Blockchain and Crypto-Assets 2026

ROMANIA Law and Practice Contributed by: Alexandru Stanescu, Simina Negulescu, Anca Popan and Mihai-Cristian Huială, Lexters

Lexters is based in Bucharest, Romania. It is a technology-focused law firm advising crypto, Web3, fintech and payments businesses on the legal and regulatory questions that shape how they are built and scaled. The team works across the full lifecycle of digital-asset projects: token issuances and ICOs, tokenisation of real-world assets, stablecoin and payments structuring, crypto exchanges and cus- todians, NFT and marketplace platforms, DAO gov- ernance, MiCA and EU regulatory positioning, AML/

KYC frameworks, crypto fund formation, and Web3 venture and M&A transactions. The firm seamlessly integrates its corporate/M&A, IP/IT, and private equi- ty/VC practices to deliver customised legal solutions aligned with each client’s business model. Lexters connects clients across Central and Eastern Europe with the USA, the UK and other key markets, and rou- tinely works alongside US and EU counsel on cross- border crypto, fintech and tokenisation mandates.

Authors

Alexandru Stanescu is a partner at Lexters and a member of the Bucharest and New York Bars. He advises crypto exchanges, custodians, payment providers, crypto-asset managers, NFT

Anca Popan is an associate at Lexters and a member of the Cluj Bar. Her practice is built around crypto, blockchain and payments work: token issuances and ICO structuring, RWA tokenisation, NFT and marketplace

platforms, token issuers and tokenisation providers on regulatory positioning, MiCA readiness, fund and token structuring, cross-border investments and M&A, and US market entry. His work spans MiCA- aligned licensing, RWA tokenisation, stablecoin and payments structuring, capital-markets-related deals, and crypto-related commercial and investment arbitration.

platforms, stablecoin and payments flows, crypto exchange and custodian regulatory questions, DAO governance, MiCA and AML/KYC compliance, and Web3 commercial contracts. She advises founders, exchanges, token issuers and investors on the legal architecture of crypto products and on disputes arising in the digital-asset ecosystem.

Mihai-Cristian Huială is a member of the Bucharest Bar focused on Web3, fintech and blockchain mandates. His work covers token issuances and ICOs, RWA tokenisation, stablecoin and payments structuring, crypto

Simina Negulescu has over a decade of experience in technology M&A and corporate work. She advises crypto, fintech and Web3 businesses across

the deal lifecycle, including token- issuer and exchange acquisitions, founder and VC investments, SPAs and asset transfers, holding-company structuring, and cross- border reorganisations involving digital-asset operations. Her transactional work covers due diligence on token and IP portfolios, regulatory carve-outs, and post-closing integration. A litigation background helps her surface deal risks early, particularly in contested or regulator-adjacent transactions.

exchange and custodian set-ups, NFT and marketplace platforms, DAO governance, MiCA positioning and AML/KYC frameworks, Web3 venture rounds and M&A, and crypto-related transactions involving US law considerations. He advises start-ups and established players on the regulatory, corporate and commercial architecture of digital-asset products, and on competition questions in tech markets.

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