Regulating Blockchain

Author : Philipp Hacker,Ioannis Lianos,Georgios Dimitropoulos,Stefan Eich
Publisher : Oxford University Press
Page : 464 pages
File Size : 47,7 Mb
Release : 2019-08-01
Category : Law
ISBN : 9780192579508

Get Book

Regulating Blockchain by Philipp Hacker,Ioannis Lianos,Georgios Dimitropoulos,Stefan Eich Pdf

Less than a decade after the Financial Crisis, we are witnessing the fast emergence of a new financial order driven by three different, yet interconnected, dynamics: first, the rapid application of technology - such as big data, machine learning, and distributed computing - to banking, lending, and investing, in particular with the emergence of virtual currencies and digital finance; second, a disintermediation fuelled by the rise of peer-to-peer lending platforms and crowd investment which challenge the traditional banking model and may, over time, lead to a transformation of the way both retail and corporate customers bank; and, third, a tendency of de-bureaucratisation under which new platforms and technologies challenge established organisational patterns that regulate finance and manage the money supply. These changes are to a significant degree driven by the development of blockchain technology. The aim of this book is to understand the technological and business potential of the blockchain technology and to reflect on its legal challenges. The book mainly focuses on the challenges blockchain technology has so far faced in its first application in the areas of virtual money and finance, as well as those that it will inevitably face (and is partially already facing, as the SEC Investigative Report of June 2017 and an ongoing SEC securities fraud investigation show) as its domain of application expands in other fields of economic activity such as smart contracts and initial coin offerings. The book provides an unparalleled critical analysis of the disruptive potential of this technology for the economy and the legal system and contributes to current thinking on the role of law in harvesting and shaping innovation.

Author : Robert Herian
Publisher : Routledge
Page : 178 pages
File Size : 46,8 Mb
Release : 2018-09-21
Category : Computers
ISBN : 9780429953026

Get Book

Regulating Blockchain by Robert Herian Pdf

As the distributed architecture underpinning the initial Bitcoin anarcho-capitalist, libertarian project, 'blockchain' entered wider public imagination and vocabulary only very recently. Yet in a short space of time it has become more mainstream and synonymous with a spectacular variety of commercial and civic 'problem'/'solution' concepts and ideals. From commodity provenance, to electoral fraud prevention, to a wholesale decentralisation of power and the banishing of the exploitative practices of 'middlemen', blockchain stakeholders are nothing short of evangelical in their belief that it is a force for good. For these reasons and more the technology has captured the attention of entrepreneurs, venture capitalists, global corporations and governments the world over. Blockchain may indeed offer a unique technical opportunity to change cultures of transparency and trust within cyberspace, and as ‘revolutionary’ and ‘disruptive’ has the potential to shift global socioeconomic and political conventions. But as a yet largely unregulated, solutionist-driven phenomenon, blockchain exists squarely within the boundaries of capitalist logic and reason, fast becoming central to the business models of many sources of financial and political power the technology was specifically designed to undo, and increasingly allied to neoliberal strategies with scant regard for collective, political or democratic accountability in the public interest. Regulating Blockchain casts a critical eye over the technology, its ‘ecosystem’ of stakeholders, and offers a challenge to the prevailing discourse proclaiming it to be the great techno-social enabler of our times.

Author : Rosario Girasa
Publisher : Springer Nature
Page : 406 pages
File Size : 53,5 Mb
Release : 2022-12-07
Category : Business & Economics
ISBN : 9783031218125

Get Book

Regulation of Cryptocurrencies and Blockchain Technologies by Rosario Girasa Pdf

This second edition further explores the regulatory landscape of cryptocurrency, highlighting the rise of Bitcoin, which is based on blockchain technology, and some of the many types of coins and tokens that emerged thereafter. Although Bitcoin and other cryptocurrencies have made national and international news with their dramatic rise and decline in value, nevertheless the underlying technology is being adopted by both industry and governments, which have noted the benefits of speed, cost efficiency, and protection from hacking. Based on numerous downloaded articles, laws, cases, and other materials, the book discusses the digital transformation, the types of cryptocurrencies, key actors, and the benefits and risks. It also addresses legal issues of digital technology and the evolving U.S. federal regulation. The varying treatment by individual U.S. states is reviewed together with attempts by organizations to arrive at a uniform regulatory regime. Both civil and criminal prosecutions are highlighted with an examination of the major cases that have arisen. This second edition specifically explores the creation of stablecoins, governments issuance of their own versions of digital currencies, new regulations that have been enacted and promulgated, and a clearer examination of futuristic evolutions that potentially will have a major impact upon the current cited technologies.

