DALLAS-Dallas attorney Robert Bogdanowicz of Lyons & Simmons, LLP recently discussed the emergence of cryptocurrency laws and regulatory issues with Bitcoin Sandwich, a popular Bitcoin podcast. The interview touched on a variety of topics, including coin mining, money transfers, and government regulation.
Bitcoins are one iteration of the many digital currencies-or "cryptocurrencies"-which have increased in popularity in the past few years. "Digital currencies have become a hot topic for debate across the entire world, as people struggle to not only understand but regulate something that is unlike anything we've seen before," said attorney Robert Bogdanowicz. "This movement has already made a mark, and the potential impact on traditional notions of finance law is staggering. Legal academics are scratching their heads, as the implications seem endless. This could turn how we look at currency regulation on its head."