Gide Principals Arika Pierce and Liz Conway Discuss Regulation of Digital Currency at the Cryptolina Bitcoin Expo
Gide Principals Arika Pierce and Liz Conway spoke on the state and federal regulatory activity of digital currency at the Second Annual Cryptolina Bitcoin Expo in Charlotte, North Carolina on August 15th.
Arika Pierce spoke on a panel moderated by Perianne Boring of the Chamber of Digital Commerce entitled Bitcoin & State Level Regulations: What’s Next? “Right now we are seeing states such as California and North Carolina introduce legislation that could negatively impact the bitcoin industry, which is why it is important that digital currency have a seat at the table when these types of laws are being drafted and debated,” said Gide Principal Arika Pierce. “The fact that many bitcoin companies are pulling out of New York as a result of the BitLicense is evidence that the digital currency industry must have continuous dialogues with lawmakers and regulators, early and often, to ensure new regulations are not a barrier to growth of this industry.”
Liz Conway discussed the national implications the digital currency industry is currently facing on a panel entitled The National Regulatory Landscape on Bitcoin & Blockchain Technology. “In order to have an effective voice in this important dialogue at the national level, bitcoin stakeholders need to ensure they clearly articulate expectations for compliance and regulatory positions. If the industry avoids communication directly to government, government will move forward making its own rules and potentially poorly applicable regulations that can have huge consequences on bitcoin companies from a legal standpoint,” said Gide Principal Liz Conway.
Other topics of discussion during the conference include: Bringing Bitcoins to the Third World; Criminal Activity Trends Within the Bitcoin World; and Investment Trends and Opportunities in the Blockchain Ecosystem.
For more information about Gide visit: http://gidellc.com/
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