The area of cryptocurrency is one with rapidly developing technologies that legislation often struggles to categorize. As such, Bensonhurst cryptocurrency and blockchain attorneys endeavor to stay abreast of every change in order to provide superior representation to clients.
Cryptocurrency exchanges and the business transactions they engage in can run into ambiguities in relation to governing statutes that were written prior to their existence. In addition, new regulations are continually being written to incorporate terminology and precepts to address cryptocurrency.
Traditional financial institutions also partner with various aspects of the cryptocurrency industry to create new products and services for their customers, and with each development comes an expanding level of legal complexity.
Various governmental organizations can also investigate major occurrences, such as an ICO or initial coin offering, and it’s important to correctly interpret laws regarding finances and propriety. The agencies that deal with these inquiries can include the Department of Justice and the Securities and Exchange Commission and can involve regulatory departments on a state-by-state basis where reviews can be civil or criminal in nature.
Those who seek a Bensonhurst cryptocurrency law firm are ones doing business as a crypto exchange, or they can be a bank or lender in association with cryptocurrency. In addition, individuals can be the target of an inquest if their interests are significant in the movement, holding, or advancement of cryptocurrency or if they are otherwise high profile.
The overlapping disciplines of finance, law, intrepid technologies, and the expanding uses of digital currencies require that your crypto attorney in Bensonhurst guidance is current and knowledgeable in the changing legal definitions as well as the vast applications in which this novel fiscal instrument can be utilized in various industries.
Strazzullo Law Firm can provide you with the proven skills you need to present your case and protect your interests. Reach out and make your appointment to discuss your situation today. We look forward to working with you.