By: Lawrence G. Walters, Esq.1 I. Introduction For some, the terms 'Bitcoin' and 'regulation' are antithetical to each other. After all, the virtual currency that is Bitcoin was spawned from a desire to preserve anonymity and avoid the burdensome regulations that otherwise apply to financial transactions. But if legal online gambling sites ever hope to…
Hardly a day goes by without some headline referring to developments in legal status or use of alternative currency such as Bitcoin. At times it seems the virtual currency is nearly taking over the Internet. How, though, will this new trend affect the adult entertainment industry? Although the overall viability of digital currency is, at…
The virtual currency Bitcoin has been making headlines since its inception in 2009. Billed as a secure, non-regulated, decentralized currency with the added benefit of user anonymity, Bitcoin has grown dramatically in the past several years, with more businesses accepting the form of payment (and more of the populace aware of its existence) every day.…