Before you list a token on a regulated crypto exchange you are often required to seek a legal opinion. The letter is used to verify that the token has undergone technical analysis and that any associated documentation and material has also been classified.

As experts in this field, Saracens can conduct a thorough analysis of the structure and features of the token, along with the details of the project and proposed sale to ensure it meets legal requirements and the right level of protection.

Smart contracts are self-executing digital contracts that contain all the clauses within the code, offering a cost-effective method of reducing overheads and ensuring processes are more streamlined.

In some cases these types of contracts are easily created and easy to access, while also reducing the risk of fraud. However, like all contracts they require legal analysis and need to be constructed in a way that offers protection for all relevant parties.

Saracens Solicitors ensure that the executed outcome of your smart contract is enforceable and legally robust, offering insightful tech guidance to help you achieve your commercial aims.

Managing your taxes can be complicated and stressful at the best of times, and if you trade in cryptocurrency, you may be unsure whether it should be declared. HMRC have stated that profits made on cryptocurrency investments are liable for taxation, so whether you are an individual or a business, this is something that now needs to be considered.

Saracens can discuss your options and process any tax disclosures you intend to make to HMRC. Our finance solicitors will help your asset remain as tax efficient as possible, while always ensuring you are compliant.

Saracens are renowned for our expertise in Intellectual Property (IP) and have seen a steady growth of similar issues now arising in the world of Non-Fungible Tokens (NFTs).

Our team can provide specialist advice and guidance for third parties that wish to protect the IP rights of their NFTs and can also help with any IP dispute that has arisen out of the sale, purchase or creation of an NFT.