News and developments

Blockchain And Digital Currencies

BLOCKCHAIN

AND DIGITAL CURRENCIES

DECENTRALIZED

NICOSIA CHAPTER CONFERENCE

Stelios Americanos &

Co LLC and Ch. P. Savvides & Associates LLC, being the consortium law

firms of BL ADVISORY INTERNATIONAL, www.bla-international.com, 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, [email protected],

for further information and/or clarifications.