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Instant Insights / Cryptocurrency Moves into the Mainstream

Bitcoin and blockchain are no longer tech-nerd abstractions. Digital currency is becoming a significant part of doing business these days, as the law plays catch-up to regulate it. In this Instant Insights, we look at the impact that cryptocurrency is having on the legal marketplace and the practice of law.

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As JP Morgan Ventures Into Cryptocurrency, a Blockchain General Counsel Spells Out What It Means

It’s the first move by a U.S. bank—the nation’s largest at more than $2.6 trillion in assets—and is likely to make a significant impact on banking, cryptocurrency and the economy, he said.

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Andrew “Drew” Hinkes, General Counsel of Athena Blockchain.

JPMorgan Chase & Co.’s announcement last week that it has developed and tested its own digital coin, called JPM Coin, is a huge fintech development, said Andrew “Drew” Hinkes, general counsel, chief legal officer and partner of Athena Blockchain, an advisory firm that helps companies issue securities in token form.

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MP McQueen

MP McQueen

MP McQueen is editor-at-large, and can be reached at mpmcqueen@alm.com

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