Cryptocurrency and Blockchain Litigation and Regulatory Enforcement

Summary

This practice note describes the state of regulation and other law governing blockchain-based products, including cryptocurrency. Blockchain applications, including cryptocurrencies, present a host of new opportunities for businesses of all kinds, from entrepreneurs seeking to raise capital to traders looking for the next market. As with any new product, however, the regulatory landscape for cryptocurrencies is still developing, and legal and regulatory pitfalls abound. Regulators are debating whether to create new rules designed for these novel concepts or whether the old rules can be applied.