More

    Miami is “Perfect Storm” for Exploding Cryptocurrency Ecosystem, Says Mitchell Silberberg & Knupp Partner Nimish Patel

    LOS ANGELES–(BUSINESS WIRE)–If it wasn’t already apparent, last week’s Bitcoin conference in Miami proved that the “Magic City” has become the epicenter of this new asset class – and the world of crypto has only begun to take off.

    “Miami has the perfect storm for a new ecosystem to develop – it’s an international city, it’s open and inviting for entrepreneurs, and it has lower taxes than other financial centers like New York,” said Nimish Patel, a partner at law firm Mitchell Silberberg & Knupp LLP who attended Bitcoin 2021, the largest Bitcoin conference in the world.

    “It’s like the tail that wags the dog. Once investors are there and money becomes available, more and more of the industry will shift there because that’s where the money is. This will be the first wave of killer assets it will disrupt. This could have an even greater impact than the Internet, and we are just starting to see the legal issues that will unfold as a result.”

    Patel advises early-stage companies and publicly traded exchange listed companies on corporate governance and regulatory matters and focuses on issues surrounding crypto assets and blockchain technologies. He recently advised publicly traded Sysorex Inc., on its reverse merger with the largest Ethereum mining company.

    Patel is available for interviews about the growing cryptocurrency ecosystem in Miami and cryptocurrency-related topics.

    About Mitchell Silberberg & Knupp LLP

    Since 1908, Mitchell Silberberg & Knupp LLP has proven its ability to understand the complex, demystify the mysterious, and define the unknown. With more than 130 lawyers and offices in Los Angeles, New York and Washington, D.C., MSK is often distinguished as a “go-to” firm by industry and legal insiders and has extensive experience in a variety of practice areas, including Entertainment & IP Litigation, Labor & Employment, Motion Picture, Television & Music Transactions, Immigration, Corporate Securities, Regulatory, Tax, Trusts & Estates, Real Estate and International Trade. Relentlessly innovative, our lawyers have developed groundbreaking legislation, established influential precedents and shaped the legal landscape. For more information, visit www.msk.com.

    Related articles

    Comments

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Share article

    Latest articles

    Ethereum-Based Altcoin Soars 28% In Just One Week As Crypto Whales Dive In: Santiment

    One decentralized finance (DeFi) altcoin is dramatically outperforming the vast majority of the crypto markets amid a major market correction. Maker (MKR), the 52nd-ranked crypto...

    How a Trash-Talking Crypto Bro Caused a $40 Billion Crash

    Do Kwon, a trash-talking entrepreneur from South Korea, called the cryptocurrency he created in 2018 “my greatest invention.” In countless tweets and interviews, he...

    KuCoin Launches Windvane NFT Marketplace, Holds a Series of Welfare Activities for Users

    The top 5 crypto trading platform KuCoin , which has already launched its own  Spotlight token sale module for early-stage projects, spot and...

    Robinhood to Launch Web3 Wallet to Rival MetaMask and Coinbase

    Key Insights: The trading firm wants to let its customers get exposure to decentralized finance. The wallet will be launched in Beta this summer and in...

    Newsletter

    Subscribe to stay updated.