Share on LinkedInShare on LinkedIn

ARTICLE · 11 NOVEMBER 2021

Divorcing With Cryptocurrency

Boodle Hatfield LLP
Boodle Hatfield LLP
Contributor
Boodle Hatfield LLP

Boodle Hatfield LLP

Boodle Hatfield is a law firm which has partnered with individuals, families, property owners and...

View firm profile
Explore more from Boodle Hatfield LLP

It is an increasingly common dilemma of the digital age; the intentionally anonymous nature of cryptocurrencies make them notoriously difficult to deal with in the context of divorce proceedings.

United KingdomFamily and Matrimonial

It is an increasingly common dilemma of the digital age; the intentionally anonymous nature of cryptocurrencies make them notoriously difficult to deal with in the context of divorce proceedings.

Parties to divorce proceedings in England and Wales are required to make full and frank disclosure of all of their assets. This includes cryptocurrencies such as Bitcoin. Family courts then have wide-ranging powers to deal with such assets, including orders for sale or transfer of cryptocurrency holdings.

There are two main issues that emerge from the perspective of a party to divorce proceedings who suspects that his/her spouse owns cryptocurrencies; first, how to prove that he/she even owns such assets and secondly, how to deal with the vastly fluctuating valuations.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from