Crypto-assets

Abstract

The chapter explains the nature of crypto-assets and how principles of ownership apply to them. Cryptocurrency and crypto-assets : Cryptocurrency from an ownership perspective; Initial Coin Offerings; due diligence and regulation (European Union: Fifth Anti-Money-Laundering Directive [Directive EU 2018/843 30 May 2018] and the Tax3 Committee of the European Parliament; European Union - Markets in Crypto-assets Regulation (MiCA) [Regulation (EU) 2023/1114 31 May 2023]; Financial Action Task Force). Blockchain: smart contracts; United States of America: Delaware - blockchain maintenance of corporate records; United States of America: Wyoming - Decentralised Autonomous Organisations (DAOs); Non-Fungible Tokens.