LBank, referred to as one of the global leaders in cryptocurrency exchanges, sponsored the hosting of the forum “Code Meets Law” in Dubai on the 1st of May 2025. The goal of the event was to bridge the gap between the crypto world and global compliance policies, enabling forward-thinking innovations while ensuring industry compliance. The forum served as a pivotal milestone towards achieving a transparent, secure, and legally compliant Web 3 ecosystem.
Attendance Participants
Hosted in the Peregrine Ballroom at One&Only Royal Mirage, the forum brought together legal and cyber regulatory professionals and compliance experts, as well as Web3 innovators. Over 800 participants had registered for the event.
Panel One: Smart Rules
The forum was organized with two panels. The name of the first panel was “Smart Rules: Building Trust Through Embedded Compliance.” Over this panel, the moderator was Maleesha Gunawardana, Compliance Lead at LBank (UAE).
Panel Speakers One Speakers Moderators and Oriana Keeping Parliaments
Other speakers for this segment were Dr. Ayesha Binlootah from VARA, Dr. James Smith of Elliptic, ShiYun Chia of VerifyVASP, and Jason Allegrante from Fireblocks.
Panel One Debate Reporters
The discussions covered market participants’ alignment with compliance frameworks for virtual assets and Dubai’s regulatory acceptance of the Travel Rule. Topics also touched on the issue of market participants aligning with the compliance framework for virtual assets.
Panel Perspectives One
Dr. Ayesha Binlootah mentioned proactive frameworks alongside guidance are critical in the construction of trust. Dr. James Smith remarked that trustless blockchain analytics are vital bridges for collaboration and trust as regulatory frameworks become more intricate. Jason Allegrante emphasized a challenge of user experience versus security and verifiable compliance with regulations. ShihYun Chia spoke of the Smart Rules framework enabling support for the Travel Rule. He illustrated how standardization and interoperability sustain high-performance networks of virtual asset service providers.
Panel Two: Global Playbooks
The title for panel two is ‘Global Playbooks: Compliance across other jurisdictions.’ The moderator for this session was Harshil Agarwal, who is the Senior Advisor at TLP Advisor.
Panel Two Discussion
The panel explored real-time compliance across global payment system networks. This also covered FATF’s Travel Rule and sanction screening. Panelists discussed blockchain/AI transforming AML/KYC. They debated if the industry has reached a tipping point in the adoption of compliance technology.
Panel Perspectives Two
Regulatory compliance experts from the GCC shared their perspectives on the borderless regulation challenge. The panel concluded with an analysis on the balance between striking harmonization and regulatory arbitrage. They discussed the expectations of fast-changing frameworks like FATF/IOSCO aligned with national regimes.
LBank’s General Counsel
“LBank’s General Counsel, David Gu, shared his thoughts on the event.” He commented on the event, adding that organizing the gathering in Dubai was a privilege. He also had positive comments about Dubai: “We’re especially grateful to VARA for its professionalism and vision.” The UAE has set a strong example in virtual asset regulation, thanks to its clarity and forward-thinking approach.
LBank’s Contribution
Gu claimed that “code meets law” embodies our belief that, as humanity has been given the opportunity to innovate control through technology, it must also have the responsibility to ensure that blockchain technology serves the good.” That creative angle, as he notes, seems to confirm lBank’s contribution to nurturing the convergence of innovation and regulation. LBank maintains its leadership towards a consolidated legal environment for crypto.
A Glance At LBank
The source claims LBank, founded in 2015, is a global cryptocurrency exchange. With its headquarters in Hong Kong, it serves over 15 million users in more than 210 countries.
Trading on LBank
With standardizers like G7, LBank maintains daily trading volumes exceeding 3 billion. The crypto exchange has over 800 currencies listed, providing a comprehensive, user-friendly experience. Claiming assistance in achieving average returns of over 130% for users on newly listed assets, LBank certainly makes bold marketing statements.
LBank and Meme Coins
LBank is said to have pioneered the meme coin market. It has listed more than 240 mainstream meme coins and 40 meme gems, with a few recording gains of over 500%. It is touted to be the industry leader in first-time listings of meme coins and the ultimate stop for meme coin investors.
