What Kinds of KYC/AML Do I Need to Do If I am a Crypto Exchange or Blockchain Project in Canada?
Suppose you are a crypto exchange or blockchain project operating in Canada. In that case, you must be aware of the Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations that you must comply with. KYC and AML are core components of the financial system, and understanding these requirements is essential for any crypto exchange...
Read MoreNFT License Agreement – Lawyer’s Guide on Why You Need One
Non-Fungible Tokens (NFT) are a relatively new digital identifier, with sales exceeding over $10.7 billion in just the third quarter of 2021 alone. Similar to other classifications of assets, some laws cover certain aspects of digital assets. However, these laws aren’t sufficient enough to ensure the full scope of rights – NFT license agreements allow...
Read MoreWhy a Crypto, Blockchain or NFT Project Should Hire a Lawyer
In the past several years, blockchain technology has exploded in popularity. Its distributed ledger system is lauded for its security and immutability, and it has been put to use in a variety of industries. One area where blockchain is particularly well-suited is in digital asset management. In particular, blockchain can be used to create and...
Read MoreWhat is an NFT?
If you’ve been following the news lately, you’ve probably heard of NFTs, or non-fungible tokens. But what exactly is an NFT? The following is a simple explanation of what NFTs are, how they work, and why you should care. Non-fungible tokens (NFTs) are digital tokens that are used for trading or collecting. NFTs can be...
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