Compliance documents are legal documents that ensure a company’s activities comply with the laws and regulations of a specific jurisdiction. These are particularly important for cryptocurrency and blockchain projects, as this industry often faces uncertainty due to outdated laws that do not account for new technologies like smart contracts, distributed systems, or crypto assets. Key documents used to ensure compliance include:
In general, these documents help companies in the blockchain and crypto industry comply with legal norms, reduce legal risks, and ensure the security and confidentiality of users.
Avitar provides a full range of services in developing compliance documents for companies working with cryptocurrencies and blockchain technologies. We assist with:
We begin by consulting with the client to understand the specifics of their business, jurisdiction, and the requirements that must be considered. We determine which documents are necessary, based on the type of activity and risks involved.
We draft terms of use, privacy policies, AML, and KYC documents in accordance with current legislation. We take into account all important aspects, including blockchain technologies, cryptocurrency specifics, and local and international regulations.
Once the documents are prepared, we provide the client with an opportunity to review them and suggest clarifications or changes if necessary to better reflect the specifics of their activities.
We conduct a legal audit to check the accuracy and completeness of the documents. We ensure that all provisions comply with regulators’ requirements and legislation.
We assist in implementing the developed documents on platforms, websites, or other interfaces to ensure full compliance.
As legislation in the cryptocurrency and blockchain sector changes rapidly, we offer ongoing updating and maintenance of documents to ensure they meet current requirements.
Avitar is chosen for our advantages in working with cryptocurrency and blockchain projects:
We have experience working with cryptocurrency and blockchain startups in various jurisdictions and know how to correctly create documents that meet the requirements of local and international regulators.
We do not use template solutions — all documents are developed individually for each client, considering their business and specific activities.
We not only develop documents, but also assist in implementing procedures and provide legal support at all stages.
We continuously monitor changes in legislation and adapt documents to new requirements.
Case: Development of AML Policy for a Cryptocurrency Platform
Problem: The client, a cryptocurrency exchange, began its operations in the international market. It was necessary to develop an AML policy and KYC procedure that complied with the regulatory requirements in various jurisdictions.
Solution: We created an AML policy that included all necessary procedures to prevent money laundering and ensure compliance with national and international standards. We also developed a KYC system for user identification on the platform.
Result: The platform successfully obtained legal approval and started operating with users from different countries while fully complying with all legal requirements.
Contact us to get help in developing documents to ensure compliance for your cryptocurrency or blockchain business!
Avitar has been supporting our company Softcube since 2018. All this time, their advice was professional, comprehensive, and accurate. Avitar team has excellent expertise in GDPR and copyright law. It is a pleasure to work with them
Oleg Lesov, CEO Softcube
Efficient and effective. Our team has spent min time for explaining our needs and we received tailored and prompt work result. Highly recommend
Dmitry Budorin, CEO Hacken
They're very good in GDPR compliance and user agreements. Our Bookimed team mates are satisfied dealing with Avitar
Evgeniy Khotyanov, CEO Bookimed
The guys are very cool! Minimum of violence against the client, maximum result. In case they are not capable of doing the job, they will find who will - and this is very valuable. Highly recommended!
Nikita Fursov, Founder at 1Dea.me
Developed documents for a web platform that works in the US and Ukraine. Everything is high quality. We will contact more!
Arthur Kritsak, Founder of InReepublic
Before meeting the guys, their recommendations. In my view, the development and scaling of the business was, it was necessary to rush, and then we will deal with putting in order the processes and documents
Eugene Kuzmin, CEO MORZA.co
