Follow along as Valkyrie's Head of Portfolio Management, Bill Cannon, highlights a notable "byte" from the markets each week.
As the crypto world expands and adoption increases across many industries, law firms have already established crypto-specific teams to help their clients manage the new risk and liability.
Bill's Byte:
As the crypto world expands and adoption increases across many industries, law firms have already established crypto-specific teams to help their clients manage the new risk and liability. "You want to look ahead and start building that capability," Brian Burlant, managing director with legal recruiting firm Major, Lindsey & Africa said, adding that it’s important to think of the longer term, looking out to five or 10 years on the horizon and planning accordingly.
Knowledge in international regulatory expertise, decentralized markets and workers, client anonymity, security regulation, taxes, and even criminal and state legislation are needed. Crypto’s impact on firms is being felt in mergers and acquisitions, securities regulation, bankruptcy, trusts, family offices, intellectual property, environment-even employment and divorce. Firms have organized themselves accordingly. Please take the time to read this great summary from Bloomberg Tax and learn more about how the legal sector is evolving to meet the rise in crypto adoption.
