Del i serien Elgar Studies in Contemporary Commercial Law

Tokenised Economy and the Law

Inbunden, Engelska, 2024

1 939 kr

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This topical book offers a comprehensive examination of the legal framework behind the tokenised economy, illustrating the business applications of blockchain and distributed-ledger technologies. Conducting a thorough analysis of the different taxonomies of crypto assets, Riccardo de Caria focuses on a range of legal areas, including currency, property, contract, investment and corporate law. Presenting a multijurisdictional perspective on the legal challenges that arise from economic application of tokens, de Caria approaches the subject by looking primarily at the business implications of the regulatory choices facing policy-makers. Chapters explore relevant case studies such as the implementation of the EU's MiCAR and the Data Act. Contextualising his discussion within the broader framework of the relationship between law and new technologies, de Caria underscores the need for lawyers to reflect on the extent to which computer code can replace traditional legal categories. The Tokenised Economy and the Law is an accessible resource for scholars of public and private law, as well as scholars of macro-economics, business management and corporate finance. Legal practitioners and researchers will also find the policy debates and market insights presented here beneficial.

Produktinformation

Utgivningsdatum2024-12-13
Mått156 x 234 x undefined mm
FormatInbunden
SpråkEngelska
SerieElgar Studies in Contemporary Commercial Law
FörlagEdward Elgar Publishing Ltd
ISBN9781800883215

Tillhör följande kategorier

Handelsrätt inom Juridik
Databaser inom Data och IT

‘The new book, The Tokenised Economy and the Law, by Riccardo de Caria, is a much needed addition to the literature given the rise of digital assets. The creation of value produced initially by cryptocurrencies set up a framework for new digital markets going forward. More recently, the creation, marketing and selling of non-fungible tokens (NFTs) holds the potential for robust future markets in such tokens. The increase in different types of digital assets, which is likely to accelerate, demands the creation of a legal framework to build trust in these assets and to provide legal redress in cases of abuse and harm. This framework is important due to the transborder nature of tokens. De Caria provides just such a framework or taxonomy that will benefit those trying to understand the intersection of law and technology. The regulation of tokens is examined through the traditional lenses of currency, property, contract, corporate, and investment or securities law. Plausible arguments can be made for the application of all these areas of law in the regulation of tokens. But this presents a problem of uncertainty if different countries choose various paths to understanding and regulating tokens.