Navigating the rapidly evolving landscape of blockchain technology and digital currencies requires more than just legal knowledge—it demands a deep understanding of innovation, technology, and forward-thinking strategy. At the forefront of this transformation, Meyers Roman’s Blockchain & Cryptocurrency attorneys bring over a decade of experience guiding businesses and individuals through the complex legal terrain of decentralized systems, smart contracts, and virtual assets.
Since 2012, our team has worked with startups, family-owned enterprises, investors, and industry leaders to address the unique challenges posed by emerging blockchain applications. From initial concept to commercialization, we provide comprehensive legal support across every stage of development—ensuring compliance, protecting intellectual property, and enabling growth in a highly regulated environment.
Comprehensive Legal Support for the Digital Economy
The rise of cryptocurrencies like Bitcoin, Ethereum, and Litecoin has revolutionized how value is stored, transferred, and secured. With innovation accelerating across sectors such as finance, gaming, healthcare, and supply chain logistics, new legal questions emerge daily. Our multidisciplinary approach allows us to offer tailored solutions that align with both technological advancements and regulatory expectations.
Our practice integrates expertise from multiple domains—including corporate law, intellectual property, cybersecurity, tax, and securities regulation—to deliver holistic counsel. Whether you're launching an initial coin offering (ICO), developing decentralized applications (dApps), or building mining infrastructure, our team ensures your operations remain compliant while maximizing strategic opportunities.
👉 Discover how expert legal guidance can secure your blockchain innovation today.
Core Areas of Expertise
We focus on the foundational elements that drive success in the blockchain ecosystem:
Intellectual Property Protection
Blockchain innovations often involve proprietary software, algorithms, and branding—all of which require robust protection. Our attorneys assist clients in securing copyrights, trademarks, and trade secrets related to blockchain platforms, digital wallets, and token designs. We also draft non-disclosure and non-compete agreements to safeguard sensitive information during development and collaboration.
Corporate Structuring & Compliance
Choosing the right legal structure is critical for blockchain ventures. We advise on entity formation, equity distribution, and governance models that optimize tax efficiency and investor appeal. For companies engaging in token sales or fundraising, we ensure adherence to federal and state securities laws, including registration exemptions and reporting obligations.
Smart Contracts & Decentralized Applications (dApps)
Smart contracts are transforming how agreements are executed—automating processes without intermediaries. Our team reviews, drafts, and audits smart contract code to minimize vulnerabilities and ensure enforceability. We also support developers building dApps across DeFi, NFT marketplaces, and Web3 platforms.
Regulatory Guidance & Risk Management
As regulators intensify scrutiny on digital assets, compliance is non-negotiable. We help clients navigate Anti-Money Laundering (AML) requirements, Know Your Customer (KYC) protocols, and Money Services Business (MSB) licensing. Our attorneys also assist in designing internal cybersecurity programs to protect against data breaches and fraud.
Technology Transfers & Commercialization
Bringing blockchain solutions to market involves licensing, joint ventures, and strategic partnerships. We facilitate technology transfers, draft service agreements for software development firms, and negotiate hosting and equipment sales contracts—ensuring clarity, scalability, and legal protection.
Industry Applications of Blockchain Legal Services
Blockchain technology extends far beyond cryptocurrency. Our attorneys have advised clients across diverse sectors where decentralization adds value:
- Supply Chain Logistics: Enhancing transparency and traceability through immutable ledgers.
- Healthcare: Securing patient records with permissioned blockchains.
- Energy: Enabling peer-to-peer energy trading via smart meter integration.
- Gaming & Virtual Reality: Tokenizing in-game assets and enabling cross-platform ownership.
- Insurance: Automating claims processing using smart contracts.
These use cases illustrate the transformative potential of blockchain—and the need for specialized legal frameworks that keep pace with innovation.
👉 Explore how legal strategy can unlock the full potential of your blockchain project.
Proven Track Record in High-Impact Matters
Our experience speaks to our capability in handling complex, high-value transactions and regulatory challenges:
- Negotiated the sale of $165 million worth of cryptocurrency mining equipment.
- Drafted hosting agreements and equipment sales contracts for major blockchain infrastructure providers.
- Advised U.S.-based companies on structuring compliant initial coin offerings (ICOs).
- Guided investors in blockchain-powered voting technology startups on regulatory pathways.
- Prepared comprehensive website terms of service and privacy policies for digital retailers.
- Developed licensing frameworks for software development firms building decentralized platforms.
- Provided federal and state tax planning strategies for entities holding or transacting in digital assets.
Each engagement reflects our commitment to delivering results-driven legal counsel that supports long-term vision.
Collaborative Approach to Industry Advancement
We believe progress in the blockchain space depends on collaboration. Our attorneys actively engage with thought leaders, other legal practitioners, and industry groups to shape responsible regulation and promote ethical innovation. By staying ahead of legislative trends and participating in policy discussions, we help clients anticipate change—not react to it.
Whether you're entering the space for the first time or scaling an established operation, our team provides strategic insight grounded in real-world experience.
Frequently Asked Questions
Q: What legal issues should I consider before launching an ICO?
A: Launching an ICO involves compliance with securities laws, investor disclosures, KYC/AML procedures, smart contract auditing, and potential cross-border regulations. Proper structuring is essential to avoid enforcement actions.
Q: How can I protect my blockchain-based software from being copied?
A: You can protect your software through copyright registration, patenting novel algorithms (if applicable), enforcing trade secret protections, and using licensing agreements that restrict unauthorized use.
Q: Do I need a license to operate a cryptocurrency business in the U.S.?
A: Many U.S. states require a Money Transmitter License (MTL) or equivalent if your business involves transferring or exchanging digital assets. Federal registration as a Money Services Business (MSB) with FinCEN may also be required.
Q: Are smart contracts legally enforceable?
A: Yes, under certain conditions. If a smart contract meets traditional contract elements—offer, acceptance, consideration—and is linked to a legal obligation, courts may recognize it as binding. However, clarity in code and off-chain documentation strengthens enforceability.
Q: How does taxation work for cryptocurrency transactions?
A: The IRS treats cryptocurrency as property. Gains from sales or exchanges are taxable, and businesses accepting crypto must report it as income. Proper recordkeeping and reporting are crucial for compliance.
Q: Can blockchain be used in regulated industries like healthcare or finance?
A: Absolutely. Permissioned blockchains are increasingly adopted in healthcare for secure medical records and in finance for settlement systems. Legal compliance with HIPAA, GDPR, or banking regulations must be built into the system design.
Tailored Legal Strategies for Your Unique Goals
Every blockchain initiative is different—whether you're developing a new protocol, launching a token, or integrating distributed ledger technology into existing operations. A one-size-fits-all legal approach won’t suffice. That’s why we take the time to understand your vision, risks, and objectives before crafting a customized legal roadmap.
👉 Secure your position in the future of finance with trusted legal expertise.
Our integrated team model—combining corporate, IP, tax, and litigation specialists—ensures no detail is overlooked. From formation to dispute resolution, we stand ready to support your journey in the digital economy.
No matter where you are in your blockchain journey, Meyers Roman offers the experience, insight, and dedication needed to thrive in this dynamic field.