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Michael is a Partner in Piper Alderman’s Blockchain Group based in Sydney.

The Blockchain space presents unique challenges merging cutting edge technology and a challenging regulatory space as rapid development and adoption of this exciting technology occurs.  As a former developer, Michael has a rare combination of technical, regulatory and legal skills which he leverages to assist his clients

As Initial Coin Offerings rose to prominence in 2017, Piper Alderman was on the forefront, advising a significant number of the top ten ICO offerings.  As the space has matured, Piper Alderman continues to advise projects on structuring security offerings and other tokenization deployments within existing businesses. We now assist a range of Blockchain projects from enterprise level deployments to start-up ventures, exchanges, RegTech and compliance businesses.

Since founding and existing a successful start-up in the early 2000s, Michael has maintained an active involvement in software development.  He is knowledgeable in the workings of (and legal issues surrounding) virtual currencies and cryptocurrencies, blockchain projects, smart contract deployments as well as FinTech and RegTech projects.

This technical knowledge coupled with a highly commercial approach enables Michael to add real value to his client’s business. Michael delivers targeted advice for the whole of life software, start-up and project lifecycle including design and analysis, commercial contracts including shareholder, advisory, supply and software agreements, financial services regulation including project analysis, compliance as well as fundraising documentation and ongoing support.

Michael regularly publishes on technology and Blockchain matters and is a sought after speaker in relation to legal issues facing smart contract and Blockchain adoption both internationally (New York, San Francisco and Singapore) and in Australia (Sydney, Melbourne, Adelaide and Brisbane).

In 2018, Michael was recognised for his technology work by the prestigious Chambers & Partners, being ranked as a “Band 1” FinTech Lawyer in Australia.  Only four lawyers in Australia achieved this ranking. 

Michael also sits on the board member of the Canadian Australia Chamber of Commerce, is a member of numerous advisory boards, and is a member of the Australian Digital Commerce Association and Blockchain Australia.

Media:

The Blockies: Meet Australia’s award-winning blockchain stars - Finder, 24 July 2019
Blockchain Policy Maker or Influencer of the Year: Michael Bacina (Piper Alderman)

What’s a blockchain? A lawyer’s guide: Part one - Lawyers Weekly, 25 June 2019

What’s a blockchain? A lawyer’s guide: Part two - Lawyers Weekly, 9 July 2019

Libra — a lawyer’s guide to blockchain: Part three - Lawyers Weekly, 16 July 2019

Podcast: Blockchain’s role in anti-money laundering and counter-terrorism financing - Lawyers Weekly, 25 January 2019

Top firms act as fintech start-up sells fast - Australasian Lawyer, 23 January 2019

LegalMeets Podcast Episode 24 – Michael Bacina

DIY super funds getting into Bitcoin and other cryptocurrencies - Brisbane Times, 11 November 2018

"Mother of all scams" - Crypto gets attacked in the US Senate | The Daily Exchange - YouTube, 15 October 2018

Piper Alderman to adopt new payment structure - Lawyers Weekly, 13 September 2018

Piper Alderman adopts Paid By Coins for Cryptocurrency payments - Australian FinTech, 12 September 2018

Grant Thornton support of Lakeba’s Future Hub consortium to help accelerate Blockchain Growth - Australian FinTech, 29 August 2018

Pipers to bolster blockchain efficiencies with ‘future-focused’ partnership - Lawyers Weekly, 8 August 2018

Podcast: Blockchain, cryptocurrency and changing client expectations - Lawyers Weekly, 27 July 2018

Demand for blockchain-competent lawyers on the rise - Lawyers Weekly - 27 June 2018

Why one of Australia’s oldest law firms is now accepting Bitcoin payments - Australasian Lawyer, 1 February 2018

Piper Alderman has become the first major Australian law firm to accept bitcoin payments - The Advertiser and Adelaide Now (online) - 17 January 2018