Advising global cryptocurrency exchange operators on entry into Australian market
Law firm Maddocks has advised global cryptocurrency exchange operator, Huobi, on its entry into the Australian market.
The rise in popularity and demand for cryptocurrency trading has resulted in a number of cryptocurrency exchange operators expanding into different countries, including Australia, to create a global brand.
In Australia, new laws and regulations were introduced in April this year to govern cryptocurrency exchange operators and establish a licensing regime for those businesses.
As well as that, certain overseas operators have been partnering with Australian companies and consultants to gain knowledge of the local cryptocurrency market, utilise their existing customer base and share the potential risks and rewards.
Maddocks has recently advised global cryptocurrency exchange operator, Huobi, on the corporate and regulatory aspects of its entry into the Australian market.
The Maddocks team in Melbourne, led by Ron Smooker and Michael Zheng, advised Huobi on its joint venture arrangements with Blockchain Global and assisted in setting up its Australian cryptocurrency exchange business.
Huobi is the third largest cryptocurrency exchange in the world by trading volume and launched their Australian cryptocurrency exchange, Huobi Australia, on 5 July 2018.
Broken down – ACCC’s ‘future matters’ claims strategy in doubt
The Federal Court has ruled against one of the ACCC’s favoured approaches when litigating manufacturers’ claims
Providing strategic advice on expansion structures
Maddocks worked closely with Bailey Nelson to understand their business, operations and future plans
Advising on tech company IPOs
Maddocks has advised US-based tech company Pivotal Systems on their successful IPO and listing on the ASX
Advising on the sale of aged care facilities
High levels of scrutiny and minimal growth has led to a period of consolidation in the healthcare industry