Litigation against blockchain and crypto participants is growing less than in previous years but at a rate consistent with a promising industry. A new report published on January 22nd, by the law firm Murphy and McGonigle, the Blockchain Litigation Year in Review, provides insight to five key legal trends, which imply that 2020 should have more regulatory clarity than previous years. More changes and clarity are needed to help industry participants adequately disclose and describe token properties concerning security law. Mr. Payne is the architect of the firm’s Blockchain Litigation Database, something he describes as an unique data source for the industry. As the blockchain industry matures, legal opinions, rules and standards will become better defined.
Source: Forbes January 23, 2020 11:48 UTC