This book assesses the rapidly changing landscape of digital finance regulation. Focusing on the laws of banking-finance, tax, insurance, intellectual property [patents-copyright] and international commercial arbitration, it also delves into the regulation of tokens and the laws pertaining to its development, use, and transaction.
The book undertakes a comparative study of civil and common law jurisdictions such as Australia, India, Japan, Singapore, UK, EU, and the USA. It explores how each jurisdiction is at various stages of developing its digital economy and providing banking and financial regulations for crypto-digital assets such as tokens. It also highlights the potential for global regulatory change and collaboration, such that there is a robust, efficient, and harmonised framework of standards, codes and law. The book asserts that blockchain technology will be a disruptive force to commercial law and will be important to taxation and insurance laws (contracts), as well as the technology that supports them. It also expands on how international arbitration agreements will require more extensive knowledge on data and cybersecurity due to the use of expert evidence that involves blockchain, code, and cybersecurity, amongst other technological elements that facilitate smart contracts and token transactions.
A book of keen interest to scholars of finance law, digital finance, and comparative law, as well as legal practitioners.