This book brings together experts from different fields and with different jurisdictional focuses to provide fresh ideas and deep insights into crypto regulation.
Cryptoassets engage many different areas of law, with their own specific terminologies, uncertainties, and regulatory fragmentation. Unsurprisingly, then, crypto has faced calls for new laws, for reform of existing laws, and in some instances outright banning. Against this backdrop, this collection explores different aspects of crypto regulation, with reference to current developments, such as the Markets in Crypto-Assets Regulation, and technological innovations, including central bank digital currencies, smart contracts, and non-fungible tokens. Market, user and law-/policy-maker perspectives are examined to explore not only innovation and opportunities, but also regulatory and policy challenges.
This volume will be a key resource for scholars and practitioners of law, finance, public policy, criminology and economics. It was originally published as a special issue of Law and Financial Markets Review.
Introduction: Regulating crypto
Saskia Hufnagel and Colin King
1. Digital payments system and market disruption
Andrea Miglionico
2. Crypto payments – a danger to consumer protection?
Louise Damkjær Christensen
3. Smart contracts: to regulate or not? Global perspectives
Pınar Çağlayan Aksoy
4. Is the syndicated loans market ready for distributed ledger technology?
Hüseyin Can Aksoy
5. The economic law of (central bank) digital currency
Filippo Zatti
6. Regulating virtual asset service providers in the offshore world: the Cayman Islands example
Andrew James Perkins
Biography
Saskia Hufnagel is Professor at the University of Sydney Law School and Co-Director of the Sydney Institute of Criminology. She is also a Senior Associate Research Fellow at the Institute of Advanced Legal Studies, University of London. Her research concerns global law enforcement cooperation, transnational and comparative criminal justice and art crime. She has worked at universities in both Europe and Australia. Saskia is a qualified German legal professional and accredited specialist in criminal law.
Colin King is Professor at the University of Sydney Law School, where he teaches and researches in evidence and financial crime, and is a Senior Associate Research Fellow at the Institute of Advanced Legal Studies, University of London’. Prior to arriving in Australia, he worked at universities in Leeds, Manchester, Sussex, and London (IALS). Colin is Editor-in-Chief of Current Issues in Criminal Justice.
