Lawyer’s actions:
Collect information about the client and their crypto assets/NFTs.
Analyze the structure of assets, transactions, legal and tax risks.
Identify client needs (regulatory issues, court disputes, tax planning).
Consultant
Legal consultations 24/7
Greetings 👋
My name is Alexander, I am your personal manager. Let me help you!
Collect information about the client and their crypto assets/NFTs.
Analyze the structure of assets, transactions, legal and tax risks.
Identify client needs (regulatory issues, court disputes, tax planning).
Check the client’s activities for compliance with FCA (Financial Conduct Authority) requirements.
Determine which types of crypto assets are subject to regulation and prepare recommendations.
Develop internal AML/KYC (Anti-Money Laundering / Know Your Customer) procedures.
Analyze tax obligations for crypto assets and NFTs (Capital Gains Tax, Income Tax, corporate taxes).
Develop tax strategies for investment or commercial use of assets.
Prepare reports and correspondence with HMRC if necessary.
Prepare and submit claims or defense documents in case of ownership disputes over crypto assets.
Represent the client in negotiations or court.
Prepare evidence, track blockchain transactions to confirm ownership rights.
Draft purchase/sale agreements for crypto assets or NFTs, licensing agreements.
Negotiate terms with counterparties, ensure compliance with legal and tax requirements.
Prepare agreements regarding asset management and transfer of digital assets.
Cryptocurrencies are digital assets that use cryptography to secure transactions and control the creation of new units. The most well-known examples are Bitcoin and Ethereum, but thousands of other cryptoassets exist today, including NFTs (non-fungible tokens).
In the United Kingdom, cryptocurrency regulation is overseen by the Financial Conduct Authority (FCA). Some assets, like Bitcoin and Ethereum, are not considered securities, while other tokens may fall under financial regulations.
As the crypto industry grows, the number of legal disputes related to cryptoassets has increased. A major concern is establishing ownership rights and control over digital assets. Unlike traditional assets, cryptoassets are intangible and can be difficult to trace, complicating legal protection in disputes.
Fraud and scams are another common issue. Investors have lost millions to fraudulent schemes, and the legal framework for recovering lost assets is still evolving. Seeking professional legal guidance is crucial for protecting your investments.
Taxation for cryptoassets and NFTs is complex and varies depending on the asset type and its use. In the UK, HM Revenue & Customs (HMRC) provides guidance for crypto taxation.
Cryptoassets held for investment purposes are subject to capital gains tax, calculated as the difference between purchase price and sale proceeds.
NFTs are also taxable, depending on their purpose. For example, NFTs purchased as investments are subject to capital gains tax when sold, while commercial or mining-related uses may have different tax obligations.
Regulations, legal disputes, and tax consequences for cryptoassets and NFTs are complex and constantly changing. Legal support can help you:
Our team of Consultant lawyers specializes in cryptocurrency and NFT legal matters in the UK. We provide:
Protect your digital assets and investments – contact Consultant today, and our experienced lawyers will guide you through the legal landscape of cryptocurrencies and NFTs.
In the CONSULTANT mobile app
As a Client, you are freed from all financial risks when collaborating with Contractors, as the payment amount is reserved by our service and is paid to the Contractor only after receiving confirmation from you about the completion of the stage.
If the service is not provided, the funds are returned to you. The service takes on all financial risks and acts as a guarantor and custodian of funds, and in case of disputes between the parties, acts as an independent Arbitrator.
Your money is in safe hands!
We verify each specialist who signs up for our service and ensure the high quality of our services.
CONSULTANT - is a clear and largest ranking of lawyers and attorneys
so that everyone can choose the best specialist in the right place and at the right time.
The rating of lawyers is formed on the basis of positively completed orders, your feedback, ratings
and comments. The rating cannot be bought: it is formed exclusively by users. TTherefore, if you
need services, advice or preparation of documents from the best lawyers and attorneys
- you can confidently trust our specialists!