Crypto Legal Ltd

BACKGROUND

Please describe your company and position.

I am the Head of Operations of Neo 3 Ltd

Describe what your company does in a single sentence.

Neo 3 Ltd is a company specialising in media, music, and marketing services tailored to the music industry.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Crypto Legal Ltd to accomplish?

• We engaged Crypto Legal to assess the compliance requirements involved in implementing a cryptocurrency payment platform for our services. The objective was to ensure that our planned payment infrastructure aligns with applicable regulatory standards, including KYC and AML obligations, and to confirm that the framework we adopt can operate lawfully within the jurisdictions relevant to our business.

SOLUTION

How did you find Crypto Legal Ltd?

Online Search

Why did you select Crypto Legal Ltd over others?

• High ratings
• Close to my geographic location
• Pricing fit our budget
• Good value for cost
• Company values aligned

How many teammates from Crypto Legal Ltd were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

The scope of work undertaken by Crypto Legal for Neo3 Ltd focused on analysing the regulatory and compliance considerations associated with introducing a cryptocurrency payment platform for our services. This involved a comprehensive review of applicable KYC and AML requirements, payment services regulations, and sector-specific guidance relevant to the music and media industry. Key deliverables included a written compliance report outlining regulatory obligations, an assessment of risk factors associated with the use of cryptocurrencies in payment processing, and recommendations for the design of internal policies and procedures to meet ongoing compliance standards. Crypto Legal also provided a framework for onboarding processes, transaction monitoring, and record-keeping, ensuring that any future implementation of the platform can operate lawfully and in alignment with current best practices.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

The project resulted in several measurable outcomes that demonstrated clear progress. We obtained a structured compliance framework tailored to our intended cryptocurrency payment platform, including documented KYC and AML procedures ready for implementation. Regulatory risks were mapped and categorised, enabling us to adjust our business model to remain within applicable legal boundaries. In addition, we received a set of internal policy recommendations that have since been adopted as part of our operational standards.

The deliverables from Crypto Legal provided us with a clear roadmap to lawfully integrate cryptocurrency payments into our services, reducing uncertainty and ensuring that the next phase of development can proceed with regulatory alignment.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

Crypto Legal managed the project in a structured and transparent manner. They set out a clear timeline at the outset and delivered the agreed items within the expected timeframe. Communication was consistent, and they ensured that updates were provided as work progressed.

They were responsive to our questions and adapted their analysis to reflect the specific requirements of our business model. Whenever clarification was needed, they provided prompt and detailed guidance, which helped us make informed decisions throughout the process.

What was your primary form of communication with Crypto Legal Ltd?

• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

What stood out most about Crypto Legal was their ability to combine deep regulatory knowledge with a practical understanding of the blockchain and cryptocurrency sector. Their advice was not limited to abstract legal analysis but translated into clear, actionable steps that could be implemented within our business. This balance between legal expertise and technical awareness made their guidance particularly relevant and effective for our needs.

Are there any areas for improvement or something Crypto Legal Ltd could have done differently?

Overall, the engagement met our expectations. If there were an area for improvement, it would be the provision of more industry-specific case studies or comparative examples to illustrate how similar businesses have approached the implementation of cryptocurrency payment systems. While the guidance was thorough, additional benchmarking could have added further practical context.