This textbook examines the legal and regulatory approaches to digital assets and related technology taken by United States regulators. As cryptoassets and other blockchain applications mature, and regulatory authorities work hard to keep pace, Daniel Stabile, Kimberly Prior and Andrew Hinkes invite students to consider the legal approaches, challenges and tension points inherent in regulating these new products and systems. The authors explore the attempts to apply securities laws and money transmission regulation, the growth of smart contracts, the taxation of digital assets, and the intersection of digital assets and criminal law.This innovative and unique textbook features: Commentary and analysis by three leading attorneys engaged with the regulation of digital assets and blockchain technology, offering practical, real-world acumenA comprehensive overview of the origins, key features and mechanisms of blockchain technology, as well as a broad intimation of the divisive debates that will shape the future of digital assets, to guarantee a thorough introduction to the topic for studentsExcerpts of authorities and other materials from key regulators, including the Financial Crimes Enforcement Network, the Securities and Exchange Commission, the Commodities Futures Trade Commission, and the Internal Revenue Service, to add insight and nuance to classroom discussions.In this, the first textbook of its kind, students of law, business, or technology will find crucial insights into the law and regulation of blockchain and a comprehensive overview of significant public debates on the topic.
Daniel T. Stabile, Adjunct Professor, University of Miami School of Law and Partner, Shutts & Bowen LLP, Kimberly A. Prior, Winston & Strawn LLP and Andrew M. Hinkes, Adjunct Professor of Law, New York University School of Law, Adjunct Associate Professor, New York University Stern School of Business and Of Counsel, Carlton Fields P.A., US
Contents: 1. Introduction 2. Overview of Distributed Ledger Technology and Terminology 3. The Regulation of Virtual Currency Businesses 4. Fundraising and Securities 5. Offers and Sales of Tokens Under U.S. Securities Laws 6. Smart Contracts 7. The Taxation of Digital Assets 8. Virtual Currency and Criminal Law Index
Feinstein, Charles H. Feinstein, Sidney Pollard, Oxford University) Feinstein, Charles H. (Reader in Recent Social and Economic History, Reader in Recent Social and Economic History, Bielefeld University) Pollard, Sidney (Professor of Economic History, Professor of Economic History
Seth J. Schwartz, Jennifer Unger, University of Miami) Schwartz, Seth J. (Professor, Center for Family Studies, Professor, Center for Family Studies, University of Southern California) Unger, Jennifer (Professor of Preventive Medicine, Professor of Preventive Medicine
Ts'ui-jung Liu, James Lee, David Sven Reher, Osamu Saito, Wang Feng, Taipei) Liu, Ts'ui-jung (Research Fellow and Director, Institute of Taiwan History, Research Fellow and Director, Institute of Taiwan History, Academia Sinica, California Institute of Technology) Lee, James (Professor, Division of Humanities and Social Sciences, Professor, Division of Humanities and Social Sciences, Universidad Complutense de Madrid) Reher, David Sven (Professor in the School of Political Science and Sociology, Professor in the School of Political Science and Sociology, Hitotsubashi University) Saito, Osamu (Professor, Professor, University of California) Feng, Wang (Associate Professor, Department of Sociology, Associate Professor, Department of Sociology, Ts'ui-Jung Liu, Ts-Ui-Jung Liu, James -. David Sven Lee -. Reher