The development of intricate legal structures has been necessitated by the operations of various financial players, including crypto asset service providers (CASPs), cryptocurrency exchanges, investment firms, forex brokers, and banks, especially in Europe. The Markets in Crypto-Assets Regulation (MiCA) in the EU aims to navigate the complex world of crypto assets by providing guidelines for market participants, including licensing requirements, business conduct standards, and regulations to prevent market abuse. The primary goal of MiCA is to bring legal clarity to the cryptocurrency industry within the EU, providing straightforward directives for companies operating in this space.
Entities within MiCA’s scope have been advised to adapt to the new framework within 12-18 months of the regulation’s enforcement. Legal services play an essential role in assisting CASPs with navigating the evolving legal landscape and business development. MiCA offers a transparent regulatory framework under which most CASPs can operate, notwithstanding challenges such as rising costs and increasing process complexity.
These changes are viewed as paving the way for a healthier and more transparent business environment in the long run. Gofaizen & Sherle, a fintech law firm operating in Europe, provides legal and consulting services tailored to the evolving fintech landscape, assisting with project planning, business registration, license acquisition, and ongoing support. The company has a diverse portfolio that includes more than 1000 projects for over 400 clients, with a core focus on enabling CASPs to concentrate on their business activities by managing paperwork and legal processes on their behalf.
The company is organized into various departments, such as the Crypto and Blockchain Consulting Department, the FX and iGaming Consulting Department, the Legal Department, the Operations Department, the Business Development Department, the Accounting Department, and the HR Department, each playing a critical role in providing comprehensive support to clients. The leadership team at Gofaizen & Sherle includes Mihhail Sherle, Maksim Gasanbekov, Leonid Turok, and Kiryl Zaremba, each contributing their expertise to the company’s operations. * Note: *.crypto.news does not endorse any product mentioned on this page.
Users are advised to conduct their own research before taking any actions related to the company.