Squire Patton Boggs, a full service global law firm with 20 offices worldwide providing insight at the point where law, business and government meet, has just announced it has entered into a new partnership with internationally-patented ASTRA Protocol, a company whose goal is to equip the DeFi world with a full legal layer.
According to the press release shared with iHodl, ASTRA Protocol, whose ecosystem also includes strategic working relationships with independent companies operating in European and Latin American markets, is working cooperatively with Squire Patton Boggs, which will now accept ASTRA as its first DeFi payment method.
Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.
Astra Protocol stands out of the competence because it offers a decentralized assurance layer on public blockchains to support the exponential growth of DeFi. Astra's solution allows to plug into an existing DeFi platform to ensure the funds arrive at their intended destination thanks to its internationally patented technology.
Joe Crowley, senior policy advisor at Squire Patton Boggs, said:
"We are pleased to partner with the ASTRA Protocol team and are looking forward to working with their colleagues around the globe. ASTRA is the preeminent compliance protocol business within the DeFi industry that is able to give assurance to regulatory agencies as well as individual clients, which in turn will help boost confidence in DeFi’s legitimacy as a global industry."
Sakhib Waseem, chief innovation officer at ASTRA Protocol, said:
"We are extremely pleased with our partnership with Squire Patton Boggs and look forward to working with Congressman Crowley and his organization. As we at the ASTRA Protocol define the next generation of decentralized global compliance structure across the DeFi industry, it is important to have key partners who understand the needs of both the crypto community and are in tune with the latest changes in the regulatory space."