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Legal Status of Cryptocurrency
Legal Status of Cryptocurrency

Legal Status of Cryptocurrency

The growth of cryptocurrencies and decentralized finance has led to a plethora of regulatory and legislative reactions across national boundaries and in the international banking arena. Because these regulations are so diverse and the types of laws generated are so complex, this blog attempts to convey to its reader the importance of current and pending legislation that may impact all facets of cryptocurrency.


Indian Plans to Ban Cryptocurrency

16 Mar 2021 1 minute read 0 comments djwestern

Bad News for Crypto While much of the world is opening up to the idea of cryptocurrency, those countries who fear the counter-punch to its fiat currency are constantly on the attack.  Recently India announced that it is pursuing legislation that woul...

Legal Status of Cryptocurrencies

25 Feb 2021 1 minute read 2 comments djwestern

Legality of Cryptocurrency Around the World The Library of Congress has done an excellent job of providing a current snapshot of the legal status of cryptocurrency around the world.  For a full report in PDF, go to this site:  https://www.loc.gov/law...

Cryptocurrency Legal Update - 24 February 2021

24 Feb 2021 3 minute read 0 comments djwestern

A few weeks ago when Elon Musk announced that he purchased roughly $1.5 billion in Bitcoin, the cryptocurrency market exploded propelling BTC to over $60K per coin.  Cryptocurrency has been around for several years now, but its popularity is only rec...