Cryptoassets are information held on a blockchain which are traded for the value of this information in itself. Different regulators are taking different approached to regulating cryptoassets, however generally a functional approach is used to understand cryptoassets. Areas of regulatory focus include stopping money laundering and consumer protection.
Key learning objectives:
What are the benefits of blockchain?
What are smart contracts?
What are cryptoassets?
What are the areas of regulator focus?