Bitcoin and Blockchain Technology Update: Research Paper

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Locke Lord London Global Head of Cards & Payments Robert Courtneidge and Associate Charlie Clarence-Smith wrote a research paper on bitcoin and blockchain technology. Over the past few years, digital currencies have been gaining significant importance throughout the world, particularly Bitcoin and its underlying technology, blockchain (based on distributed ledger technology), which are changing the way we transfer value domestically and internationally. This research paper provides an overview of the current status of Bitcoin regulation and blockchain developments across the world covering over 50 countries where digital currency legislation has either already been implemented or is being considered, and as for the majority, countries which are undecided, impose taxes but have stopped short of regulating or have banned Bitcoin all together such as Bangladesh, Bolivia and Iceland. The authors also provide updates on the latest Bitcoin/blockchain funding rounds and details of recent significant initial coin offerings.

Please see full research paper below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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