursuing an extensive study on cryptocurrency at the University of Cyprus. This effort underscores our commitment to staying abreast of the dynamic field of digital currencies and blockchain technology. Through our specialized knowledge and proactive approach, we are positioned to guide our clients through the legal landscape of cryptocurrency with confidence and precision.