Cryptoassets and tokens
We are advising a Lithuanian-licensed Electronic Money Institution, on the design and full regulatory implementation of its euro denominated Electronic Money Token (EURM) in compliance with EU Markets in Crypto Assets Regulation (MiCA).
We advised a polish comapny on obtaining Bank of Lithuania approval for the acquisition of 100% of the shares in a licensed Electronic Money Institution (EMI). Our work focused on the preparation of a comprehensive change of control application package, including ultimate beneficial ownership, financial standing, business plan impact, source of funds, and fit and proper assessments for management and key function holders. We also coordinated all regulator Q&A and ensured the submission met the highest supervisory standards.
We advised a licensed Polish e-money institution, on a strategic, cross-border initiative involving the regulatory structuring, operational planning, and legal implementation of MiCA-compliant Electronic Money Tokens (EMTs) intended for issuance and trading across Asia.
We continue to work with the client, a virtual asset service provider (VASP), on a project to obtain approval as a cryptoasset service provider (CASP).
For leading e-money institution we provide legal services applicable legal frameworks, regulatory standards, and industry best practices governing e-money and cryptoasset operations.
We advised an e-money institution, on the structuring and execution of a multi-stakeholder equity investment, aimed at financing the development and European rollout of a MiCA-compliant stablecoin platform.