Virtual currency – report summary

This is an abbreviated version of a report on the legal and tax aspects of virtual currencies drafted by Wardyński & Partners in July 2014. The report deals, among others, with the following issues: If there is an error when carrying out a Bitcoin transaction, does the party have any kind of claim? Whom would the claim be against? Is theft of virtual currencies a crime at all? If so, where is it committed? Can Bitcoins be inherited? Can Bitcoin be pledged as collateral? If so, what would be the governing law?