What is the impact of the doctrine of estoppel on cryptocurrency transactions?

How does the doctrine of estoppel affect cryptocurrency transactions? Can it be used as a legal defense or argument in disputes involving cryptocurrencies?

1 answers
- When it comes to cryptocurrency transactions, the doctrine of estoppel can play a role in legal disputes. If one party makes a representation or promise related to a cryptocurrency transaction and the other party relies on that representation or promise, the doctrine of estoppel may prevent the party who made the representation or promise from denying or asserting a different fact or right. This can help ensure fairness and protect the interests of the party who relied on the representation or promise. However, it's important to note that the application of the doctrine of estoppel in cryptocurrency transactions may vary depending on the jurisdiction and specific circumstances of the case.
Mar 20, 2022 · 3 years ago
Related Tags
Hot Questions
- 89
What are the best practices for reporting cryptocurrency on my taxes?
- 86
How does cryptocurrency affect my tax return?
- 68
Are there any special tax rules for crypto investors?
- 64
What are the best digital currencies to invest in right now?
- 47
How can I protect my digital assets from hackers?
- 43
What are the advantages of using cryptocurrency for online transactions?
- 35
How can I buy Bitcoin with a credit card?
- 33
What is the future of blockchain technology?