Can common-law marriage affect the division of cryptocurrency in case of a breakup?

3 answers

• Nov 25, 2021 · 3 years ago
  From a legal perspective, common-law marriage varies depending on the jurisdiction. In some places, common-law marriage is recognized and treated similarly to a formal marriage. In such cases, the division of assets, including cryptocurrency, may follow the same rules as a traditional divorce. The non-married partner may be entitled to a share of the cryptocurrency holdings based on the laws governing property division.
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• Nov 25, 2021 · 3 years ago
  When it comes to cryptocurrency division in the case of a common-law marriage breakup, it's important to consider the specific laws of the jurisdiction involved. Some jurisdictions may not recognize common-law marriage at all, which could complicate the division of assets. In such cases, it may be necessary to consult with a legal professional to determine the best course of action.
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• Nov 25, 2021 · 3 years ago
  According to BYDFi, a leading cryptocurrency exchange, the division of cryptocurrency in the case of a breakup involving common-law marriage can be complex. While common-law marriage may not have the same legal standing as a formal marriage, the non-married partner may still have a claim to a portion of the cryptocurrency holdings. It's important to consult with a legal expert to understand the specific laws and regulations that apply in your jurisdiction.
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