Many people in the Bitcoin world aren’t too keen on regulation and legislation. That sentiment seems to be justified, as proposals such as BitLicense and AB 1326 go to show these guidelines can kill off innovation rather easily. But Steptoe Johnson is taking a different approach, as they venture into the world of Bitcoin on purpose.
Major Law Firm Backing Bitcoin Companies is A Good Thing
Regardless of how people want to look at things, Bitcoin entrepreneurs and startups will need legal counsel at some point along the way. That is much easier said than done, though, as very few law firms show an interest in cryptocurrency. Steptoe Johnson can be a valuable ally in this regard, as they have expanded their practice to encompass Bitcoin technology.
Steptoe Johnson partner Jason Weinstein stated:
“The blockchain, like the internet, is going to have an impact on just about every existing type of institution in the years ahead — both private sector and government. So having a multidisciplinary blockchain practice puts the firm in the best possible position to help a wide variety of clients in a wide variety of industries prepare
Read more ... source: LiveBitcoinNews
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