Providing his point of view in a March op-ed article in the Kansas City Star, Braden Perry counters the notion that the virtual currency Bitcoin is a bubble about to burst. The article discusses the capricious nature of Bitcoin and the author, Steve Paul, admits he is a cynic when it comes to the virtual
Last week, FinCEN issued two administrative rulings clarifying that certain Bitcoin participants do not constitute money service businesses (MSBs) under the BSA. The rulings furthered the guidance issued by FinCEN last March, which excluded from the definition of MSB users that obtain convertible virtual currency and use such convertible virtual currency to purchase real or virtual goods or services. In the Guidance, FinCEN established Users are not MSBs because they are not engaged in money transmission services.
Braden Perry was quoted as an authority on Bitcoin in a Minyanville article. The article, titled “What Bitcoin Arbitrage Can Teach Us About the Crypto-Currency,” analyzed the Bitcoin market. In the article, Perry said he saw similarities between the early Forex trading market and Bitcoin markets. “Forex essentially started the same way, and it has become automated
The Kansas City Business Journal featured the ways in which Kennyhertz Perry has embraced Bitcoin – an up-and-coming digital form of currency. The article, titled “KC law firm bets on the future of Bitcoin,” explained that the firm accepts Bitcoin as client payment and also reported on the firm’s representation of a client in the
Kennyhertz Perry partners John Kennyhertz and Braden Perry, spoke as Bitcoin experts and it’s future in an Kansas City Business Journal article. “John Kennyhertz, a partner at the firm, said he first came across Bitcoin several years ago when he was working for a private equity firm in California as a possible investment opportunity. Fast
Kennyhertz Perry’s Braden Perry, a former federal enforcement attorney and Chief Compliance Officer of a global financial firm, was recently asked by the Credit Union Times to provide insight on Bitcoin regulation. The article in full is as follows: