Enjin Ecosystem Lawyer Nominated for Multiple ALB Law Awards Honors
By Michael Mislos and Nath Cajuday
Philippine crypto lawyer Nadaine P. Tongco-Edades has been named a finalist in three major categories at the 2024 ALB Philippine Law Awards. She, along with legal teams from crypto companies, will mark the first time the awards feature numerous nominations from the crypto industry alongside traditional companies.
What’s the significance: The inclusion of web3 firms from the prestigious ALB Philippine Law Awards highlights the growing recognition of the crypto industry in mainstream legal circles. Moreover, their nominations show that the wider industry recognizes the efforts of crypto companies when it comes to regulation and compliance. (Read more: Enjin Legal Team Nominated for Top Honors at ALB Southeast Asia Law Awards)
Driving the news: Nadaine P. Tongco-Edades, corporate and crypto tax lawyer, has been shortlisted for multiple categories in the 2024 Asian Legal Business (ALB) Philippine Law Awards, slated for November 19, 2024.
Categories she’s competing include:
- In-House Lawyer of the Year
- Woman Lawyer of the Year
- Young Lawyer of the Year (In-House)
Nadaine P. Tongco-Edades is the VP-Finance & Tax, Controller, and Associate General Counsel for Atlas Development Services, a core contributor to Enjin Blockchain.
- She is one of the youngest tax professors at the University of the Philippines College of Law and the only tax academic in Asia with hands-on experience leading a web3 ecosystem.
- Tongco-Edades ranked 6th in the 2018 Philippine Bar Examinations.
Enjin has nothing but praise for Tongco-Edades, noting in a statement her key contributions:
- Leading commercial, legal, tax/finance and technical integration aspects of recent ecosystem milestones such as the Enjin Blockchain launch and related corporate structuring, Enjin token and NFT migrations, and the Efinity Polkadot crowdloan
- Being one of the pioneers for integrating blockchain accounting and tracking software in Asia, as well as other expense management, corporate treasury, and human resource tracking platforms.
- As a lawyer and a chartered public accountant, Tongco-Edades has all the tools that makes her invaluable to the ecosystem, especially in a field like blockchain where tax and accounting issuers are grounded in often novel legal issues.
- Working directly with web3 developers and marketers and leading both legal and commercial negotiations.
Zooming in: Tongco-Edades’ recognition is part of a larger trend, with several other crypto and fintech companies earning finalist spots:
- Coins.ph, locally licensed crypto exchange, nominated for Banking and and Financial Services In-House Team of the Year.
- Globe Fintech Innovations, the operate of GCash, is nominated in categories such as Banking and Financial Services In-House Team of the Year and Philippine In-House Team of the Year.
- Maya is nominated for Banking and Financial Services In-House Team of the Year and Philippine In-House Team of the Year.
- UnionBank of the Philippines, is competing for Innovative In-House Team of the Year and Banking and Financial Services In-House Team of the Year.
The awards, organized by Asian Legal Business (a subsidiary of Thomson Reuters), typically highlight achievements in traditional legal practice. The nomination of web3 and crypto industry players shows the increasing mainstream acceptance of blockchain technology and its legal compliance.
This article is published on BitPinas: Enjin Ecosystem Lawyer Nominated for Multiple ALB Law Awards Honors
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