Cryptocurrency, Metaverse, and Blockchain Law
The world of digital assets, including cryptocurrencies, the metaverse, and blockchain technology, presents unique legal challenges. At Stokes Law, our team of experts are here to provide comprehensive legal guidance in these emerging fields. We offer specialized services to help individuals and businesses navigate the complexities of digital asset law.
Cryptocurrency, Metaverse, and Blockchain Law Services
Metaverse Disputes
Our team handles conflicts within virtual worlds, ensuring your rights and interests are safeguarded in the metaverse.
Property Ownership / Rights
We assist clients in establishing and defending property rights for digital assets, including virtual real estate and NFTs.
Dissipation Issues
We address the illegal or improper dissipation of digital assets, helping to recover and protect your investments.
Disclosure of Digital Assets and Compelling of Same
Our lawyers ensure full disclosure of digital assets in legal matters, utilizing legal mechanisms to compel necessary information.
Record Keeping Advice
We provide guidance on maintaining accurate records for digital assets, essential for compliance and dispute resolution.
Taxation of Digital Assets
We offer expert advice on the tax obligations related to cryptocurrencies and other digital assets, ensuring compliance and optimizing tax positions.
Navigating Challenges
and Finding Solutions
The digital asset space is rapidly evolving, creating uncertainty and potential legal issues. You might face disputes over property rights in the metaverse, challenges with smart contract liabilities, or concerns about the proper disclosure and taxation of your digital assets. These issues can be complex and require specialized knowledge to resolve effectively.
At Stokes Law, we provide clear, knowledgeable, and effective solutions to these challenges. Our experienced lawyers work closely with you to understand your specific situation and develop tailored strategies to achieve the best possible outcomes. Whether through litigation or advisory services, we are committed to protecting your interests in the digital world.
Testimonials
“Cody and his team are dedicated to their clients to help them through some of their most difficult experiences in life. They are very knowledgeable in their field and will work hard to deliver the best outcome possible for you! Highly recommend!”
– Shannon G.
FAQ
Smart contracts can create legally binding obligations. We advise on their use, helping to ensure they are enforceable and that liabilities are properly managed.
Digital assets are subject to various tax regulations. We provide expert guidance on complying with tax laws and optimizing your tax position.
We address metaverse disputes by applying relevant laws and advocating for our clients’ rights in virtual environments.
Cryptocurrency earnings are subject to tax in Canada. We provide expert guidance on all cryptocurrency matters including capital gains and business income.
The legal implications of using blockchain technology includes data privacy, regulatory compliance, and contract enforcement. Our lawyers ensure that all businesses comply with the applicable laws and consider the legal risks that are associated.
As the metaverse evolves, our courts and regulators are developing frameworks to address these disputes. Our lawyers can help you work through this process and explain all the relevant laws and steps if disputes arise.
Yes, cryptocurrency is required to be reported to the CRA. This may include income that is earned from buying, selling, trading, or mining. Failing to report can result in penalties and legal consequences.
Contact Us
Stokes Law is a pioneering force in the legal industry, offering a unique approach that sets us apart in the market.
Our team of legal professionals brings together diverse skill sets to better serve our clients' needs, particularly in family law matters.
By emphasizing personalized attention and cost-effective solutions, we've carved out a distinctive position as the go-to destination for individuals and families seeking legal services.
Our Locations
We are not just a law firm; we are a cohesive unit, combining diverse skill sets to better serve our clients. Our approach is rooted in collaboration, where every member of our team plays a vital role in crafting tailored strategies for each case.
Calgary
MOUNT ROYAL EXECUTIVE CENTRE
909 17 Ave SW 4th Floor,
Calgary, AB T2T 0A4
Edmonton
MANULIFE PLACE
Suite 3400, 10180 - 101 Street,
Edmonton, Alberta, T5J 3S4
Litigator & Mediator - Legal Coach
Cody P. Stokowski
Cody has been practicing family law since 2019 and holds a certification in Web3, Blockchain, and Metaverse Law. He focuses on fostering open communication and minimizing conflicts. Cody has extensive litigation experience and is committed to making a positive community impact through pro-bono work and volunteering.