Cryptocurrencies & Digital Assets

Do you have questions related to cryptocurrencies & digital assets? Contact us to hear more about your options.

Cryptocurrencies and other digital assets are transforming global finance - enabling instant transfers across jurisdictions and continents and new forms of investments, value storage and value preservation. Powered by blockchain technology, these transactions are secured through cryptography and decentralised consensus, eliminating the need for traditional intermediaries.

As adoption accelerates, the regulatory landscape is becoming increasingly complex. The EU’s MiCA (Markets in Crypto-Assets Regulation) and DORA (Digital Operational Resilience Act) impose stringent requirements on crypto-asset service providers, covering licensing, governance, ICT resilience, and consumer protection. These frameworks demand robust internal policies, risk management, and operational compliance, making expert legal guidance essential.

Schjødt has one of the strongest and most experienced cryptocurrencies and digital assets teams in Scandinavia. We have been trusted advisors for many years to a number of innovative market players and have been at the forefront of the legal and regulatory development in this sector since 2018. We helped establish the first Norwegian CASP in 2018 and have since assisted many national and international market players across Scandinavia.

We advise a wide range of market participants, including SaaS providers of trading solutions, various forms of CASPs (such as crypto exchanges, crypto trading platforms, wallet providers, token issuers), MiFID-regulated players offering crypto-asset services, and funds trading and investing in digital assets. Our team has deep and broad operational knowledge and experience and combines regulatory expertise with transactional and governance capabilities, ensuring clients always get the best legal support and advice for their legal needs.

Our services include:

MiCA compliance & licensing
Guidance on categorisation of crypto-asset services, licensing requirements for exchanges, platforms, custodians, and issuers, drafting white papers, and meeting disclosure and governance obligations.
Blockchain & DLT frameworks
Structuring tokenisation projects, smart contract arrangements, and infrastructure under the EU DLT Pilot Regime.
Internal governance & compliance
Designing policies for KYC/AML, fraud prevention, ICT risk management (aligned with DORA), and operational resilience.
Legal documentation
Drafting and reviewing customer agreements, custody terms, outsourcing arrangements, and technology contracts.
Product development & cooperation agreements
Developing and drafting product documentation, cooperation agreements with other market players, including negotiations.
Tax evaluations
Advising on the tax treatment of crypto-assets, including capital gains, VAT implications, and structuring for cross-border operations within the EU.
Cross-border expansion
Supporting businesses in passporting crypto services across EU jurisdictions, ensuring compliance with gold-plating requirements and best practice standards.