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Making Bitcoins Legit

By Juan Forrer
September 02, 2013

It may be a while before Kathleen Moriarty lets clients pay her in bitcoin, but the Katten Muchin Rosenman partner is doing her part to help legitimize the digital currency derided as speculative and risky by some prominent economists. See, “Iterations: How Five Real Economists Think About Bitcoin's Future,” TechCrunch.com.

In July, Moriarty filed with the Securities and Exchange Commission what appears to be the first-ever proposal to create a bitcoin-based, exchange-traded fund (ETF) on behalf of two high-profile clients: Cameron and Tyler Winklevoss, the twin brothers famous for battling Mark Zuckerberg over Facebook's origins. See, http://1.usa.gov/19HU1Ee.

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