Vircon Legal advises crypto-asset issuers, layer-1 and layer-2 networks, DAOs, and digital asset infrastructure operators on token economy design, regulatory perimeter analysis, and structuring of international issuance vehicles. Our team works as on-chain native counsel for clients operating between Turkey, the U.S., the UAE, and other crypto-friendly jurisdictions.

Vircon Legal is one of the most active Turkish law firms in the digital-asset space, regularly handling SAFT, SAFE-T, token-warrant and rights-conversion structures alongside traditional equity instruments. We design tokenomics with regulatory durability in mind — minimizing the surface area for retroactive enforcement risk while preserving distribution flexibility.

Our Managing Partner, Mümtaz Hacıpaşaoğlu, advises founders, funds, and exchanges on Turkey’s emerging crypto regulation, AML/KYC frameworks, and CMB licensing pathways, and represents portfolio companies of leading international funds investing in the Turkish blockchain ecosystem.

Our ICO, Crypto Currency and Blockchain practice includes, but is not limited to, the following:

  • Token issuance structuring (utility, security, governance, hybrid)
  • SAFT, SAFE-T, and Token Purchase Agreement drafting and negotiation
  • Tokenomics design and on-chain treasury structuring
  • Cross-border SPV setup (BVI, Cayman, ADGM, Wyoming, Delaware)
  • Crypto-asset service provider (CASP) compliance, including CMB licensing
  • AML, KYC, and travel-rule program design for exchanges and on-ramps
  • DAO formation and governance design
  • NFT and digital-collectible launch advisory
  • Token-warrant agreements alongside equity rounds
  • Regulatory perimeter analysis for new token launches