Virtual Money in the Virtual Bank: Legal Remedies for Loss

This article by Peter Susman QC  was first published in the Butterworths’ Journal of International Banking and Finance Law.

In this article Peter Susman QC summarises the development of coins, paper money and cryptocurrencies as tokens rather than embodiments of value, explores some recent litigation in the US and Japan, and speculates on the likely juridical basis of future developments in English common law.

This article forms part of an ongoing series being written by members of the Henderson Chambers Banking Finance and Consumer Credit group for the Butterworths’ Journal of International Banking and Finance Law.

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