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Civil Procedure,
Alternative Dispute Resolution

Jun. 2, 2023

Cryptocurrency sector arbitration provisions create jurisdictional uncertainties when applied to consumer claims

Legal professionals practicing in the cryptocurrency sector must keep jurisdictional challenges in mind, particularly when dealing with arbitration-related issues.

The emergence of decentralized technologies such as blockchains, NFTs, smart contracts, and cryptocurrency have given rise to unique and unprecedented legal issues pertaining to Web 3.0. These disputes pose significant legal challenges, especially within the "crypto" industry due to complexities associated with navigating global and cross-border transactions, where parties are often on opposite sides of the world.

As Web3.0 continues to g...

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