Current Developments

The ECJ’s First Bitcoin Decision

Right Outcome, Wrong Reasons?

On 22 October 2015, the Court of Justice of the European Union issued its first ever ruling on the digital currency known as Bitcoin. For those who haven’t been following this phenomenon, Bitcoin was the first and so far remains the most commercially successful of the recent wave of ‘cryptocurrencies’– a term defined by the online Oxford Dictionary as ‘a digital currency in which encryption techniques are used to regulate …