Legal Issues in Cryptocurrency Trading

Cryptocurrencies have seen a meteoric rise at the beginning of the year and has also been called a financial bubble by economists and bankers. It has also been subject to controversies due to numerous scandals involving a loss of millions of dollars and lack of legal procedures in regulating cryptocurrency trade. In February 2014, Mt Gox bitcoin exchange in Japan collapsed because hackers stole $450 million worth of bitcoins. The…

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