Cryptocurrency: A Legal Perspective on a Misunderstood Technology

If we apply the aforesaid definition to a simple cryptocurrency transaction[TL1] , where the two parties involved in the exchange of value are the payer and beneficiary, and the mining of blocks to validate the transaction between these two parties, this effectively serves as a clearing mechanism which triggers the settlement upon which the funds in question are then transferred from one party to another.

Tatva Legal, Hyderabad has an experienced team of corporate lawyers who, amongst other services, advise on niche areas of law involving crypotocurrency, blockchain technology, AI and machine learning and other such areas involving [TL2] information technology law.

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