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Global Legal Insights -

Global Legal Insights

Blockchain & Cryptocurrency Regulation

Josias Dewey (Herausgeber)

Buch | Hardcover
520 Seiten
2021 | 4th Revised edition
Global Legal Group Ltd (Verlag)
9781839181511 (ISBN)
CHF 609,95 inkl. MwSt
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It should come as no surprise that regulatory clarity in the digital assets (or crypto) space has remained elusive over the last 12 months. Nevertheless, interest in regulating digital assets and crypto has never been higher among policymakers and regulators. In the U.S., 2021 also ushered in a new administration. While it is still early days, some U.S. regulators already appear to be approaching digital assets from a different perspective (e.g., the Office of the Comptroller of the Currency). Others, however, appear to be doubling down on their historic approach (e.g., the Securities and Exchange Commission). All of
this ensures that providing sound legal counsel in this space will continue to be a challenge. Now in its fourth edition, this publication is dedicated to assisting counsel overcome this challenge, whether advising clients in the U.S. or elsewhere.
The last year has seen a number of developing trends. First, the interest of institutional players has continued to grow exponentially as digital assets continue to move into the mainstream. This has included institutional investors and asset managers and the growing number of service providers and professionals that support those activities. Today, it is a rare event that an hour passes in which any financial news ticker does not include headlines about Bitcoin or other digital assets. Second, the proliferation of stablecoins and increasingly complex and popular decentralized finance transactions has drawn increased scrutiny from regulators and policymakers, with even the White House recently announcing that it supports regulating stablecoin issuers like banks. Third, non-fungible tokens (NFTs) have increased in popularity. NFTs representing everything from digital artwork to sports memorabilia fetched millions at auction. Simply put, the number and nature of engagements has exploded over the last year.
While no publication can provide clarity on all the issues that might be relevant to a digital asset or blockchain engagement, our hope is that this publication frames many of the most significant issues that practitioners will confront. For many issues, clarity is particularly difficult to attain as a result of legislative and regulatory inaction and other gaps in official guidance. As the chapters in this publication reveal, practitioners will generally be well served to approach many of these issues from a technologically agnostic perspective. Laws and regulations serve to advance or implement policies, which are often equally
applicable regardless of technology.
There are, however, some instances when a certain aspect of a technology may raise its own unique considerations. For example, privacy coins, such as Monero, potentially allow for digital transfers of value without an easy means of identifying senders and recipients. This has implications for the application of AML/KYC regulations, such as the travel rule, to transactions involving these assets. Hopefully, after digesting the chapters of this publication, the reader will be better able to identify the issues presented by a given engagement and more easily able to properly frame those issues to his or her clients.

