The Law of Bitcoin

The Law of Bitcoin

THE LAW OF BITCOIN is the definitive guide to navigating the rules in the dynamic world of cryptocurrency. This book is the first of its kind delving into cryptocurrency law in four jurisdictions: Canada, Germany, the United Kingdom, and the United States. Written by knowledge leaders in the legal cryptocurrency space, THE LAW OF BITCOIN addresses such topics as the intersection of cryptocurrencies and criminal law, taxation, anti-money laundering and counter-terrorist financing regulations, securities law, consumer protection, negotiable instruments, currency law, and financial regulation. THE LAW OF BITCOIN will be a leading resource and go-to text both for those wishing to understand the basics of how the law affects cryptocurrency and for those in the legal community searching for sophisticated answers to more advanced questions. It is unique because the authors concisely and objectively explain how Bitcoin and bitcoin are lawfully viewed. They provide relevant, up-to-date clarity in a space that is often nebulous, confusing and filled with conflicting partisan information. The authors arrive at what will likely be unpopular conclusions that are only possible because they are not seeking to defend special interest groups. This includes issues such as fungibility which is handled in a manner that flips the conventional narrative within the Bitcoin community on its head, yet is important for any entrepreneur, developer, investor and user in the nascent space. THE LAW OF BITCOIN is a helpful guide to novices and veterans alike. Tim Swanson, author of THE ANATOMY OF A MONEY-LIKE INFORMATIONAL COMMODITY and GREAT CHAIN OF NUMBERS

The Law of Electronic Commerce

The Law of Electronic Commerce

"Cash Balance Plan Answer Book, Fourth Edition, provides a singular resource on cash balance plans, covering everything from creating to operating and closing a cash balance plan, including converting an existing defined benefit plan to a cash balance plan. It provides full coverage and clear insight into the effects of the Pension Protection Act of 2006, including all subsequent regulations and recent Internal Revenue Service guidance. Target audience: Practitioners in the field of employment law and human resouorces"--

Blockchain and the Law

Blockchain and the Law

Der Band analysiert die neue Blockchain- und Distributed-Ledger-Technologie (DLT) sowie das Bitcoin-System im Hinblick auf ihre Auswirkungen auf Recht, Vertragsgestaltung und digitale Wirtschaft. Aus einer internationalen und europäischen Perspektive geschrieben, hilft es juristischen Praktikern, aber auch Unternehmern, IT-Spezialisten, Entwicklern und IT-Managern beim Verständnis und der Gestaltung von DLT- und Blockchain-Technologien. Aus dem Inhalt Chapter I Blockchains and DLT in the digital economy Chapter II Blockchains, DLT – basic terms Chapter III Blockchains in finance Chapter IV Durable media with blockchain technology Chapter V "Smart Contracts" Chapter VI The future of blockchain solutions in legal regulations (an initiated discussion).

Regulation of Cryptocurrencies and Blockchain Technologies

National and International Perspectives

Regulation of Cryptocurrencies and Blockchain Technologies

The book highlights the rise of Bitcoin, which is based on blockchain technology, and some of the many types of coins and tokens that emerged thereafter. Although Bitcoin and other cryptocurrencies have made national and international news with their dramatic rise and decline in value, nevertheless the underlying technology is being adopted by both industry and governments, which have noted the benefits of speed, cost efficiency, and protection from hacking. Based on numerous downloaded articles, laws, cases, and other materials, the book discusses the digital transformation, the types of cryptocurrencies, key actors, and the benefits and risks. It also addresses legal issues of digital technology and the evolving U.S. federal regulation. The varying treatment by individual U.S. states is reviewed together with attempts by organizations to arrive at a uniform regulatory regime. Both civil and criminal prosecutions are highlighted with an examination of the major cases that have arisen. Whether and how to tax cryptocurrency transactions both in the U.S. and internationally are analyzed, and ends with a speculative narrative of future developments.

Blockchains, Smart Contracts, Decentralised Autonomous Organisations and the Law

Blockchains, Smart Contracts, Decentralised Autonomous Organisations and the Law

The growth of Blockchain technology presents a number of legal questions for lawyers, regulators and industry participants alike. Primarily, regulators must allow Blockchain technology to develop whilst also ensuring it is not being abused. This book addresses the challenges posed by various applications of Blockchain technology, such as cryptocurrencies, smart contracts and initial coin offerings, across different fields of law. Contributors explore whether the problems posed by Blockchain and its applications can be addressed within the present legal system or whether significant rethinking is required.

Regulation of Bitcoin in Selected Jurisdictions

Regulation of Bitcoin in Selected Jurisdictions

This report surveys forty foreign jurisdictions and the European Union, reporting on any regulations or statements from central banks or government offices on the handling of bitcoins as well as any significant use of bitcoins in business transactions.1 Topics covered include whether bitcoins are recognized as legal tender, the possibility of negative impacts on the national currency, concerns about fraud, and how transactions using the Bitcoin system are viewed by tax authorities. Of those countries surveyed, only a very few, notably China and Brazil, have specific regulations applicable to bitcoin use. There is widespread concern about the Bitcoin system's possible impact on national currencies, its potential for criminal misuse, and the implications of its use for taxation. Overall, the findings of this report reveal that the debate over how to deal with this new virtual currency is still in its infancy.

