Crypto

Crypto

MCL Introduction to Cryptocurrency

MCL was involved from the very beginning, as part of its financial law department, in cryptocurrency, its legality, issues, risks, etc.


MCL drafted a very straight to the point, user friendly and easy to understand lexicon of cryptocurrency terminology.


Moreover, the managing partner of MCL has joined a team in Luxemburg and established a non- profit organization under the name of Trust In Coins.


 The role of Trust In Coins is the following:


·          Address the issues of crypto currency and block chain


·          Promote the notions of transparency and trust in the world of cryptocurrency


·          Issue certificates of ownership of crypto-currencies, in accordance to the AML/CFT rules


·          Establish an alternative dispute resolution center for crypto currency transactions.


A group of MCL associates are currently undergoing an extensive study about cryptocurrency at the University of Cyprus.