Those in the Blockchain and Cryptocurrency Space
Cryptocurrencies (“cryptos”), such as Bitcoin, Ethereum, IOTA, Ripple, and Litecoin are digital money that have no government or central bank backing. Today, mainstream businesses have begun to accept cryptos as payment for goods and services, and many who are not currently accepting cryptos are considering the possibility.
The use of cryptos involves complex legal issues of regulatory compliance, valuation and management protocols and controls, among other considerations. Businesses considering entering into the crypto space by transacting in cryptos or using Smart Contracts will need the right legal counsel to provide guidance to navigate this cutting-edge technology. Similarly, banks, broker-dealers, registered investment advisors, investment funds and other financial institutions will need legal counsel who knows how to manage risk and ensure compliance with rapidly changing crypto technology and regulations.
Ande Burchfield first learned about crypto and blockchain technology at a conference in Santiago, Chile in 2013. Burchfield Law is responsive and knowledgeable about the legal and business considerations cryptos involve.