Cryptocurrency Consulting

While blockchain-based applications continue to emerge, the technology predicate – cryptocurrency, has become ubiquitous in modern life. Adoption of primary cryptocurrencies such as Bitcoin, Ethereum and Litecoin, among others, have skyrocketed and in turn established cryptocurrency’s place in the payments ecosystem. Moreover, as more traditional, often sophisticated, financial products are developed around Bitcoin, the financial community at large has signaled its acceptance of cryptocurrency as a substitute for fiat currency. Finally, the Initial Coin Offering and variations thereof have become a viable means of raising growth capital for ventures across a wide swath of industries

As a cryptocurrency consultant and attorney, Adam S. Tracy is experienced in all facets of blockchain and cryptocurrency.

Notwithstanding the foregoing, the cryptocurrency laws are shrouded in a morass of imperfect comparisons drawn from the commodities, payments and securities arenas. Uneven and inconsistent regulatory pronouncements and enforcement activity have only complicated the legal interpretations surrounding the mining, sale, trading and use and cryptocurrencies. Without question, operators in the cryptocurrency space can easily find themselves in the middle of a starkest of compliance and legal grey areas.