Highly regarded for expertise in blockchain and cryptocurrency and noted for accepting Bitcoin as payment for services. Handles a wide range of matters for FinTech startups, such as cryptocurrency tax and employment matters, security token issuances, risk analysis and company set-up. Also advises multinational payment platforms, p2p lenders and exchanges on entering the Australian market including compliance with privacy, anti-money laundering and counter-terrorism legislation as well as licensing requirements.
Assisted capital growth fund Monochrome in relation to the establishment of a Bitcoin wholesale managed fund, which included preparing fund documentation and considering issues of digital asset custody within a regulated fund structure.
Michael Bacina is widely recognised as an expert on blockchain technology and cryptocurrencies, regularly advising on token structuring, transactions and a host of regulatory issues. A client says: "Michael has deep domain knowledge in the digital asset sector in Australia and has proven to be the best to help companies navigate the space from a legal perspective."