Chambers FinTech Guide, 2021 edition

Chambers and Partners announced its rankings for the Chambers FinTech Guide 2021 and Piper Alderman has been ranked in Band 3 for FinTech Legal in Australia.  This is the second year the FinTech team has been ranked, with commentary about the practice as follows:

Highly regarded for expertise in blockchain and cryptocurrency and noted for accepting Bitcoin as payment for services. Handles a wide range of matters for FinTech startups, such as cryptocurrency tax and employment matters, security token issuances, risk analysis and company set-up. Also advises multinational payment platforms, p2p lenders and exchanges on entering the Australian market including compliance with privacy, anti-money laundering and counter-terrorism legislation as well as licensing requirements.

FinTech clients were approached during the research process and a client provided this testimonial about the FinTech team:

“The thing that particularly stands out for me is that they are very commercial and savvy; their advice has been instrumental in not just helping us through numerous disputes with good outcomes, but also in building our business and getting things set up well to avoid disputes in the first place.”

Partner Michael Bacina is also recognised for his Blockchain and FinTech expertise in the FinTech Ranked Individuals with a Band 1 ranking.  This is Michael’s third year in the Band 1 rankings and commentary from Chambers and Partners is as follows:

Michael Bacina is widely recognised as an expert on blockchain technology and cryptocurrencies, regularly advising on token structuring, transactions and a host of regulatory issues. A client appreciates that he “goes above and beyond each time,” while another source acknowledges that he is “very committed to this space.”

Source: Chambers FinTech 2021