Some of you may remember when many European countries adopted the Euro as their currency, dropping the French franc, the Deutsche Mark , and the Italian lira. Some suggested the Americas might respond with the Amero. Few likely imagined an entirely decentralized digital currency -- now available in the form of bitcoin.
Bitcoin raises a wide range of legal issues, from taxation to money
laundering. Curious? Read this
report to the Library of Congress outlining various countries' approaches to
regulating bitcoin. Better yet, attend the Entrepreneurial Business Law
Journal's free upcoming symposium entitled "In Bitcoin We
Trust?" To brush up on the basics, try bitcoin.org.