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February 2019 - Finance. Legal Developments by Stelios Americanos & Co.

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Stelios Americanos & Co LLC and Ch. P. Savvides & Associates LLC, being the consortium law firms of BL ADVISORY INTERNATIONAL,, participated at the Blockchain and Digital Currencies event, held at the University of Nicosia and organized by the Decentralized Nicosia Chapter on 23rd of January, 2019.

Dr. Charalambos Savvides, Mr Menelaos Kesisoglou and Mrs Xenia Kalogirou, members of BL ADVISORY INTERNATIONAL, presented the following topics:

1.            ICOs vs Traditional Crowdfunding: Different types of tokens, differentiation and utilization.

2.           The Regulatory verdict on Crypto-Assets: Presentation and open Discussion over recent reports from EBA and ESMA issued on 9 January 2019 as a response to the European Commission’s 2018 FinTech action plan request for the European Supervisory Authorities to assess the suitability and applicability of the current EU regulatory framework to crypto-assets.

The importance and imminence of the potential benefits of the distributed ledger technology and tokenisation and the speed and efficiency of funding from a diverse investor base via Initial Coin Offerings (ICOs) attracted a significant number of participants, foreign and local, mostly professionals involved in FinTech sector.

BL ADVISORY INTERNATIONAL is a pioneer consortium providing optimal legal advice towards innovative technology business ideas and projects, aspiring to become one of the world’s leading providers of end-to-end advisory services in helping business to raise funds through tokenization and creation of blockchain-based digital assets.

Please contact Xenia Kalogirou,, for further information and/or clarifications.

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