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May 2016 Archives

LEGAL ISSUES OF ACCEPTING BITCOIN THAT YOU SHOULD KNOW ABOUT

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Bitcoin continues to capture the attention of venture capitalists, retail businesses, government regulators, the media, and politicians over five years after its inception. Despite the recent shutdown of Mt. Gox (formerly the largest Bitcoin exchange), and subsequent drop in the Bitcoin exchange rate, the crypto-currency is still growing in acceptance and use. More and more businesses are starting to accept them in-lieu of traditional currency, and the United States is starting to issue regulations and guidelines concerning their use as a currency. However, many legal issues lurking behind crypto-currencies remain, and untangling them is still a work in progress. This article will cover the basic legal issues of accepting Bitcoin for your business.

THE EMERGING LEGAL AREA OF CALIFORNIA SAME-SEX DIVORCE

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More states than ever before are now recognizing the validity of same-sex marriages and allowing them within their borders. This means that, in those jurisdictions, same-sex couples finally have the right to marry and to have their marriage accepted as a legal union. They can also enjoy unique legal aspects of marriage, including the right to obtain certain benefits (health insurance and survivor benefits, among others), the right to inherit property if a spouse dies without a will and the ability to take advantage of certain tax breaks and credits available only to married couples.

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