Digital Currency and Issues in International Financial Transactions

Posted by Richard Lyons & filed under Legal.

Richard Lyons

*+-There are several areas of concern for any professional that represents clients using Bitcoin for international transactions. The use of Bitcoin for cross border transactions is attractive for many reasons, including instant transfers, low cost and the lack of a need to use intermediary banks. However, there are some issues to consider when using digital… Read more »

The Primary Legal and Regulatory Hurdles to Widespread Digital Currency Usage

Posted by Richard Lyons & filed under Legal.

Richard Lyons

*+-As the awareness and popularity of digital currency advances there are a number of barriers emerging, which in the short term may limit how and where Bitcoin may be used. While the understanding of digital currency is increasing, many of these hurdles relate to public acceptance, perceived security and legal remedies for Bitcoin transactions. Bitcoin’s… Read more »