At Credence, we understand the limitless potential of distributed technologies and the adoption of cryptocurrency as an alternative form of payment. Our attorneys, many of whom are crypto enthusiasts, possess a deep knowledge of the applicable laws and regulations on blockchain and digital assets, and as a result, stakeholders in the blockchain ecosystem, including digital asset companies and investors, come to us to obtain bespoke legal guidance on formation, licensing, compliance, intellectual property protection, initial coin offering projects, and venture financing. We also support our clients by interfacing with regulators seamless. 

Selected Experience of the Team: 

• Advised the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) on the legal and regulatory issues applicable to the recently launched Central Bank Digital Currency (CBDC) i.e., the e-Naira, in Nigeria 
• Represented several global technology companies on issuance, launch and operation of crypto products/digital assets in Nigeria- advised on the applicable laws and regulation from a Nigerian law perspective. Also, engaged with the Securities and Exchange Commission (SEC) and the Central Bank of Nigeria (CBN) on behalf of the clients on the applicable regulatory framework to the proposed products in Nigeria. Attended several meetings and interviews with the regulators and the clients and issued memoranda to the clients on the various regulations and compliance framework applicable to the clients in Nigeria