Sunday, February 21, 2016

Bitcoin Is Property And Not Cash In ‘Clawback’ Action, Bankruptcy Judge Rules

Bitcoin’s dual role as a commodity and a currency can create financial recovery disputes when a company that pays for services using bitcoin goes bankrupt. A bankruptcy court judge made a ruling on Friday in one such case, stating that the cryptocurrency is not the same as U.S. currency, but making it clear that he […]

The post Bitcoin Is Property And Not Cash In ‘Clawback’ Action, Bankruptcy Judge Rules appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

1 comment:

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