Leading Individuals

Next Generation Partners

Rising Stars

Fintech in Gibraltar

Hassans

Hassans ‘understands the DLT industry very well’ and has ‘particular strength in assisting local DLT providers with applications to the regulator’ and regulatory compliance. Headed by Anthony Provasoli with support from Aaron Payas and associate Jeremy Requena, the group has been a trusted advisor to many leading cryptocurrency businesses, DLT providers, fintech investors and early-stage start-ups on the structuring of their products, licensing and any related issues. Payas and Requena have developed a bespoke offering in the form of foundations for decentralised autonomous organisations (DAOs). Vikram Nagrani is highly experienced in anti-money laundering issues, token issuances, security token offerings and licence applications.

Practice head(s):

Anthony Provasoli; Aaron Payas


Other key lawyers:

Jeremy Requena; Vikram Nagrani


Testimonials

‘Aaron Payas, Jeremy Requena and the rest of this team are very knowledgable about crypto legislation and regulation and are leading on this front in our opinion. Very professional service and fast delivery for legal works to be done.’

‘Hassans understand DLT and our industry very well. They are well positioned to advise and assist effectively and usually quickly.’

‘They have a holistic view on how to best set up a legal entity in Gibraltar with applicable side services, as well as how to become a regulated company.’

‘Hassans teams is very knowledgable and client responsiveness is remarkable by all standards.’

‘Aaron Payas is very knowledgeable and responsive, he has supported several companies on the set up in Gibraltar and leading up to their token launch. I highly recommend his services.’

‘Aaron Payas is an exceptional professional providing sound legal advice to fintech companies. ’

‘The team at Hassans have a can do attitude towards complex matters, and don’t shy away from meeting extreme deadlines on short notice. Their knowledge of their industry is impeccable, and the relationships that Hassans has fostered within their industry, in respect of regulators and service providers, over the years, are priceless.’

‘Great team with a lot of experience in fintech, with particular strength on assisting local DLT Providers with the applications to the regulator and advising them on compliance with the laws generally. ’

Key clients

INX Limited


CEX.IO


ETORO


Modex


Cudo Ventures


DAMEX.io


Panther Protocol


Currency.com


Orbital (PayPerform)


Meme.com


Aurora Protocol


FTFT UK Limited


EXMO


Mingo


Quickbit


Binance


Alphabeth Capital


Cointelligence


Coinbase Global, Inc


deVere Group


Bullish (via Simmons & Simmons LLP as instructing solicitors)


Club Game App


Fragbite Group AG


GSX (Gibraltar Stock Exchange)


Himalaya International Clearing Ltd


Turncoin Limited


BoXX Limited


Koii Labs


CryptoWalkers


Vorlds


Amero Exchange


Subotai


Zip Web3 Limited


ZUBR Exchange Limited


Sigil


Kombatchain


Poolz Platform


Buenbit


Ready Maker Games


Work highlights


  • Supported the Aurora crypto project, an Ethereum Virtual Machine compatible protocol developed on the NEAR network, from its inception.
  • Supported GMGM with its successful application to become a Virtual Asset Provider (VASP) in Gibraltar.
  • Supported WAGMI with its Token sale/SAFT for the Panzerdogs platform which is being developed on Solana Blockchain.

ISOLAS LLP

Led by partner Jonathan Garcia and consultant Joey Garcia, ISOLAS LLP‘s practitioners have ‘a wealth of knowledge and experience in the fintech space’. The firm continues to be involved in government-established working groups in shaping discussions and regulatory proposals for cryptocurrency, crowdfunding and DLT. Garcia and Garcia are joined by Stuart Dalmedo in assisting blockchain businesses and start-ups on the gamut of matters, from raising finance to obtaining regulatory authorisation for carrying out their business activities.

Practice head(s):

Jonathan Garcia; Joey Garcia


Other key lawyers:

Stuart Dalmedo


Testimonials

‘Excellent knowledge of the Gibraltar regulatory framework. Well connected in the Gibraltar regulatory and government community. Highly responsive. Practical advice.’

‘The team is very experienced in the Fintech space, having contributed significantly to the development of the Fintech industry in Gibraltar. They are very knowledgeable of the legal and regulatory landscape applicable to Fintech businesses and have a wealth of experience in dealing with different business models and engaging with the regulator on new technologies disrupting the financial services sector. ’

‘Jonathan and Joey Garcia are stand out lawyers within the team, with a wealth of knowledge and experience in the Fintech space. They are easy to work with and provide invaluable advice to businesses wishing to set up and operate in Gibraltar. ’

Key clients

22.7 L.P.


SSW Alpha Rock Fund PCC Limited


Nexus Prime Limited


IOV Labs Limited (RSK)


Huobi Technology (Gibraltar) Co. Ltd


BTSE Holdings Limited


Bullish Global


Thalex Digital Exchange Limited


Xapo


Work highlights


  • Advising 22.7 L.P. on the structuring and setting up of a cryptocurrency fund in Gibraltar to invest in a wide range of crypto and blockchain-related assets.
  • Instructed by SSW Alpha Rock Fund to create a new cell (sub-fund) which will invest in a wide range of crypto assets and instruments.
  • Assisting Nexus Prime to obtain a distributed ledger technology provider permission under the Financial Services (Distributed Ledger Technology Providers) Regulations 2020.

Triay Lawyers Ltd

Triay Lawyers Ltd is well regarded for its deep knowledge of DLT and crypto-related matters and its work in respect of Class C Payment Services Providers. Key lawyers Joseph Triay, Javi Triay and Jay Gomez advise payment providers, e-money institutions, blockchain companies and start-ups on the initial structuring of licensed entities and ongoing regulatory matters such as passporting, compliance, cybersecurity and token sales.

Practice head(s):

Jay Gomez; Javi Triay


Other key lawyers:

Jay Gomez


Testimonials

‘Triay lawyers are distinguished by precision in their work, high-quality preparation of the technological process for solving the required problem and an individual approach to the client.’

‘I work with Jay Gomez a lot. I am completely impressed by his active position in work, calmness and adherence to the plan in solving emerging issues and problems.’

Key clients

Ribbon PLC


Work highlights


  • Assisted Ribbon Plc in the preparation of the application to the GFSC for an EMI licence.