News - Monthly Archives: July 2017
Commercial Attorneys Poised to Advise on Virtual Currency Laws
People increasingly transact business over the Internet. Businesses place orders for goods online and pay vendors and suppliers by means of bank money transfers, money wires, or on credit. At the consumer level, purchasers pay for online orders via credit cards or an online payment portal like PayPal. In recent years, the expansion of the digital arena for conducting business has opened another new avenue: the creation and use of virtual currency. As this new …