The Law of Bitcoin

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THE LAW OF BITCOIN is the definitive guide to navigating the rules in the dynamic world of cryptocurrency. This book is the first of its kind delving into cryptocurrency law in four jurisdictions: Canada, Germany, the United Kingdom, and the United States.

Written by knowledge leaders in the legal cryptocurrency space, THE LAW OF BITCOIN addresses such topics as the intersection of cryptocurrencies and criminal law, taxation, anti-money laundering and counter-terrorist financing regulations, securities law, consumer protection, negotiable instruments, currency law, and financial regulation.

THE LAW OF BITCOIN will be a leading resource and go-to text both for those wishing to understand the basics of how the law affects cryptocurrency and for those in the legal community searching for sophisticated answers to more advanced questions.

“It is unique because the authors concisely and objectively explain how Bitcoin and bitcoin are lawfully viewed. They provide relevant, up-to-date clarity in a space that is often nebulous, confusing and filled with conflicting partisan information. The authors arrive at what will likely be unpopular conclusions that are only possible because they are not seeking to defend special interest groups. This includes issues such as fungibility which is handled in a manner that flips the conventional narrative within the Bitcoin community on its head, yet is important for any entrepreneur, developer, investor and user in the nascent space. THE LAW OF BITCOIN is a helpful guide to novices and veterans alike.” —Tim Swanson, author of THE ANATOMY OF A MONEY-LIKE INFORMATIONAL COMMODITY and GREAT CHAIN OF NUMBERS

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Jerry Brito is executive director of Coin Center as well as an adjunct professor of law at George Mason University. He’s also the co-author of Bitcoin: A Primer for Policymakers, as well as other scholarly works on the regulation of cryptocurrencies. He’s testified twice before Congress on cryptocurrencies. Stuart Hoegner is a lawyer and accountant in the cryptocurrency and Internet gaming spaces. He is a trusted counsel for Bitcoin and other cryptocurrency exchanges, leading cryptocurrency entrepreneurs and investors, and blockchain 2.0 initiatives. Jillian Friedman is a lawyer and academic with expertise in commercial law and financial services in the e-commerce sector. She earned a bachelor’s degree in political science from McGill University and a bachelor of laws and juris doctor degree from the Université de Montréal. She has many clients in the cryptocurrency sector. Nikolaus Rae is a lawyer in Germany and the CEO and co-founder of DogeRain, an app to spread Dogecoins. He obtained his law degree from Humboldt University in Berlin and has a master’s degree in company and taxation law. Paul Osborne is a specialist financial services lawyer and partner at Osborne Clarke in London. He has a broad range of experience, including experience in mergers and acquisitions and capital markets transactions, establishing private equity and property funds, and advising institutional investors on alternative investments.

Jerry Brito is executive director of Coin Center as well as an adjunct professor of law at George Mason University. He’s also the co-author of Bitcoin: A Primer for Policymakers, as well as other scholarly works on the regulation of cryptocurrencies. He’s testified twice before Congress on cryptocurrencies. Stuart Hoegner is a lawyer and accountant in the cryptocurrency and Internet gaming spaces. He is a trusted counsel for Bitcoin and other cryptocurrency exchanges, leading cryptocurrency entrepreneurs and investors, and blockchain 2.0 initiatives. Jillian Friedman is a lawyer and academic with expertise in commercial law and financial services in the e-commerce sector. She earned a bachelor’s degree in political science from McGill University and a bachelor of laws and juris doctor degree from the Université de Montréal. She has many clients in the cryptocurrency sector. Nikolaus Rae is a lawyer in Germany and the CEO and co-founder of DogeRain, an app to spread Dogecoins. He obtained his law degree from Humboldt University in Berlin and has a master’s degree in company and taxation law. Paul Osborne is a specialist financial services lawyer and partner at Osborne Clarke in London. He has a broad range of experience, including experience in mergers and acquisitions and capital markets transactions, establishing private equity and property funds, and advising institutional investors on alternative investments.

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