FOR IMMEDIATE RELEASE: [April 16, 2020]
Lex Futurus Decentralized Legal Advisory Group,
ABUJA, Nigeria: Boulevard Aladetoyinbo, Esq., DLT/blockchain securities lawyer and Head of Crypto-asset Capital Formation Practice, Lex Futurus Decentralized Legal Advisory Group (D-LAG) has been appointed and registered as Nigeria’s representative on the ISO/TC 307 of the International Organization for Standardization (ISO), Geneva, Switzerland.
The International Organization for Standardization (ISO) develops global standards for 164 of the 195 sovereign countries recognised by the United Nations across the world. ISO sets proprietary, industrial and commercial standards to facilitate seamless international trade and commerce. The ISO/TC 307 is the Committee charged with the duty to create internationally acceptable standards for blockchain and Distributed Ledger Technologies(DLTs), smart contracts and crypto-assets. Boulevard received committee registration prompt in the ISO Global Directory at 23:16pm(GMT), 24th February, 2020, and thereafter has been working on the ISO/TC 307 to establish internationally acceptable standards for Distributed Ledger Technologies, smart contracts and crypto-assets for the organisation’s 164 national member standards bodies. Before Boulevard joined the ISO/TC 307 the only two African countries represented were South Africa (Participant) and Kenya (Observer).
About Lex Futurus Group:
Lex Futurus Group is a leading international law firm association with a team of top-tier certified lawyers in blockchain and Distributed Ledger Technology (DLT), smart contracts, crypto-asset legal advisory, strategy consulting and training. Lex Futurus Group covers Asia, America, Africa, Europe and Russia, while the relevant specialised consulting and legal service areas covered by Lex Futurus Group include crypto-asset offerings such as Initial Coin Offering(ICO), Security Token Offering(STO), Initial Exchange Offering(IEO), and other crypto-asset token sale models. The international law firm association advises, consults and trains on legally enforceable smart contract compliance, crypto-asset funds, crypto-asset exchange, cyber-security, data and investor rights protection.
Further the firm has consulted for both national securities regulators and international standards-setting bodies for the securities market on blockchain crypto-asset appreciation, possible mainstreaming and regulation in the incumbent financial services industry processes, as well as done strategy consulting for monetary authorities.
The law firm has also advised clients across jurisdictions, and drafted both security token and utility token legal opinion letters on issues relating to crypto-asset offerings and post-token sale compliance obligations; drafting documents such as private placement memoranda, token purchase agreements, investment agreements, Simple Agreement for Future Token (SAFT) and related documentation. Other areas though not exhaustive are legal and compliance to licensing, legal risk assessment, crypto-asset project legal structuring, choosing “crypto-friendly” jurisdiction for incorporation, legal White Paper, One Pager, taxation matters, KYC/AML, and more. For more information, visit our website at lexfuturus.io.