Crypto, Part I: Regulating The Decentralized Universe Of Cryptocurrencies

The first of this multipart series covers some of the basics of cryptocurrency, including its regulation.

By now, you've heard of crypto, blockchain, and non-fungible tokens (NFTs), but you may not know exactly what these terms mean or the legal implications surrounding them. This multipart series will explore the integration and use of the various blockchains that exist in the legal world, including the use of crypto assets as collateral for lending, the facilitation and documentation of e-discovery, the closing and documentation of real estate transactions, and chain-of-custody and authenticity verification for exhibits and other evidence.

But first, we must understand some cryptocurrency basics, including its regulation. Part I serves as a primer on the state of cryptocurrency regulation in the United States.