01Web3 and Blockchain
Commercial structures, token and platform arrangements, product rules, transactions and cross-border compliance.
Focused on the Web3.0 New Economy
Blockchain, AI and Fintech
Mankun advises Web3, blockchain, AI and fintech businesses by embedding legal expertise into products, funds, data and operating models - helping clients innovate with confidence and build sustainable growth.
Services
02AI Products and Data Compliance
Launch reviews, model and content governance, data flows, user terms and global operating requirements.03RWA and Crypto Funds
Integrating underlying assets, fund structures, licensing, and exit strategies into a practical, executable business model.04Fintech and Crypto Payments
Aligning capital flows, customer touchpoints, account structures, and product frameworks to clarify and establish compliant pathways for cross-border operations.05Licensing and Regulatory Response
Financial licensing, AML/KYC/KYT systems, regulatory inquiries and cross-border cooperation.06Disputes and Criminal-Risk Response
Digital-asset disputes, account freezes, asset tracing, evidence strategy and crypto-related criminal defence.07CRS Tax Compliance
Reporting diagnosis, overseas-asset reconciliation, legacy non-filing resolution and cross-border residency planning for Chinese tax residents.Built around real business decisions
Legal analysis follows the product, transaction, funds, data and responsibility chain.
Years focused on the new economy
Shanghai · Hong Kong · Shenzhen · Silicon Valley
Cross-border response capability
Our People
01Founder and Director of Mankun Law FirmHonglin LiuWeb3.0 transformation strategy consulting · Web3.0 project compliance consultingView profile →
02Equity Partner, Mankun (Shenzhen) Law FirmJiadian ShaoAI and Web3 Global Compliance · Stablecoins and Cross-Border PaymentsView profile →
03Hong Kong Compliance Adviser, Man KunJen BaiCrypto fund formation · Fintech complianceView profile →
Latest English publications
Solana Comes to Shanghai: What Business Is It Pursuing?
Read article→Solana has placed advertisements and set up office space in Shanghai's Bund area, and will hold offline events in Shanghai, Hangzhou, Shenzhen and Beijing, drawing attention to its intentions for its China business.…
Research
Why Third-Party Payment on Behalf of Others Becomes a Sanctions Risk: Cross-Border Receipt Review Under the New A7 Network Measures
Read article→A Chinese exporting company delivers goods to an overseas customer, but the payment is remitted by an unfamiliar company in Hong Kong, the UAE or Central Asia, accompanied by a payment-on-behalf explanation. The U.S.…
Research
No Match on the List, Yet Payment May Still Be Blocked: Review of Chinese Companies' Transactions Under the New Iran Auto and Rail Sanctions
Read article→On October 1, 2026, the U.S. Department of the Treasury's OFAC, pursuant to Executive Order 13902, brought Iran's automotive and railway sectors within the scope of sanctionable activities, updated Frequently Asked…
Research
Southeast Asian Factories Cannot Escape Countervailing Duties: The Subsidy Evidence Chain for Chinese Enterprises as Seen in Two US and Indian Investigations
Read article→On September 29, 2026, the US Department of Commerce issued a preliminary countervailing duty determination on air compressors from China, Malaysia and Vietnam. The rate for Chinese mandatory respondent enterprises was…
Research
Account-Opening Links Are Not an Ordinary Traffic Business: Cross-Border Boundaries Under the New Rules on Online Marketing of Financial Products
Read article→On September 30, 2026, the Measures for the Administration of Online Marketing of Financial Products, jointly issued by the People's Bank of China and seven other departments, officially took effect. Regulation has…
Research
The Price at Which USDT Is Bought and Sold Is Not the Problem; the Inability to Explain Why It Is Abnormal Is the Problem
Read article→This article examines the judicial shift in which, in OTC USDT buying and selling operations, the purchase price is used by investigating authorities to infer subjective knowledge. In the past, the old judicial…
ResearchContact Mankun
Founded in Shanghai in 2015. Shanghai · Hong Kong · Shenzhen · Silicon Valley.
Phone+86 21 6854 4557