What do crypto lawyers do? Advising on money services businesses and money transmitters and their registration requirements. Working with venture capital firms on transactions involving blockchain-related companies. Advising intermediaries in the cryptocurrency economy – including brokers and exchanges – on their compliance obligations.
Can you sue for cryptocurrency? Cryptocurrency and blockchain litigation can be in the form of a class action or a single suit. Some people suing entire cryptocurrency exchanges sue as a class in the hopes of assisting all of those affected.
Is cryptocurrency protected by law? Cryptocurrency exchanges are legal in the United States and fall under the regulatory scope of the Bank Secrecy Act (BSA). In practice, this means that cryptocurrency exchange service providers must register with FinCEN, implement an AML/CFT program, maintain appropriate records, and submit reports to the authorities.
How much do crypto lawyers make?
|Crypto Community Manager||$35,000-$95,000|
|UX/UI blockchain designer||$80,000-$140,000|