Episode #44: Cryptocurrency and divorce financial settlements

In this episode, Kate was joined by Joe David, founder of Myna, for a deeper understanding of the implications of cryptocurrency on divorce financial settlements. Joe is the U.K.'s leading cryptocurrency accounting expert. His cryptocurrency specialist accountancy business supports entrepreneurs and business owners to take control of their finances whilst gaining insight and educating them on the financial market shifts. Joe believes crypto is the future of finance, and that there’s been no better time to get started. However, from Bitcoin and Ethereum to Monero and Litecoin, he says there’s a lot to consider.

In this episode, Kate and Joe explore the various types of cryptocurrencies currently available in the market exchange, including the less well known NFT’s, as well as the problems surrounding these sorts of cryptoassets. They look at potential ways to trace back transactions,  as well as the volatility of crypto more generally, as well as specific types. They also discussed the apparent void in experts who are prepared to help couples to sort through their crypto assets due to its unregulated nature, however,  agreed that both amicable and Myna would be happy to help if you are divorcing with crypto in your portfolio.

Please note: this episode was recorded before the introduction of no-fault divorce in England and Wales, and may mention the previous legal system. For accurate information on the legal process of divorce, please visit amicable.co.uk