Rethinking the regulation of cryptoassets : cryptographic consensus technology and the new prospect / Syren Johnstone.

Format:

Book

Author/Creator:

Johnstone, Syren, author.

Contributor:

Edward Elgar Publishing, publisher.

Series:

Rethinking law.

Rethinking law series

Language:

English

Subjects (All):

Cryptocurrencies--Law and legislation.

Cryptocurrencies.

Blockchains (Databases)--Law and legislation.

Blockchains (Databases).

Law reform.

Physical Description:

1 online resource (328 pages).

Place of Publication:

Northampton, England : Edward Elgar Publishing, [2021]

Summary:

"This thought-provoking book challenges the way we think about regulating cryptoassets. Bringing a timely new perspective, Syren Johnstone critiques the application of a financial regulation narrative to cryptoassets, questioning the assumptions on which it is based and whether regulations developed in the 20th century remain fit to apply to a technology emerging in the 21st. Johnstone argues that the financial narrative stifles the 'New Prospect' for the formation of novel commercial relationships and institutional arrangements, suggesting it is time to think about how to regulate for the development of a polymorphic ecosystem. Johnstone concludes with proposals for reform, positing a new DBA framework that facilitates industry aspirations while remaining sustainable and compatible with regulatory objectives. Rethinking the Regulation of Cryptoassets will be an invaluable read for policy makers, regulators and technologists looking for a deeper understanding of the issues surrounding cryptoasset regulation and possible alternative approaches. It will also be of interest to scholars and students researching the intersections of law, technology, regulation and finance"-- Provided by publisher.

Contents:

Contents: About the author

Foreword

Preface why cryptoasset regulation needs rethinking: An Introduction

Part I: The initial journey acquiring the tradition

2. Cypher fundamentals

3. Responses from the centre

Part II: The primary issues

4. Applying securities laws to cryptoassets

5. Regulatory building blocks and other concerns

6. Complexities in a developing technology

Part III: The secondary market

7. An emerging market

8. Cryptoexchange models

9. The concept of an exchange

10. Regulatory concerns

Part IV: Influences and considerations

11. The ordering of progress

12. Ecosystem development

13. Incrementalism and paradigms

Part V: Future directions

14. Responding to change

15. Proposals for policy development

16. The origin of cryptocommunity suggested readings postscript

Index.

Notes:

Includes bibliographical references and index.

Description based on print version record.

ISBN:

1-80088-679-9