Preface Josias N. Dewey, Holland & Knight LLP
Foreword Daniel C. Burnett, Enterprise Ethereum Alliance
Glossary The Contributing Editor shares key concepts and definitions of blockchain
Industry chapters
The evolution of global markets continues - Blockchain, cryptoassets and the future of everything, Ron Quaranta, Wall Street Blockchain Alliance 1
Cryptocurrency and blockchain in the 117th Congress, Jason Brett & Whitney Kalmbach, Value Technology Foundation 7
Six years of promoting innovation through education: The blockchain industry, law enforcement and regulators work towards a common goal, Jason Weinstein & Alan Cohn, The Blockchain Alliance 20
Expert analysis chapters
Blockchain and intellectual property: A case study Ieuan G. Mahony, Brian J. Colandreo & Jacob Schneider, Holland & Knight LLP 24
Cryptocurrency and other digital asset funds for U.S. investors, Gregory S. Rowland & Trevor Kiviat, Davis Polk & Wardwell LLP 41
Not in Kansas anymore: The current state of consumer token regulation in the United States, Yvette D. Valdez, Stephen P. Wink & Paul M. Dudek, Latham & Watkins LLP 56
An introduction to virtual currency money transmission regulation, Michelle Ann Gitlitz, Carlton Greene & Caroline Brown,
Crowell & Moring LLP 82
Decentralized finance: Ready for its "close-up"? Lewis Cohen, Angela Angelovska-Wilson & Greg Strong, DLx Law 101
Legal considerations in the minting, marketing and selling of NFTs, Stuart Levi, Eytan Fisch & Alex Drylewski, Skadden, Arps, Slate, Meagher & Flom LLP 115
Cryptocurrency compliance and risks: A European KYC/AML perspective, Fedor Poskriakov & Christophe Cavin, Lenz & Staehelin 130
Distributed ledger technology as a tool for streamlining transactions, Douglas Landy, James Kong & Ben Elron, White & Case LLP 146
Ransomware and cryptocurrency: Part of the solution, not the problem, Katie Dubyak, Jason Weinstein & Alan Cohn, Steptoe & Johnson LLP 161
A day late and a digital dollar short: Central bank digital currencies, Richard B. Levin & Kevin R. Tran, Nelson Mullins Riley & Scarborough LLP 171
U.S. federal income tax implications of issuing, investing and trading in cryptocurrency, Pallav Raghuvanshi & Mary F. Voce, Greenberg Traurig, LLP 185
Raising capital: Key considerations for cryptocurrency companies, David Lopez, Colin D. Lloyd & Laura Daugherty, Cleary Gottlieb Steen & Hamilton LLP 196
Smart contracts in the derivatives space: An overview of the key issues for buy-side market participants, Jonathan Gilmour & Vanessa Kalijnikoff Battaglia, Travers Smith LLP 208
Tracing and recovering cryptoassets: A UK perspective, Jane Colston, Jessica Lee & Imogen Winfield, Brown Rudnick LLP 214
Jurisdiction chapters
Australia Peter Reeves, Robert O'Grady & Emily Shen, Gilbert + Tobin 224
Austria Ursula Rath, Thomas Kulnigg & Dominik Tyrybon, Schoenherr Rechtsanwalte GmbH 237
Brazil Flavio Augusto Picchi & Luiz Felipe Maia, FYMSA Advogados 245
Canada Simon Grant, Kwang Lim & Matthew Peters, Bennett Jones LLP 256
Cayman Islands Alistair Russell, Chris Duncan & Jenna Willis, Carey Olsen 268
Cyprus Akis Papakyriacou, Akis Papakyriacou LLC 276
France William O'Rorke & Alexandre Lourimi, ORWL Avocats 284
Gibraltar Joey Garcia, Jonathan Garcia & Jake Collado, ISOLAS LLP 295
India Nishchal Anand, Pranay Agrawala & Dhrupad Das, Panda Law 305
Ireland Keith Waine, Karen Jennings & David Lawless, Dillon Eustace LLP 317
Italy Massimo Donna & Chiara Bianchi, Paradigma - Law & Strategy 327
Japan Takeshi Nagase, Tomoyuki Tanaka & Takato Fukui, Anderson Mori & Tomotsune 334
Jersey Christopher Griffin, Emma German & Holly Brown, Carey Olsen Jersey LLP 345
Kenya Muthoni Njogu, Njogu & Associates Advocates 353
Korea Won H. Cho & Dong Hwan Kim, D'LIGHT Law Group 367
Luxembourg Jose Pascual, Bernard Elslander & Clement Petit, Eversheds Sutherland LLP 378
Mexico Carlos Valderrama, Diego Montes Serralde & Evangelina Rodriguez Machado, Legal Paradox (R) 389
Montenegro Luka Veljovic & Petar Vucinic, Moravcevic Vojnovic i Partneri AOD in cooperation with Schoenherr 397
Netherlands Gidget Brugman & Sarah Zadeh, Eversheds Sutherland 402
Norway Ole Andenaes, Snorre Nordmo & Stina Tveiten, Wikborg Rein Advokatfirma AS 413
Portugal Filipe Lowndes Marques, Mariana Albuquerque & Duarte Verissimo dos Reis, Morais Leitao, Galvao Teles, Soares da Silva & Associados 426
Serbia Bojan Rajic & Mina Mihaljcic, Moravcevic Vojnovic i Partneri AOD Beograd in cooperation with Schoenherr 437
Singapore Kenneth Pereire & Lin YingXin, KGP Legal LLC 442
Spain Alfonso Lopez-Ibor Alino & Olivia Lopez-Ibor Jaume, Lopez-Ibor Abogados 452
Switzerland Daniel Haeberli, Stefan Oesterhelt & Alexander Wherlock, Homburger 460
Taiwan Robin Chang & Eddie Hsiung, Lee and Li, Attorneys-at-Law 475
United Kingdom Stuart Davis, Sam Maxson & Andrew Moyle, Latham & Watkins 482
USA Josias N. Dewey, Holland & Knight LLP 499

Erscheinungsdatum
Reihe/Serie Global Legal Insights - Blockchain & Cryptocurrency Regulation ; 4
Verlagsort London
Sprache englisch
Maße 156 x 246 mm
Themenwelt Recht / Steuern Allgemeines / Lexika
Recht / Steuern EU / Internationales Recht
Recht / Steuern Wirtschaftsrecht Bank- und Kapitalmarktrecht
Wirtschaft Betriebswirtschaft / Management Finanzierung
ISBN-13 9781839181511 / 9781839181511
Zustand Neuware
Informationen gemäß Produktsicherheitsverordnung (GPSR)
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Buch | Softcover (2025)
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CHF 34,85