Law
Firm

Blockchain

Aleinikov & Partners law firm is a developer of the first legal act in the CIS that regulated circulation of cryptocurrencies and other digital assets (Decree of the President of the Republic of Belarus dated December 21, 2017 No.8 On Development of Digital Economy). Decree No.8 laid the foundation for the implementation of blockchain technology in various sectors of the economy, token circulation, cryptocurrency exchanges, and mining. Many provisions of Decree No.8 were called unique on a global scale by international experts.

Senior partner at Aleinikov & Partners Denis Aleinikov has developed a legal concept of smart contracts, which is reflected in Decree No.8. This made Belarus the first country in the world to legalize smart contracts as a new means to conclude and execute contracts using digital tokens.

Today, with the development of NFT technology, the importance of legally binding smart contracts increases. NFT can become a unique digital identifier of any objects of civil rights, forming the global market for digital avatars of both the physical and virtual worlds’ objects. At the same time, legally binding smart contracts will ensure their legal circulation in the blockchain or other distributed ledger technology around the world.

Our work in the field of blockchain covers the following aspects:

  • Organizational and legal support for the creation of NFT (non-fungible tokens)
  • Counseling on regulatory requirements for the use of DLT (distributed ledger technology);
  • Counseling on the introduction of digital tokens to various sectors of the economy;
  • Counseling on issuance of blockchain-based debt instruments (blockchain bonds);
  • Counseling DeFi-projects on risk detection, analysis and mitigation;
  • Assessment of the regulatory impact of normative legal acts on the blockchain projects;
  • Counseling on the organization of and compliance with KYC / AML procedures when circulation of digital tokens is underway;
  • Counseling on tax issues, connected with digital tokens circulation.

See an advanced list of services in Technology

Oleg RogovenkoFounder of Awem Games

Oleg Rogovenko
Founder of Awem Games

Aleinikov&Partners proved as the team of high-skilled and experienced professionals who can quickly come up with a decision on any legal matters concerning the activity of HTP's resident and growth IT company. Their best quality is the systematic approach to the solution of the assigned tasks. They are trying not only to solve the current issue but anticipate the result of the situation. Exceptional specialists moving the company forward. It's a real pleasure to cooperate with them.

Andrey YarantsevTop Manager of Wargaming & Melsoft

Andrey Yarantsev
Top Manager of Wargaming & Melsoft

We have been cooperating with Aleinikov&Partners law firm on various issues for several years. The representatives of this company are friendly, decent as well as always attentive to the issues in question. Especially I would like to emphasize their deep understanding of the specifics how start-ups work and the nuances of companies which entire into the cross-border market. In my opinion, Aleinikov&Partners is the absolute leader in the number of top-level transactions in the IT-field and the Game Industry in our country.

Natalya LitvinovaMarketing director of «Syabar Brewery»

Natalya Litvinova
Marketing director of «Syabar Brewery»

Together with high quality of legal services we would like to mention efficiency, high involvement in the process and ability to foresee how things will turn out.

Tikkurila

Aleinikov&Partners supported a renown Finnish manufacturer of paints and lacquers in entering the Belarusian market.

M&A transaction between Google and AIMATTER company was finalized

Aleinikov&Partners Law Firm finalized the M&A transaction on acquisition of Belarusian startup AIMATTER, which has built both a neural network-based AI platform and SDK to detect and process images quickly on mobile devices, by American giant Google.

Advising Sports.ru in M&A transaction on acquisition of Belarusian mobile app developer

Aleinikov&Partners Law Firm together with AstapowLawyers International Law Group advised Sports.ru on acquisition of 90live.org – Belarusian developer of mobile applications for football fans.