Crypto’s Biggest Legal Problems
▻https://hackernoon.com/cryptos-big-legal-problems-63b760385fea?source=rss----3a8144eabfe3---4
For good legal frameworks, crypto must acknowledge very big problems.(This is the first part of a larger analytical project titled #cryptolaw, available on Crypto Law Review).CryptoLaw is undergoing explosive growth at the moment. This includes everything from the introduction of new legislative and regulatory schemes, to the re-conceptualization of some of the most basic legal forms, like “contract,” “property,” and so on.It’s difficult to define the field of CryptoLaw, but it’s fair to characterize it as extremely fragmented and discombobulated. This, itself, is a sign of a big potential problem in CryptoLaw.As Mike Orcutt suggested in the MIT Technology Review a few months ago, continuing the current choppy approach to defining crypto legal forms brings: (1) chaos (2) incoherence, (3) (...)