### The increasing prevalence of cryptocurrencies are making its mark on divorce proceedings, as lawyers worldwide are witnessing a surge in settlements involving digital assets. This emerging trend has prompted experts to believe that law firms will soon incorporate crypto specialists to address the complexities arising from digital currencies in marital dissolution.

Senior associate Claire Walczak from Lander & Rogers emphasizes that the intersection of cryptocurrency and divorce is a "rapidly changing and evolving area of law." As more individuals invest in digital assets, it becomes crucial to navigate the intricate legal landscape surrounding their division in divorce cases.



Once a divorce case is filed, the court follows a process to determine the division of the couple's assets and debts. This includes identifying which assets are divisible, assessing each party's contribution, evaluating fairness adjustments, and considering future financial requirements.



Digital assets are treated no differently in this process. Both spouses are required to disclose all financial records, whether in paper or electronic format.



With the complexity of cryptocurrency and its evolving nature, legal professionals anticipate the need for specialized knowledge and expertise in this field. Law firms are likely to incorporate crypto specialists to navigate the intricacies of digital assets and ensure equitable outcomes for divorcing couples.



As the number of divorces involving crypto continues to rise, it is imperative for individuals going through a divorce to seek legal advice from professionals well-versed in digital assets. The dynamic and ever-changing nature of cryptocurrency necessitates comprehensive legal guidance to protect the interests of both parties involved.

The increasing prevalence of cryptocurrencies are making its mark on divorce proceedings, as lawyers worldwide are witnessing a surge in settlements involving digital assets. This emerging trend has prompted experts to believe that law firms will soon incorporate crypto specialists to address the complexities arising from digital currencies in marital dissolution.

Sat Jul 08 2023

Divorce Proceedings Increasingly Include Digital Asset Settlements

Ferrari to Accept Crypto Payments in the US; Plans to Include Europe Underway

Prototype Global Cryptoasset Mapping System Developed

FTX Founder Sam Bankman-Fried Sent to Jail for Alleged Witness Tampering

Huobi Rocked by Reports of Executive Arrests and Accusations of Customer Fund Misuse

Breaking The Chains: Introducing BRC-69, The Bitcoin Standard Without Data Restrictions

Prototype Global Cryptoasset Mapping System Developed

Sat Jul 08 2023 Divorce Proceedings Increasingly Include Digital Asset Settlements

Ferrari to Accept Crypto Payments in the US; Plans to Include Europe Underway

Prototype Global Cryptoasset Mapping System Developed

FTX Founder Sam Bankman-Fried Sent to Jail for Alleged Witness Tampering

Huobi Rocked by Reports of Executive Arrests and Accusations of Customer Fund Misuse

Breaking The Chains: Introducing BRC-69, The Bitcoin Standard Without Data Restrictions

Prototype Global Cryptoasset Mapping System Developed

Sat Jul 08 2023

Divorce Proceedings Increasingly Include Digital Asset Settlements