Publication
Legal strategies to tackle fraud in early-stage investments in Asia
In the wake of the recent eFishery scandal early-stage investors are recalibrating their approach to due diligence and risk tolerance.
Global | Publication | May 2016
Norton Rose Fulbright’s global blockchain and cryptocurrency team has produced a global legal and regulatory guide to cryptocurrencies.
The guide is issued in a series of chapters, published monthly.
The topic of Bitcoin and other cryptocurrencies is attracting considerable attention among central banks, regulators and legislators. The potential benefits of these technologies are well known, including their ability to lower transaction costs, reduce payment timeframes and improve financial inclusion. There are also a multitude of perceived risks that the authorities and stakeholders are exploring in order to identify the regulatory measures that may be necessary to mitigate concerns over security, consumer protection and financial crime.
So far, the global legal and regulatory response to cryptocurrencies has been fragmented with a patchwork of uncoordinated initiatives developing in different jurisdictions. In the US and Asian markets, legislative action has already been taken or is underway. There is the potential in the EU, Australia and Canada for market participants that act as gateways between conventional currencies and cryptocurrencies, such as exchange platforms, to be declared subject to anti-money laundering and counter terrorist financing (AML and CTF) requirements. In other regions, activities related to cryptocurrencies may be prohibited or are otherwise heavily restricted.
As a general rule, where no specific steps have been taken to regulate cryptocurrencies in the relevant jurisdiction, it would be necessary to refer to the existing legal and regulatory frameworks to understand how they might apply to the new circumstances that the technology enables. This is particularly important where cryptocurrencies arise in the context of industries that are already significantly regulated, such as cryptocurrency-related insurance or investment products, which we do not consider further in this Chapter.
This Chapter outlines the main regulatory developments affecting cryptocurrencies in the US, China, the EU, Canada and Australia.
If you would like to discuss any aspect of this topic further, please get in touch.
Publication
In the wake of the recent eFishery scandal early-stage investors are recalibrating their approach to due diligence and risk tolerance.
Publication
As we stand on the cusp of transformative change within the energy sector, anticipation builds around the UK government’s impending decision on the Review of Electricity Market Arrangements (REMA). This briefing provides a recap of the proposals made to date and looks at the potential future impact of the REMA proposals on market players.
Publication
Following the launch of the new Electricity Law on 30 November 2024, which took effect on 1 February 2025 (Electricity Law 2024), Decision No. 768/QD-TTg (Decision 768) issued on 15 April 2025 by the Prime Minister of Vietnam approved the revised National Power Development Plan VIII (PDP 8) for the period 2021–2030, with a vision to 2050. This decision replaces the previous Decision No. 500/QD-TTg, dated 15 May 2023.
Subscribe and stay up to date with the latest legal news, information and events . . .
© Norton Rose Fulbright LLP 2025