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6 - The Penumbra Problem

from Part II - Weak Links

Published online by Cambridge University Press:  16 January 2020

William Magnuson
William Magnuson
Affiliation:
Texas A&M Law School
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Summary

In this chapter, the author discusses how blockchain falls between the cracks in legal systems. Beginning with an account of the prosecution of one cryptocurrency founder for securities fraud, the chapter then goes on to show how blockchain's unique structure makes it particularly difficult to regulate, and how regulators have struggled to catch up.

Keywords

bitcoinblockchainlawregulationsecurities
Type
Chapter
Information
Blockchain Democracy
Technology, Law and the Rule of the Crowd
 , pp. 144 - 170
Publisher: Cambridge University Press
Print publication year: 2020

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