The End of Money

The story of bitcoin, cryptocurrencies and the blockchain revolution

The End of Money

Murder for hire. Drug trafficking. Embezzlement. Money laundering... These might sound like plot lines of a thriller, but they are true stories from the short history of cryptocurrencies - digital currencies conceived by computer hackers and cryptographers that represent a completely new sort of financial transaction that could soon become mainstream. The most famous - or infamous - cryptocurrency is bitcoin. But look beyond its tarnished reputation and something much shinier emerges. The technology that underlies bitcoin and other cryptocurrencies - the blockchain - is hailed as the greatest advancement since the invention of the internet. It is now moving away from being the backbone for a digital currency and making inroads into other core concepts of society: identity, ownership and even the rule of law. The End of Money is your essential introduction to this transformative new technology that has governments, entrepreneurs and forward-thinking people from all walks of life sitting up and taking notice. ABOUT THE SERIES New Scientist Instant Expert books are definitive and accessible entry points to the most important subjects in science; subjects that challenge, attract debate, invite controversy and engage the most enquiring minds. Designed for curious readers who want to know how things work and why, the Instant Expert series explores the topics that really matter and their impact on individuals, society, and the planet, translating the scientific complexities around us into language that's open to everyone, and putting new ideas and discoveries into perspective and context.

The Bitcoin Big Bang

How Alternative Currencies Are About to Change the World

The Bitcoin Big Bang

Get a handle on the digital currency revolution, and learn howto get on board The Bitcoin Big Bang is a guide to navigating theuncharted territory of digital currency. Written by CNBCcontributor Brian Kelly, this book goes beyond Bitcoin 101 toexplain how this transformative technology is about to change theworld. Digital currency is thrown into perspective against thehistory of payment systems and its own evolution, as readers areinvited to explore the ways in which this technology is alreadychanging the way business gets done. Readers gain insight into themechanisms behind Bitcoin, and an expert perspective on digitalcurrency's effect on the future of money and the economicimplications of the Bitcoin revolution. In the same way that e-mail changed the way we transferinformation, the decentralized Bitcoin network is about torevolutionize the business world, the legal profession, and eventhe role of the government. The Bitcoin Big Bang dives headfirst into this paradigm shift, allowing readers to: Explore the origins of digital currency Learn the history and evolution of payment systems Discover how the Bitcoin network is facilitating free andinstant transfer of value Understand the mining of Bitcoin, and how to invest The digital currency revolution has implications that spread farbeyond the finance industry. Anyone who exchanges payment for goodsand services is on the cusp of the next big push in societalevolution, and only an understanding of the technology and a clearknowledge of the systems and behaviors at play can fully prepare usfor the changes to come. The Bitcoin Big Bang is the go-toguide, helping those who use money use it better.

2018 Complete Guide to Regulation of Cryptocurrency Around the World

Survey of 130 Countries and Organizations - Bitcoin, Virtual Currencies, Digital Money, Blockchain Technologies Laws and Policies

2018 Complete Guide to Regulation of Cryptocurrency Around the World

Contents: Regulation of Cryptocurrency in Selected Jurisdictions, June 2018 * A1. Introduction * A2. Argentina * A3. Australia * A4. Belarus * A5. Brazil * A6. Canada * A7. China * A8. France * A9. Gibraltar * A10. Iran * A11. Israel * A12. Japan * A13. Jersey * A14. Mexico * A15. Switzerland * Regulation of Cryptocurrency Around the World, June 2018 * Comparative Summary * 1. The Americas * 2. The Caribbean * 3. Europe * 4. Middle East and North Africa * 5. Central Asia * 6. South Asia * 7. East Asia and the Pacific * Virtual currencies * Digital money * Blockchain technologies * Bitcoin * Ethereum.This report surveys the legal and policy landscape surrounding cryptocurrencies around the world. While not dissimilar in form to the 2014 Law Library of Congress report on the same subject, which covered forty foreign jurisdictions and the European Union, this report is significantly more comprehensive, covering 130 countries as well as some regional organizations that have issued laws or policies on the subject. This expansive growth is primarily attributable to the fact that over the past four years cryptocurrencies have become ubiquitous, prompting more national and regional authorities to grapple with their regulation. The resulting availability of a broader set of information regarding how various jurisdictions are handling the fast-growing cryptocurrency market makes it possible to identify emerging patterns, some of which are described below. The country surveys are also organized regionally to allow for region-specific comparisons.One interesting aspect of the fast-growing cryptocurrency market is the fluidity of the terms used to describe the different products that fall within its ambit. While the various forms of what are broadly known as "cryptocurrencies" are similar in that they are primarily based on the same type of decentralized technology known as blockchain with inherent encryption, the terminology used to describe them varies greatly from one jurisdiction to another. Some of the terms used by countries to reference cryptocurrency include: digital currency (Argentina, Thailand, and Australia), virtual commodity (Canada, China, Taiwan), crypto-token (Germany), payment token (Switzerland), cyber currency (Italy and Lebanon), electronic currency (Colombia and Lebanon), and virtual asset (Honduras and Mexico).One of the most common actions identified across the surveyed jurisdictions is government-issued notices about the pitfalls of investing in the cryptocurrency markets. Such warnings, mostly issued by central banks, are largely designed to educate the citizenry about the difference between actual currencies, which are issued and guaranteed by the state, and cryptocurrencies, which are not. Most government warnings note the added risk resulting from the high volatility associated with cryptocurrencies and the fact that many of the organizations that facilitate such transactions are unregulated. Most also note that citizens who invest in cryptocurrencies do so at their own personal risk and that no legal recourse is available to them in the event of loss.