23 Oct '13, 7pm

All you need to know about federal bitcoin law in Canada

All you need to know about federal bitcoin law in Canada

My name is Matt Burgoyne and I’m an associate at Canadian legal firm McLeod Law . I’m involved with Canadian and international counsel in the developing area of virtual currency law, specifically including bitcoin currency. In this two-part series, I will give a basic primer on the state of Canadian law as it applies to digital currency entrepreneurs. Unlike its elephant neighbour to the south, Canada’s federal and provincial governments and their regulators have been relatively quiet when it comes to the issue of bitcoin and exactly how it should be defined and governed. Despite the lack of a formal position on bitcoin, we as lawyers can make educated guesses on the federal and provincial legislation that might apply to businesses operating in the bitcoin space in Canada. In this first article of a two-part series, we will cover the Canadian federal law as it currently ap...

Full article: http://www.coindesk.com/federal-bitcoin-law-canada/

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