American Bar Association Holding Workshop on Bitcoin and Other Digital Currencies on June 26, 2015

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American Bar Association Holding Workshop on Bitcoin and Other Digital Currencies on June 26, 2015

To be held on June 26, 2015 at Ritz-Carlton, Washington, DC, “Bitcoin and other Digital Currencies: Emerging Issues in Regulation and Enforcement National Institute” is going to be first of its sort workshop by the American Bar Association. According to the organizers the program will analyze the latest events in regulatory compliance and law enforcement efforts directed at digital currency.

Also, there will be various panels that will discuss and explore what regulators and law enforcement officials are focused on, and the different types of enforcement mechanisms employed on both the state and federal levels. Additionally, the focus will be on to consider what significance these trends may have in the future for users and brokers of digital currency.

Nonetheless, as this program promises to be an informative and exciting opportunity for anyone interested in a better understanding of virtual currency and the enforcement mechanisms that are being directed at its use, industry experts have been brought in to the panels. They will he helping out the participants understand the issues well and thoroughly.

For instance, the panelists will be answering what is digital currency and how it works? How law enforcement and regulators are approaching digital currencies? And what the future might hold, etc. This is a part of the plan by the American Bar Association that thinks it’s time to educate its members about Bitcoin and other digital currencies.

Holding the Event Proactive American Bar Association Doing its Job

According to the organizers the one-day program will also explore risks involved in Bitcoin and cryptocurrencies and envisage insight into how new and old laws are being applied in to digital currencies. The panelists will also talk about future laws and how they may affect the industry at large in shaping the future.

A lot of stress will also be on potential threats and challenges digital currencies pose to law enforcement and the public. The organizers admit that while attendance is predicted to be especially high among business and criminal lawyers, the program is open to the general public.

Nonetheless, there could nothing be better than this for the American Bar Association when the buzz around Bitcoin keeps growing. The new program will not just shed light on how digital currencies work and how they are affecting regulatory policy but also help people know it.

To contact the reporter of this story: Deepak Tiwari at deepak@forexminute.com