Financial technology (FinTech or fintech) is the new technology and innovation that aims to compete with traditional financial methods in the delivery of financial services. It consists the use of smartphones for mobile banking and investing services are examples of technologies aiming to make financial services more accessible and time-saving to the general public. Ali Pay and WeChat Pay is a very good example of fintech that was widely used in China and now in Australia.
Bitcoin is a digital currency, also known as a cryptocurrency because of the cryptographic algorithms on which it is based. Bitcoin is already transforming the way in which businesses interact both across international borders and in Australia. Part of the appeal of using Bitcoin for business-to-business transactions is the reduced transaction costs and tax implications. Some Bitcoin advocates argue that Bitcoin will eventually transform industries and continue to become more accepted internationally.
Financial technology law is one of the most complex areas of law. Salerno Law’s financial technology law specialists pay close attention to the details of every case and understand the importance your matter.
Our lawyers are motivated, qualified, and experienced in providing cost-effective solutions to financial technology and cryptocurrency matters. We deliver better returns at lower costs for our clients Australia-wide and internationally and operate seven days a week.
Salerno Law have earned and maintained a reputation for results in financial technology law. We specialise in all areas of financial technology law, including:
Salerno Law is proud to be one of the first law firms that accept cryptocurrencies as a form of payment for legal fees from their client. Salerno Law will accept Bitcoin and Ethereum as a form of payment.
Salerno Law beliefs that cryptocurrencies were “all part of the online world now”.