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13min chapter
The Last Trade E018: Bitcoin's Custodial Landscape Through a Legal Lens with Gavin Feary
Onramp Media
Accounting standards and legal landscape of Bitcoin
This chapter explores the implications of accounting standards for bitcoin, including the shift towards fair value accounting and the recognition of bitcoin as property under UCC rulings. It also discusses the complexities of the banking system in the United States regarding the custody of bitcoin and the challenges in understanding and embracing digital assets. The conversation highlights the lack of clarity in the legal landscape and the impact it has on larger entities.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode