| Description |
1 online resource |
| Series |
International banking and securities law |
|
Brill research perspectives. International banking and securities law.
|
| Contents |
Intro; Contents; A Critical Appraisal of Initial Coin Offerings Lifting the "Digital Token's Veil"; Abstract; Keywords; Introduction: the Rise of the Crypto-Ecosystem; i Emergence of a Crypto-Ecosystem; ii Rise of the Crypto-Economy; iii Paper Structure; iv Literature Review; Part A: ICO Anatomy, Disruption and Benefits; i Anatomy of an ICO; ii A Disruptive Financing Model; Part B: Risks and Systemic Challenges; i Risks Associated with the Funding Model; ii Technology-Related Risks; iii Regulatory and Legal Risks; iv Market Risks and Market Dynamics |
|
Part C: Enforceability and Applicable Legal Regimesi Enforceability and Issuer Liability; ii Applicable Legal Regimes; iii Contract Law; iv Securities Regulation; Part D: Token Characterization; i Digital Token Taxonomy; ii Digital Tokens and Securities Law in Singapore; iii Issues in Classifying Tokens; iv A Framework for Token Characterization; Part E: Regulation and Challenges; i Why Regulate Securities?; ii Regulatory Approaches to ICOs; iii Recommendations -- a Way Forward; Conclusion; References; Appendix 1: Glossary of Terms; Appendix 2: Regulation of ICOs across Jurisdictions |
| Summary |
"In A Critical Appraisal of Initial Coin Offerings: Lifting the "Digital Token's Veil", Dominika Nestarcova examines the regulatory treatment of initial coin offerings ('ICOs'), a novel form of raising capital, where start-up companies issue blockchain-based assets ('digital tokens') to the public in return for a payment. The ICO model promises to utilize blockchain technology to enforce financial contracting via the underlying code, thereby substituting the traditional securities regulation. Dominika Nestarcova provides an in-depth analysis of this promise by examining the nature of digital tokens, the process, underlying benefits and risks to the model and the current state of the ICO regulation with an aim to uncover how the self-regulatory promise offered by ICOs lives up the expectations"-- Provided by publisher |
| Bibliography |
Includes bibliographical references (pages 127-149) |
| Notes |
Online resource; title from digital title page (viewed on November 27, 2019) |
| Subject |
Cryptocurrencies.
|
|
Finance -- Technological innovations
|
|
Electronic funds transfers.
|
|
Securities.
|
|
cryptocurrencies.
|
|
Cryptocurrencies
|
|
Electronic funds transfers
|
|
Finance -- Technological innovations
|
|
Securities
|
| Form |
Electronic book
|
| ISBN |
9004416587 |
|
9789004416581 |
|
