As a new electronic medium of exchange, cryptocurrency (or digital currency) does not represent U.S. or foreign currency but relies on cryptography to secure transactions that are digitally recorded on a distributed ledger such as a blockchain. Bitcoin and tokens are units of cryptocurrency.
This lunchtime session will unveil the mysteries behind this often misunderstood financial product, including:
- What is cryptocurrency and how does it function?
- How are digital financial products sold and marketed?
- What federal and/or state laws may apply to cryptocurrency?
- Are cryptocurrency products securities?
- What risks do investors face when investing in cryptocurrency?
- Have regulators taken any significant enforcement actions in the cryptocurrency arena?
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