Hi, I’ve been reading up about cryptocurrency in the UK. The High Court recently classed bitcoin and other cryptocurrency as “property” and it is being recovered as an asset in criminal lifestyle proceedings. In the distant past, I once blogged about law and a Steemian informed me that the blockchain would mean that lawyers would no longer be needed! 😆 I agree that the blockchain would be useful in contract and property law transactions but less so in contentious disputes.
RE: Cryptocurrency & Tax Law in the United States - Repost