Seattle-based law firm Riddell Williams just signed two of the bitcoin community’s most prolific legal voices to chair their payments division. While the firm boasts a 100+ year history and more than 60 attorneys on staff, the decision to bring on Ryan Straus and Daniel Friedberg to lead the group makes a strong statement about the firm’s view on the future of financial law. Friedberg has published a number of pieces related to bitcoin regulation, including guest writing for the Bitcoin Foundation. He’s often quoted as a bitcoin legal reference by major news outlets, including recent appearances in Business Insider, Tech Cocktail, …
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Over the past few months an abundance of regulatory actions and updates have been issued around bitcoin, particularly in the United States. Every update has led to a visible effect on bitcoin prices, not because any of them are particularly threatening to the future of bitcoin, but because of market fear largely driven by uninformed or unscrupulous journalists. Based on their actions to date, regulators are not attacking bitcoin any more than they are attacking banking itself. They have merely applied longstanding rules to bitcoin entities. This is in no way an endorsement of regulation, but rather a necessary acknowledgement …
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May 31, 2013
Posted
General, News, Regulatory
Tagged HSBC, Liberty Reserve, Recent Regulatory Actions, regulation
Comments 6
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