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

Sergey BruiCo-Founder of Vizor Games

Sergey Bruy
Co-Founder of Vizor Games

Vizor team would like to express its gratitude to the law firm Aleinikov&Partners for legal support of Vizor Interactive projects. It is quite difficult to find lawyers with an excellent understanding of technologies. Lawyers of "Aleinikov and Partners" are those with whom you can speak the same language. Taking into account the timesaving you can achieve with that, such quality cannot be overemphasized. The law firm "Aleinikov and Partners" can be recommended to IT businesses, which need a modern, flexible and professional team.

Elena RybinaGeneral councel at HARIBO Russia

Elena Rybina
General councel at HARIBO Russia

We would like to express our sincere thanks to Aleinikov&Partners law firm and its senior partner, advocate Denis Aleinikov for the highly professional legal assistance and representation of our company’s interests in the courts of the Republic of Belarus at all levels. In particular, we would like to note Denis’ deep involvement in work and creative problem-solving approach that led us to the result we wanted to achieve. The work done was highly evaluated by the opposing party, which undoubtedly indicates service excellence and sets the company apart from the leading Belarusian law firms.

Sergey KostevichCEO of ASBISc

Sergey Kostevich
CEO at ASBISc

We have acquired a reliable partner and consultant in the face of the law firm “Aleinikov and Partners”. We recommend the company for cooperation to anyone who needs effective legal support for M&A deals. It should be noted with confidence that lawyers solve problems with high efficiency and in short time, and not afraid to take the challenges of non-standard clients' requests.

M&A transaction on acquisition of MapData by American Mapbox was finalized

Aleinikov&Partners provided overall legal assistance in M&A transaction on acqusition of MapData by American Mapbox.


A&P Advises Development Bank of Belarus on Expanding its Mandate to Conduct Venture Capital Financing

Aleinikov & Partners has been advising the Development Bank of the Republic of Belarus (DBRB) in drafting a regulatory legal act aimed at amendment of the Belarusian legislation to entitle the DBRB to conduct venture capital financing

World Bank

Aleinikov&Partners Law Firm became the local consultant of the World Bank in the frame of the World Bank’s project on international technical assistance to Belarus aimed at harmonizing of the domestic legislation with respective EU Directives and international standards.