The Law of Crypto Assets
A Handbook
Zusammenfassung
MAUME/MAAUTE, Crypto Assets
We are currently witnessing a revolution in the financial markets. While Bitcoin has been around for some time, new blockchain-based ‘tokens’ have recently emerged, offering new ways of fundraising for businesses of all sizes. Initial Coin Offerings (ICOs) have become an alternative to the traditional investments for private and institutional investors. Market insiders and academics alike agree that these new ‘crypto assets’, commonly referred to as currency tokens, investment tokens and utility tokens, have the potential to change the shape of the financial market landscape significantly.
Despite its innovative potential, the legal status of crypto assets is still uncertain. Are ICOs subject to prospectus disclosure requirements? How can anti-money laundering laws be applied to virtual currencies? Does selling tokens to private persons trigger the application of consumer protection laws? The private law of which country applies to international token transactions? Do token-related services require authorization by national regulators, and if so, the national regulators of which country?
The Law of Crypto Assets’ provides an in-depth examination of all issues emerging from the use of crypto assets in the European Union. It includes, inter alia, an introduction to the technology and economics of crypto assets, as well as twelve chapters on the relevant EU laws, such as consumer protection, private international law, securities and banking regulation, taxation and data protection. The book also provides country reports for important crypto markets, for example the US, Singapore, Germany, France and Australia.
- Kapitel Ausklappen | EinklappenSeiten
- 69–429 Part B: EU Regulation 69–429
- 109–120 § 4. Consumer Protection 109–120
- 146–174 § 6. Data Protection 146–174
- 313–331 § 11. Market Abuse 313–331
- 331–353 § 12. Confiscation 331–353
- 353–369 § 13. Value Added Tax 353–369
- 369–383 § 14. Accounting 369–383
- 429–619 Part C: Country Reports 429–619
- 429–444 § 16. France 429–444
- 444–456 § 17. Germany 444–456
- 456–475 § 18. United Kingdom 456–475
- 475–492 § 19. Switzerland 475–492
- 492–507 § 20. Liechtenstein 492–507
- 507–523 § 21. Russia 507–523
- 542–554 § 23. Singapore 542–554
- 554–570 § 24. Australia 554–570
- 570–583 § 25. New Zealand 570–583
- 583–594 § 26. Hong Kong 583–594
- 619–630 Index 619–630