FinTech-companies and cryptocurrencies

The application of modern technologies means payment and financing methods have been repeatedly questioned and reinvented in recent years. FinTech entrepreneurs are revolutionising traditional banking and financial services with technical applications that offer significant advantages in fast payment processing, low transaction fees and the avoidance of intermediaries. This opens new possibilities, such as debt financing (keyword crowdfunding) or Mobile Payment Solutions. In this context, the cryptocurrency Bitcoin is one of the most important innovations of recent years, with a potentially wide scope of future applications. Particularly important and innovative is the so-called Blockchain technology, which is the technology behind the peer-to-peer system of Bitcoin, recording all transactions without exception.

Stadler Völkel Attorneys at Law advise companies that specialize in the field of Bitcoin and Blockchain technology. We were involved in this development from the very beginning and continuously advised, for instance, Coinfinity, operator and provider of the first Bitcoin ATM in Austria. We also specialise in capital markets law and support you, among other things, with the following:

• FinTech products, Bitcoin- and Blockchain applications: legal and regulatory assessment of your business model
• Representation and consultation before the Austrian Financial Market Authority (FMA)
• Advice on compliant payment solutions, particularly with regard to integration in online and physical shops (Merchant Tool Solutions)
• Advice and review of the data protection concept (internal) and data protection declarations of customers (external), particularly with Blockchain applications
• Advice on regulatory requirements for a compliant market entry
• Contract negotiations with investors, financiers and business angels