Cryptocurrency Q&A
Is P2P illegal in the US?
Is P2P illegal in the US?
EnchantedSeeker
Wed Jul 31 2024
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6 answers
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I'm curious to know, is peer-to-peer (P2P) trading of cryptocurrencies considered illegal in the United States? If so, what specific laws or regulations make it so? And are there any notable exceptions or allowances for certain types of P2P transactions? It's important to understand the legal landscape for cryptocurrency enthusiasts and traders in the US, so any clarity you can provide would be greatly appreciated.
6 answers
Stefano
Fri Aug 02 2024
The distribution of work or media via peer-to-peer (P2P) networks is a contentious topic, but it is important to understand the legal implications.
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CherryBlossomKiss
Fri Aug 02 2024
If an individual owns the copyright to a work, they have the authority to decide how and if it is shared.
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benjamin_stokes_astronomer
Fri Aug 02 2024
This includes the right to distribute their work through P2P networks, provided they comply with any relevant laws and regulations.
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Caterina
Fri Aug 02 2024
For instance, an artist who has composed an original song and holds the copyright can choose to offer it for free download through a P2P file sharing platform.
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SamuraiCourage
Thu Aug 01 2024
This act of sharing does not infringe on the rights of others, as the artist is the rightful owner of the work and has the authority to distribute it as they see fit.
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