Light-white and blue waves indicating Spice Route Legal's work in digital asset regulations, blockchain and cryptocurrency

Blockchain and Cryptocurrency

In response to the rapid adoption of blockchain and cryptocurrencies, the Government of India has begun efforts to strictly regulate the use of such digital assets. Members of our team have been advising some of the largest entities in this space since 2010, continuously adjusting business models to ensure compliance with the evolving regulatory framework.

From ICOs to large-scale enterprise adoption of blockchain technology, the team has seen it all!

Work Highlights

Advised a joint venture of 18 leading commercial banks in India (which control 95% of India’s trade finance business, including ICICI Bank, HDFC Bank, State Bank of India, Standard Chartered Bank, Bank of Baroda, Kotak Mahindra, and Yes Bank etc.) on the implementation of a blockchain-focused trade finance platform.

Assisted a blockchain-based cybersecurity firm in evaluating regulatory risks associated with their market entry in India.

Advised a first-of-its-kind blockchain-powered platform (for a large consortium within the logistics and the shipping industry) with complex advisory on the India-specific laws and regulations that may affect the sharing of data through the platform between its participants.

Advised India's leading crypto exchange on risk mitigation strategies, as well as KYC/AML and onboarding – a matter which goes to the regulatory distrust of crypto exchanges.

Advised a blockchain-powered platform (for a large consortium within the logistics and shipping industry led by IBM and Maersk) on regulatory, intellectual property, data, technology, e-commerce, competition law, and customs-related matters in India.

Advised one of India's most disruptive crypto trading companies on multiple fundraises, compliance with RBI regulations on payments, and an investigation by the Police.

Advised one of the world’s largest private equity funds on multiple investments into crypto-assets in South-East Asia.

Advised India’s largest DeFi platform on multiple fundraises and assisted in identifying and mitigating regulatory concerns in India, Singapore, and the Cayman Islands.

Key Contacts

Matthew Chacko
Mathew
Chacko
Ankita Hari Ramani
Ankita
Hariramani
Soumitra Ponkshe
Soumitra
Ponkshe
energy lawyers in india
Vishal
Singh