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Are Bitcoins And Other Cryptocurrencies The Next Swiss Bank Accounts? | Fox Rothschild LLP

To embed, copy and paste the code into your website or blog: We all know the French proverb; the more things change the more they stay the same.  It has a place in the current controversy over the sudden collapse of Mt. Gox, Bitcoin’s leading dealer.  Bitcoin is a virtual or cryptocurrency.  It is an asset that a customer holds in a form where only the asset holder and the person with whom he transacts are aware. Bitcoins are created through a process termed “mining” by which an invest...
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