Post
Topic
Board Bitcoin Discussion
Re: Bitcoin in France: first legal decision directly related to Bitcoin?
by
repentance
on 23/10/2011, 03:58:04 UTC
Do you guys predict that the case in France will only impact fiat transactions i/o of Mt. Gox, or could it freeze their core operations in Japan?

The French decision should have no immediate legal impact outside of the EU.  If there are legal challenges in other places, the outcomes will vary according to the specific laws of those jurisdictions.  The issues will be considered de novo in those jurisdictions.

Mark posted a while ago that MtGox was in contact with various financial regulators in Japan.  I don't think he's updated how that's progressing lately but it can take a long time to get decisions about things which don't fit neatly into predefined boxes from regulators.