Miami is ‘Perfect Storm’ for Exploding Cryptocurrency Ecosystem, Says Nimish Patel, Partner of Mitchell Silberberg and Knupp
LOS ANGELES–(COMMERCIAL THREAD) – If it wasn’t already obvious, last week’s Bitcoin conference in Miami proved that the “Magic City” has become the epicenter of this new asset class – and the crypto world does that start to take off.
“Miami has the perfect storm for a new ecosystem to thrive – it’s an international city, it’s open and welcoming to entrepreneurs, and it has lower taxes than other financial centers like New York,” he said. declared Patel nimish, partner at the law firm Mitchell Silberberg & Knupp LLP who attended Bitcoin 2021, the world’s largest Bitcoin conference.
“It’s like the tail wagging the dog. Once the investors are there and the money is there, more and more of the industry will move there because that is where the money is. This will be the first wave of killer assets that it will disrupt. It could have an even bigger impact than the internet, and we’re just starting to see the legal issues that will come with it. ”
Patel advises start-ups and publicly traded companies on corporate governance and regulatory matters and focuses on issues related to crypto assets and blockchain technologies. He recently advised Sysorex Inc., a publicly traded company, on its reverse merger with the largest mining company Ethereum.
Patel is available for interviews on Miami’s growing cryptocurrency ecosystem and cryptocurrency-related topics.
About Mitchell Silberberg & Knupp LLP
Since 1908, Mitchell Silberberg & Knupp LLP has proven its ability to understand the complex, demystify the mysterious and define the unknown. With more than 130 attorneys and offices in Los Angeles, New York, and Washington, DC, MSK is often recognized as a benchmark firm by industry and legal insiders and has extensive experience in a variety of practice areas, including entertainment and intellectual property. Litigation, labor and employment, film, television and music transactions, immigration, corporate securities, regulation, taxation, trusts and estates, real estate and international trade. Relentlessly innovative, our lawyers have developed groundbreaking legislation, set influential precedents and shaped the legal landscape. For more information, visit www.msk.com.