Bit Legal


BitLegal tracks the evolving regulatory landscape of digital cash/bearer assets and distributed ledger technology around the world. Virtual currency, digital currency (‘currency’ is used to describe its medium of exchange function), cryptocurrency. These terms may be used interchangeably on this site, as there is no agreed definition and regulators, governments, publications use different terminology. Understandably, digital cash/ bearer assets, in general, invite greater regulatory scrutiny due to AML/CTF concerns and capital control circumvention. It is on that basis that we have devised this map, to reflect the evolving regulatory status and offer greater clarity/perspective to users, regulators or otherwise.



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