Author : Michèle Finck
Publisher : Cambridge University Press
Page : 225 pages
File Size : 41,6 Mb
Release : 2018-12-20
Category : Business & Economics
ISBN : 9781108474757

Get Book

Blockchain Regulation and Governance in Europe by Michèle Finck Pdf

Finck examines the emergence of blockchains (and other forms of distributed ledger technologies) and the implications for regulation and governance.

Author : Rosario Girasa
Publisher : Springer
Page : 274 pages
File Size : 44,9 Mb
Release : 2018-06-29
Category : Business & Economics
ISBN : 9783319785097

Get Book

Regulation of Cryptocurrencies and Blockchain Technologies by Rosario Girasa Pdf

The book highlights the rise of Bitcoin, which is based on blockchain technology, and some of the many types of coins and tokens that emerged thereafter. Although Bitcoin and other cryptocurrencies have made national and international news with their dramatic rise and decline in value, nevertheless the underlying technology is being adopted by both industry and governments, which have noted the benefits of speed, cost efficiency, and protection from hacking. Based on numerous downloaded articles, laws, cases, and other materials, the book discusses the digital transformation, the types of cryptocurrencies, key actors, and the benefits and risks. It also addresses legal issues of digital technology and the evolving U.S. federal regulation. The varying treatment by individual U.S. states is reviewed together with attempts by organizations to arrive at a uniform regulatory regime. Both civil and criminal prosecutions are highlighted with an examination of the major cases that have arisen. Whether and how to tax cryptocurrency transactions both in the U.S. and internationally are analyzed, and ends with a speculative narrative of future developments.

Author : Tolstoj-L
Publisher : Unknown
Page : 266 pages
File Size : 55,6 Mb
Release : 2018-02-28
Category : Electronic
ISBN : 2019936267

Get Book

Guerre Et R volution, La Fin d'Un Monde by Tolstoj-L Pdf

Author : Allan C. Hutchinson
Publisher : Routledge
Page : 188 pages
File Size : 40,9 Mb
Release : 2021-11-10
Category : Law
ISBN : 9781000466805

Get Book

Cryptocurrencies and the Regulatory Challenge by Allan C. Hutchinson Pdf

As a social process that places great stock in its stability and predictability, law does not deal easily or well with change. In a modern world that is in a constant and rapid state of flux, law is being placed under considerable stress in its efforts to fulfill its task as a primary regulator of social and economic behaviour. This challenge is particularly acute in the realm of technology and its profound ramifications for social and economic behaviour. The innovative Techno-Age not only offers fresh ways of handling old problems, but also throws up entirely new problems; traditional ways of thinking about and responding to these old and new problems and their optimal resolution are no longer as tenable as many once thought. One such example is the burgeoning world of cryptocurrencies – this peer-to-peer digital network presents a profound challenge to the status quo of the financial services sector, to the established modes of state-backed fiat currency, and to the regulatory authority and reach of law. Taken together, these related challenges demand the urgent attention of jurists, lawyers and law reformers. It is the future and relevance of legal regulation as much as cryptocurrency that is at stake. This book proposes an approach to regulating cryptocurrency that recognises and retains its innovative and transformative potential, but also identifies and deals with some of its less appealing qualities and implications.

Author : Daniel T. Stabile,Kimberly A. Prior,Andrew M. Hinkes
Publisher : Edward Elgar Publishing
Page : 392 pages
File Size : 49,6 Mb
Release : 2020-07-31
Category : Law
ISBN : 9781789907445

Get Book

Digital Assets and Blockchain Technology by Daniel T. Stabile,Kimberly A. Prior,Andrew M. Hinkes Pdf

This key textbook examines the financial growth and success of digital assets in the contemporary economy. As digital assets and other blockchain applications mature, and regulatory authorities work hard to keep pace, three leading attorneys in the field invite students to consider the legal frameworks pertinent to regulating this new method of exchange. In this, the first textbook of its kind, the authors explore the growth of smart contracts, the application of securities laws to token sales, the regulation of virtual currency businesses, the taxation of digital assets and the intersection of digital assets and criminal law.

