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.