RE: Law Firms and Technology: Financial Services Issues: Custody

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Law Firms and Technology: Financial Services Issues: Custody

in bitcoin •  6 years ago 

Great post, very interested to read more about your thoughts on future legal decisions setting precedent for issues like this!

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I also am interested to see how this plays out. I am watching for exactly how far our legacy rules and regulations will stretch to properly fit new technology. Or whether at some point legislators come to conclusion that a complete overhaul is more appropriate. Something like custody shows this well. When a regulatory tradition is in place and is heavily impacted by a definition of a term like "custody", what does it mean when that word has no clear meaning in a digital context?