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Books > Law > Laws of other jurisdictions & general law > Financial, taxation, commercial, industrial law > Financial law
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Cryptoassets - Legal, Regulatory, and Monetary Perspectives (Paperback)
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Cryptoassets - Legal, Regulatory, and Monetary Perspectives (Paperback)
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Cryptoassets represent one of the most high profile financial
products in the world, and fastest growing financial products in
history. From Bitcoin, Etherium and Ripple's XRP-so called "utility
tokens" used to access financial services-to initial coin offerings
that in 2017 rivalled venture capital in money raised for startups,
with an estimated $5.6 billion (USD) raised worldwide across 435
ICOs. All the while, technologists have hailed the underlying
blockchain technology for these assets as potentially game changing
applications for financial payments and record-keeping. At the same
time, cryptoassets have produced considerable controversy. Many
have turned out to be lacklustre investments for investors. Others,
especially ICOs, have also attracted noticeable fraud, failing
firms, and alarming lapses in information-sharing with investors.
Consequently, many commentators around the world have pressed that
ICO tokens be considered securities, and that concomitant
registration and disclosure requirements attach to their sales to
the public. This volume assembles an impressive group of scholars,
businesspersons and regulators to collectively write on
cryptoassets. This volume represents perspectives from across the
regulatory ecosystem, and includes technologists, venture
capitalists, scholars, and practitioners in securities law and
central banking.
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