TY - BOOK AU - Brummer,Chris TI - Cryptoassets : legal, regulatory, and monetary perspectives SN - 9780190077327 AV - K4433 .C79 2019 U1 - 343.32 23 PY - 2019/// CY - New Delhi PB - Oxford University Press KW - Cryptocurrencies KW - Law and legislation N1 - Includes bibliographical references (pages 341-428) and index; Introduction / Chris Brummer -- Cryptocurrencies and the Evolution of Banking, Money and Payments / -- Benjamin Geva -- Deconstructing 'Decentralization' : Exploring the Core Claim of Crypto Systems / Angela Walch -- Cryptoasset Valuation : Theory and Practice / Nic Carter -- Towards a Stable Tokenized Medium of Exchange / Alexander Lipton -- The Law and Finance of Initial Coin Offerings / Aurelio Gurrea-Martínez and Nydia Remolina León -- What Should Be Disclosed in an Initial Coin Offering? / Chris Brummer, Trevor I. Kiviat, and Jai Massari -- Blockchains and the Risk Management Infrastructure of the Derivatives Industry / Petal Walker -- Difficulties in Achieving Neutrality and Other Challenges in Taxing Crypto Assets / Christophe Waerzeggers and Irving Aw -- Blockchain and Identity Persistence / Alex Marthews and Catherine Tucker -- Policy and Regulatory Challenges of Distributed Ledger Technology and Digital Assets in Asia / Douglas Arner, Ross Buckley, Dirk Zetzsche, Bo Zhao, Anton Didenko, Cyn-Young Park and Emilija Pashoska -- Casting Light on Central Bank Digital Currency / Tommaso Mancini-Griffoli, Maria Soledad Martinez Peria, Itai Agur, Anil Ari, John Kiff, Adina Popescu, and Celine Rochon with contributions from Fabio Comelli, Federico Grinberg, Ashraf Khan, and Kristel Poh N2 - "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 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"-- ER -