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Media Coverage

Vancouver Sun quotes Mike Stephens in an article on cryptocurrency regulations

Fasken
Reading Time 1 minute read

“Cryptocurrencies the coin of the future” by Ian Mulgrew, Vancouver Sun

Vancouver Sun quotes Vancouver lawyer, Mike Stephens, in an article on cryptocurrency regulations.

Vancouver lawyer Michael Stephens was at a recent convention in the Bahamas socializing in a crowded room when he couldn’t help watching and eavesdropping on two men.

“Their eyes just locked,” he recalled. “One said, ‘I have 10,000 bitcoin I want to sell you,’ and the other guy said, ‘I have X-amount of dollars I can pay you for them.’ They sat down with their laptops and transmitted the bitcoin and cash went the other way.”

Two years ago, you wouldn’t have found a major bank, big accounting firm or top lawyers like Stephens, a partner at Fasken Martineau DuMoulin LLP, anywhere near cryptocurrencies.