Author : Tehrani, Pardis Moslemzadeh
Publisher : IGI Global
Page : 273 pages
File Size : 52,9 Mb
Release : 2021-09-24
Category : Computers
ISBN : 9781799879299

Get Book

Regulatory Aspects of Artificial Intelligence on Blockchain by Tehrani, Pardis Moslemzadeh Pdf

The convergence of Artificial Intelligence (AI) in blockchain creates one of the world’s most reliable technology-enabled decision-making systems that is virtually tamper-proof and provides solid insights and decisions. The integration of AI and Blockchain affects many aspects from food supply chain logistics and healthcare record sharing to media royalties and financial security. It is imperative that regulatory standards are emphasized in order to support positive outcomes from the integration of AI in blockchain technology. Regulatory Aspects of Artificial Intelligence on Blockchain provides relevant legal and security frameworks and the latest empirical research findings in blockchain and AI. Through the latest research and standards, the book identifies and offers solutions for overcoming legal consequences that pertain to the application of AI into the blockchain system, especially concerning the usage of smart contracts. The chapters, while investigating the legal and security issues associated with these applications, also include topics such as smart contacts, network vulnerability, cryptocurrency, machine learning, and more. This book is essential for technologists, security analysts, legal specialists, privacy and data security practitioners, IT consultants, standardization professionals, researchers, academicians, and students interested in blockchain and AI from a legal and security viewpoint.

Author : Iris H-Y Chiu
Publisher : Bloomsbury Publishing
Page : 281 pages
File Size : 40,8 Mb
Release : 2021-10-21
Category : Law
ISBN : 9781509935765

Get Book

Regulating the Crypto Economy by Iris H-Y Chiu Pdf

This book focuses on the building of a crypto economy as an alternative economic space and discusses how the crypto economy should be governed. The crypto economy is examined in its productive and financialised aspects, in order to distil the need for governance in this economic space. The author argues that it is imperative for regulatory policy to develop the economic governance of the blockchain-based business model, in order to facilitate economic mobilisation and wealth creation. The regulatory framework should cater for a new and unique enterprise organisational law and the fund-raising and financing of blockchain-based development projects. Such a regulatory framework is crucially enabling in nature and consistent with the tenets of regulatory capitalism. Further, the book acknowledges the rising importance of private monetary orders in the crypto economy and native payment systems that do not rely on conventional institutions for value transfer. A regulatory blueprint is proposed for governing such monetary orders as 'commons' governance. The rise of Decentralised Finance and other financial innovations in the crypto economy are also discussed, and the book suggests a framework for regulatory consideration in this dynamic landscape in order to meet a balance of public interest objectives and private interests. By setting out a reform agenda in relation to economic and financial governance in the crypto economy, this forward-looking work argues for the extension of 'regulatory capitalism' to this perceived 'wild west' of an alternative economic space. It advances the message that an innovative regulatory agenda is needed to account for the economically disruptive and technologically transformative developments brought about by the crypto economy.

Author : Dean Armstrong KC,Dan Hyde,Sam Thomas
Publisher : Bloomsbury Publishing
Page : 457 pages
File Size : 45,9 Mb
Release : 2022-11-21
Category : Law
ISBN : 9781526521675

Get Book

Blockchain and Cryptocurrency: International Legal and Regulatory Challenges by Dean Armstrong KC,Dan Hyde,Sam Thomas Pdf

Providing a comprehensive explanation of blockchain, cryptocurrency and the international regulation and challenges that apply, this book introduces the reader to the core topics, including: global regulation of blockchain and cryptoassets; the Internet of Things; the Right to be Forgotten and the right to erasure; environmental, social and governance metrics; smart contracts; initial coin offerings; data protection regulation; Decentralised Autonomous Organisations ('DAOs') and the Metaverse. Written by leading UK experts in cyber law, the Second Edition includes: - fungible and non-fungible cryptoassets ('NFTs') - remedy and tracing strategies - financial hygiene requirements that flow from anti-money laundering - counter-terrorist financing regulations. Explaining the fundamentals of blockchain and cryptocurrency in an accessible and understandable way, and sparking new thinking about how old problems can be solved in new ways, this book is essential reading for anyone wishing to have a wider understanding of this complex and evolving area of law. This title is included in Bloomsbury Professional's Cyber Law online service.

