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Cryptoassets: Legal, Regulatory, and Monetary Perspectives
2019
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Détails
Titre
Cryptoassets: Legal, Regulatory, and Monetary Perspectives
Auteur
Type d’élément
Journal article
Description
1 online resource
ISBN
9780190077358 eBook
Résumé
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 rivaled venture capital in money raised for startups, with an estimated $5.6 billion (USD) raised worldwide across 435 Initial Coin Offerings (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 lackluster 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.
Série
Source of Description
Online resource
Ressources liées
Publié
Oxford: Oxford University Press, 2019
Langue
Anglais
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