Fintech clients rely on Jones Day for assistance with the implementation of blockchain and DLT technology into their products, and is also well positioned to assist crypto-focused clients ensure they are compliant with MiCAR. These form the core of practice head Nick Wittek‘s work, and he also offers considerable expertise in securing the appropriate licenses for crypto exchanges and custodians. Jan Philip Nagel advises on the use of DLT in financing transactions and associated regulatory hurdles, while Can Görgülü specialises in regulations governing crypto-assets.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The firm's absolute strength is the in-depth knowledge of the legal and regulatory framework paired with a business pragmatism rarely seen. The team has a very strong connection and trust to the regulator.’
  • ‘Nick Wittek is extremely well connected to the European regulators as well as industry. He is able to advise from a string legal and regulatory background while providing a business interpretation of the law. This allows for business growth while being compliant. He is very clear in his statements and a very approachable and open character.’
  • ‘Pragmatic solution for complex issues. Solutions are found very quickly.’
  • ‘Very good advice in the area of cryptoregulation (MiCAR) and particularly good communication.’

Key clients

  • AllUnity GmbH
  • Baader Bank AG
  • Payward Inc.
  • 360X AG
  • 360 X Art AG
  • DZ Bank AG

Work highlights

Advising AllUnity GmbH on the structuring and implementation of one of the first MiCAR-regulated stablecoins and the required application for a license as an e-money institution.
Advising Baader Bank AG in connection with the MiCAR notification to transit its existing MiFID license for crypto trading into a MiCAR license under the newly introduced MiCAR notification procedure.
Advising Payward Inc. in connection with its market entry into Germany by way of cooperation with DLT securities.

Lawyers

Leading partners

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Practice head

Nick Wittek

Other key lawyers

Jan Philip Nagel; Can Görgülü