Publication Type

Book Chapter

Version

submittedVersion

Publication Date

8-2023

Abstract

The past year has witnessed significant growth in the size, and mainstream profile, of financial markets built on distributed ledger technology (“DLT”), in particular “blockchain”. In February 2021, the market capitalisation of the cryptoasset Bitcoin, which is built on the first operational blockchain, topped USD 1 trillion. So-called decentralised finance (“DeFi”), built mostly on the Ethereum blockchain, grew from less than USD 1 billion to over USD 80 billion in May 2021. Even if one adopts a sceptical posture towards these developments, “crypto” markets cannot be ignored by scholars or practitioners of financial and monetary law.

Discipline

Banking and Finance Law | Law and Economics

Research Areas

Innovation, Technology and the Law

Publication

International monetary and banking law post COVID-19

Editor

BLAIR, William; GORTSOS, Christos; ZILIOLI, Chiara

First Page

1

Last Page

21

ISBN

9780192869753

Publisher

Oxford University Press

City or Country

England

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