LittleLaw looks at… Cryptocurrency as a Property

Cryptocurrency is a digital asset designed to act as a medium of exchange. It can be used to secure financial transactions, verify asset transfers, and control the creation of additional units. The popularity of cryptocurrencies have sparked several debates on whether they can be considered “real property” in the eyes of the law. This debate is important to consider because if a dispute arose regarding crypto assets, ruling authorities would find it difficult to resolve the matter without any legal certainty or classification of cryptocurrency.

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