• October 2018
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Law: What should lawyers know about Bitcoin, Blockchain and Smart Contracts?

Cryptocurrency (i.e. bitcoin, blockchains nd smart contracts) is innovative and emerging which is cool and exciting, but also requires a certain finesse in the legal industry

The thing is, there’s a lot of complex financial regulation and bit of legal ambiguity that seems to show itself more and more as this type of digital market picks up steam. It’s a bit of a gray area, an area of uncertainty, but people shouldn’t be afraid of it.

So what should you expect your lawyer to know?

  • How to offer quality legal planning so that your bitcoin or other blockchain business can operate effectively.
  • Insight so that investors have a reliable legal team as they work together to understand the ins and outs of this innovative area of business and money.

The ability to “be there” for a client comes down to understanding the knowns like the definition of the terms and how they are used to conduct business. And also understanding the unknowns, like the long-term impact on the legal industry and what that means for businesses and investors. This is why if you are involved with cryptocurrency, you need a lawyer who gets it.

LawTrades is a marketplace of freelance attorneys that specialize in various areas of the law. One of our featured areas is cryptocurrency. Our cryptocurrency attorneys who are actively helping shape the legal framework of this innovative area and are kept up to date on the latest developments in case law and regulatory policies. If you are looking for help n this incredibly unique area of law, check out our website and get in touch for a consultation.

Legal is hard. Let’s tackle it together.

Speak to one of our Legal Pros and discover how we can help.

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