Virtual Currency: Emerging Legal and Regulatory Framework Under the Banking, Commercial and Securities Laws

With an estimated market capitalization of more than a half a trillion dollars and counting, virtual currency has exploded into a financial ecosystem composed of non-government based, virtual legal tender. The unique nature of digital currency and its underlying blockchain technology are raising significant issues for regulators, counsel, courts, investors, and companies engaging in such activities as relates to existing legal and regulatory frameworks governing three major areas of financial activities:  banking, commercial, and securities transactions.   A distinguished WCL faculty panel presents analysis and discussion of the unique, novel, and complex legal and regulatory issues emerging under these various laws and rules.