Cryptocurrency and DLT


Nodia, Urumashvili &Partners has a unique experience in cryptocurrency and distributed ledger technology field in Georgia.


WHAT WE DO:

Cryptocurrency. Advising on legal and tax aspects of cryptocurrency transactions under Georgian law.

Blockchain Technology. Assisting in the implementation of blockchain projects in Georgia, including drafting and negotiation of the cooperation agreements, as well as advising on exploiting blockchain in the public and private services in Georgia.  

Smart Contracts. Advising on legal aspects of exploiting smarts contracts in Georgia.


EXPERIENCE AND HIGHLIGHTS:

Blockchain: The partner Eprem Urumashvili is a representative of the world’s leading full-service blockchain technology company Bitfury Group in Georgia. We have advised Bitfury Group in connection with the cooperation agreement with the Georgian Government on the implementation of the innovative blockchain-based land-titling project for the first time in the world in Georgia. Harvard Business School, Bloomberg and the New York Times have interviewed Eprem Urumashvili on land-titling project.  

Cryptocurrencies: We are experienced in advising on tax and regulatory matters relating to cryptocurrency transactions in Georgia.


RECOGNITIONS:

Eprem Urumashvili assisted The Bitfury Group with piloting a blockchain land titling project with the Georgian National Agency of Public Registry. “ – Legal 500,  2018

“Nodia Urumashvili & Partners has acted on a range of financial and corporate work during the research period, working on deals in cryptocurrency, mining and pharmaceuticals.” – IFLR 1000, 2018

“Represented BitFury Group in negotiating a contract with the Georgian National Agency of Public Registry to design and pilot a blockchain-based project relating to land titles in Georgia.” – Chambers Europe, 2018