Author : Andrew Haynes,Peter Yeoh
Publisher : Taylor & Francis
Page : 214 pages
File Size : 45,6 Mb
Release : 2020-04-28
Category : Law
ISBN : 9781000064049

Get Book

Cryptocurrencies and Cryptoassets by Andrew Haynes,Peter Yeoh Pdf

This book examines the legal and regulatory aspects of cryptocurrency and blockchain and the emerging practical issues that these issues involve. The analysis covers a range of advanced economies across the world, in America, Europe and Asia. The book describes, explains and analyses the nature of cryptocurrencies and the blockchain systems they are constructed on in these major world economies and considers relevant law and regulation and their shortcomings. It will be of use and interest to academics, lawyers, regulators and anyone involved with cryptocurrencies and blockchain.

Author : Thomas G. Duenser
Publisher : BoD – Books on Demand
Page : 190 pages
File Size : 48,9 Mb
Release : 2023-03-23
Category : Business & Economics
ISBN : 9783751944458

Get Book

Legalize Blockchain by Thomas G. Duenser Pdf

In the last decades, digitalization has been enormously pushing innovation with a stunning impact on economy and society. In this book, the author illustrates that blockchain is one strong driver of the future digital economy, enabling a higher level of efficiency, trust, and legal security. As regulation can decide how a jurisdiction can participate in this development, the author discusses the current and future regulatory challenges and explains, why applying financial market laws for all Token Economy is not appropriate and would hinder its development. Consequently, he argues for a new regulatory fundament for Token Economy - as the Principality of Liechtenstein has introduced in 2020 - and explains the political regulatory decisions of the so-called »Blockchain-Act«. The author pleads also in favour of establishing a new regulatory framework for Token Financial Markets and drafts its cornerstones. In addition to that, he describes the need for an innovation process for the legal framework and emphasizes the importance of the innovation culture of governments and authorities to keep pace with the technological developments and ensure future prosperity.

Author : Joseph Lee
Publisher : Routledge
Page : 215 pages
File Size : 53,5 Mb
Release : 2022-02-17
Category : Law
ISBN : 9780429657313

Get Book

Crypto-Finance, Law and Regulation by Joseph Lee Pdf

Crypto-Finance, Law and Regulation investigates whether crypto-finance will cause a paradigm shift in regulation from a centralised model to a model based on distributed consensus. This book explores the emergence of a decentralised and disintermediated crypto-market and investigates the way in which it can transform the financial markets. It examines three components of the financial market – technology, finance, and the law – and shows how their interrelationship dictates the structure of a crypto-market. It focuses on regulators’ enforcement policies and their jurisdiction over crypto-finance operators and participants. The book also discusses the latest developments in crypto-finance, and the advantages and disadvantages of crypto-currency as an alternative payment product. It also investigates how such a decentralised crypto-finance system can provide access to finance, promote a shared economy, and allow access to justice. By exploring the law, regulation and governance of crypto-finance from a national, regional and global viewpoint, the book provides a fascinating and comprehensive overview of this important topic and will appeal to students, scholars and practitioners interested in regulation, finance and the law.

Author : Philipp Hacker,Ioannis Lianos,Georgios Dimitropoulos,Stefan Eich
Publisher : Oxford University Press
Page : 464 pages
File Size : 46,8 Mb
Release : 2019-08-01
Category : Law
ISBN : 9780192579492

Get Book

Regulating Blockchain by Philipp Hacker,Ioannis Lianos,Georgios Dimitropoulos,Stefan Eich Pdf

Less than a decade after the Financial Crisis, we are witnessing the fast emergence of a new financial order driven by three different, yet interconnected, dynamics: first, the rapid application of technology - such as big data, machine learning, and distributed computing - to banking, lending, and investing, in particular with the emergence of virtual currencies and digital finance; second, a disintermediation fuelled by the rise of peer-to-peer lending platforms and crowd investment which challenge the traditional banking model and may, over time, lead to a transformation of the way both retail and corporate customers bank; and, third, a tendency of de-bureaucratisation under which new platforms and technologies challenge established organisational patterns that regulate finance and manage the money supply. These changes are to a significant degree driven by the development of blockchain technology. The aim of this book is to understand the technological and business potential of the blockchain technology and to reflect on its legal challenges. The book mainly focuses on the challenges blockchain technology has so far faced in its first application in the areas of virtual money and finance, as well as those that it will inevitably face (and is partially already facing, as the SEC Investigative Report of June 2017 and an ongoing SEC securities fraud investigation show) as its domain of application expands in other fields of economic activity such as smart contracts and initial coin offerings. The book provides an unparalleled critical analysis of the disruptive potential of this technology for the economy and the legal system and contributes to current thinking on the role of law in harvesting and shaping innovation.