In his Blockchain Law column, Robert A. Schwinger addresses the question of where crypto fits in among all the terms the law uses to describe concepts that relate, however closely or loosely, to money. As cryptocurrency use becomes increasingly common in commercial activity, courts have found themselves having to grapple with how to characterize this new form of asset.
For all the discussions had about cryptocurrency, a very basic question often gets ignored: Just what is it that we’re talking about when we talk about crypto? Where does crypto fit in among all the terms the law uses to describe concepts that relate, however closely or loosely, to money? As cryptocurrency use becomes increasingly common in commercial activity, courts have found themselves having to grapple with how to characterize this new form of asset.
The level of cross-border business between India and key regions such as the US, Europe and the Middle East has increased significantly over the last two decades.
COVID-19 has made it difficult for many companies to perform some of their contractual obligations, giving rise to a high number of corporate disputes, particularly relating to the application of force majeure and change in law provisions.
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