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Library of Congress (Courtesy: Twitter)
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Crypto Law Searches Increase As Per Library of Congress

Library of Congress (Courtesy: Twitter)
Library of Congress (Courtesy: Twitter)

The U.S. Library of Congress’ law division has beefed up its cryptocurrency legal resources to meet a spike in demand for information on the topics.

The national library last week unveiled a crypto guide to help readers navigate the United States’ evolving regulatory treatment of cryptocurrencies and blockchain technology.

“Recent economic and geopolitical events” have fueled readers’ heightened search interest, wrote Law Librarian-in-Residence Louis Myers in his Oct. 22 blog post.

Myers’ guide includes a breakdown of relevant federal regulators, tips on trawling state law resources, links to “secondary sources” and to the library’s previous research on cryptocurrency regulation around the world.

Library staffers did not immediately answer CoinDesk’s questions regarding the size of the search spike.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.