A legal company is a business entity formed by lawyers to engage in the practice of law. The primary service rendered by a legal firm is to advise clients (be they individuals or corporations) about their legal rights and responsibilities, and to represent them in civil or criminal cases, business transactions, and other matters in which legal advice and other assistance are needed.
The Netherlands took the lead among European Union member states by mandating that crypto companies adhere to the 5th Anti-Money Laundering Directive (5AMLD).
