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Young Russian Lawyers learn about Cryptocurrencies and Blockchain

On February 18, the State Duma of the Russian Federation launched the seventh stream of the BCL Supplemental Education Program “Legal Basis and Legal Practices for Working with Cryptocurrency and Blockchain Projects”. The program was developed by law firms ‘Effective Business Resources’ and ‘IT-technology’ Lawyers and attorneys from different cities of Russia signed up for training.

Dmitry Sazonov, Deputy Chairman of the Committee on Economic Policy, Industry, Innovative Development and Entrepreneurship of the State Duma said that “the development of modern digital competences among lawyers is the key to the successful development of the digital economy in harmony with the law.”

He also said “Students are invited to explore the subtleties of creating a business and taxation in the field of cryptocurrency and blockchain in various countries of the world. For technical problems of creating blockchain products, students are offered qualified programmer support, as an understanding of working with the blockchain is necessary. It is also planned to hold lectures on how to prevent yourself from getting involved in criminal money laundering schemes. ”

For his part, the Director of the BCL program Igor Sudets believes that the start of training for the seventh BCL stream shows that there is a demand for lawyers who understand modern technologies and are able to resolve disputes, draw up transactions, and promote the development of the digital economy in Russia.

Nadezhda Surova, a member of the Expert Council of the State Duma of the Russian Federation on the digital economy and blockchain technology said:

“The program is constantly improving, new thematic lectures, practical activities are added to it which allow to study digital technologies and law enforcement practice in more detail. For example, as part of this flow, an excursion to the Skolkovo Technopark was added to the course program, where students will get acquainted with the Russian projects of LegalTech will sort the topic of innovations and modern technologies in the field of law.”

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