Publications – FinTech

Blockchain technology holds vast potential that can only be unleashed with regulatory backing. Smart contracts and decentralised autonomous organisations can change the legal system as we know it while generating new models for the economy.

This is an abbreviated version of a report on the legal and tax aspects of virtual currencies drafted by Wardyński & Partners in July 2014. The report deals, among others, with the following issues: If there is an error when carrying out a Bitcoin transaction, does the party have any kind of claim? Whom would the claim be against? Is theft of virtual currencies a crime at all? If so, where...