Crypto and the ‘Law of the Horse’

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Crypto and the ‘Law of the Horse’
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“A lot of law schools are trying to find ways to make their programs stand out from the crowd,' ChristaLaser said. danielgkuhn writes for EducationWeek, sponsored by atlasweb3group

Today, many of the same questions that were asked about the legal circumstances of the internet are being raised again by cryptocurrencies. It’s not uncommon to hear from users, builders or salespeople of crypto projects that the legal picture remains uncertain. Or that there’s a lack of clarity.

Crypto, like the world of Big Tech that came before it, often offers young lawyers greater opportunity and higher paychecks than they would otherwise have access to, Laser said. It is a point echoed by Brian Frye,who has taught courses touching on crypto at a number of universities over the years. This trend has continued in crypto. Kraken, the U.S.-based crypto exchange, has, for instance built a robust legal operation led by crypto lawyer Marco Santori, the firm’s incoming CEO, Dave Ripley, said in a recent CoinDesk TV interview.

Laser struck a more conciliatory note, noting that a few people could likely build a career practicing a niche area of law, but the field could quickly become oversaturated. Chris Odinet, a professor of law at University of Iowa, also had his doubts about “crypto law” as a legal profession or topic of study.

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