IDEAS home Printed from https://ideas.repec.org/h/elg/eechap/21933_15.html
   My bibliography  Save this book chapter

Conclusion: Regulating distributed ledger technology through financial services law

In: Financial Services Law and Distributed Ledger Technology

Author

Listed:
  • .

Abstract

The final summary of the book captures the key conclusions from the analysis: much of existing UK financial services regulation is already fit for the purpose of being applied to centralised providers of DLT-based financial services. Equally, existing home and host-state regulations are capable of solving questions of jurisdiction and applicable law. However, four aspects of DLT-based financial services do give rise to unique regulatory considerations: stablecoins that create digital versions of fiat currency; utility tokens that do not fall under financial services regulation; fully decentralised models of finance that have completely decentralised governance structures; and the settlement, custody and reporting mechanisms that are an inherent characteristic of utilising distributed rather than centralised databases.

Suggested Citation

  • ., 2024. "Conclusion: Regulating distributed ledger technology through financial services law," Chapters, in: Financial Services Law and Distributed Ledger Technology, chapter 15, pages 375-385, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:21933_15
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/doi/10.4337/9781035300884.00025
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Law - Academic; Law - Professional;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:eechap:21933_15. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.