Storj: A Decentralized Cloud Storage Network Framework
Decentralized cloud storage represents a fundamental shift in the efficiency and economics of large-scale storage. Eliminating central control allows users to store and share data without reliance on a third-party storage provider.
Cryptoassets Taskforce: final report
This report provides an overview of cryptoassets and the underlying technology, assesses the associated risks and potential benefits, and sets out the path forward with respect to regulation in the UK.
Regulating cryptocurrencies: assessing market reactions
The BIS study suggests that cryptocurrency markets rely on regulated financial institutions to operate, bringing cryptocurrencies within reach of national regulation.
IFRS: Accounting for crypto-assets
This report aims to briefly introduce cryptocurrencies and other types of crypto-assets. Then, the authors consider their possible classification within the existing financial reporting framework as codified by the International Financial Reporting Standards (IFRS).
Hong Kong â Building Trust Using Distributed Ledger Technology
This paper aims to explain briefly what DLT is, and indicate the technologyâs transformative potential, describe what selected overseas jurisdictions have been doing to explore DLT, describe the present state of DLT exploration in Hong Kong, suggest an initial framework for Hong Kong to build up a DLT ecosystem and suggests potential DLT use-cases in Hong Kong for medium-term consideration. The paper takes its lead from the financial services implications of DLT â from which perspective DLT is a dimension of FinTech and also a digital currency. In that sense, blockchain strategy is one element of FinTech strategy. However, DLT has implications far beyond financial services, which the present paper also seeks to address.
Distributed ledger in payment,clearing and settlement: An analytical framework
The report provides an analytical framework for central banks and other authorities to review and analyse the use of distributed ledgers in payment, clearing and settlement activities. The main aim of the framework is to help understand the uses of DLT and, in doing so, identify both the opportunities and challenges associated with this technology in a critical part of the financial system.
A Securities Law Framework for Blockchain Tokens
This document is a general guide for developers and users of tokens. Part 1 âis designed to estimate how likely a particular token is to be a security under US federal securities law. Part 2â sets out some best practices for crowdsales. Part 3â is a detailed securities law analysis by Debevoise & Plimpton LLP.
Exploring Blockchain-Enabled Convergence
A free report on where Blockchain Converges with AR / VR / AI / 3D Printing / Drones. This white paper will form the beginning framework for a series of ongoing events committed to supporting a community aligned to the idea of convergence.
Framework for Securities Regulation of Cryptocurrencies
This report presents a framework for securities regulation of cryptocurrenciesâe.g. Bitcoin and derivative projects or âalt-coins.â The framework is based on the Howey test for an investment contract as well as the underlying policy goals of securities regulation. We find that several key variables within the software of a cryptocurrency and the community that runs and maintains that software are indicative of investor or user risk. These variables are explained in depth and mapped to the four prongs of the Howey test in order to create a framework for determining when a cryptocurrency resembles a security and might therefore be regulated as such. We find that larger, more decentralized cryptocurrenciesâe.g. Bitcoinâ pegged cryptocurrenciesâi.e. sidechainsâas well as distributed computing platformsâe.g. Ethereumâdo not easily fit the definition of a security and also do not present the sort of consumer risk best addressed through securities regulation. We do find, however, that some smaller, questionably marketed or designed cryptocurrencies may indeed fit that definition.
Digital currency – game changer or bit player
The inquiry was established to examine how best to define digital currency within the regulatory frameworks in order to support innovation and the needs of the growing Australian digital currency industry.
