Cryptocurrency Risk and Governance Challenges (Routledge Advances in Risk Management)

Cover
Half Title
Series Page
Title Page
Copyright Page
Table of Contents
List of Figures
List of Tables
Preface
Acknowledgements
	Notes
About the Authors
List of Acronyms and Abbreviations
Chapter 1: Introduction
	1.1 Financial Technology (FinTech)
	1.2 The Market for Cryptocurrencies
	1.3 Abstracts of Chapters
	Notes
Chapter 2: Priority Research
	2.1 Introduction
	2.2 Research Objectives
	2.3 Research Instruments
	2.4 Survey Sample
	2.5 Interview Sample
	Notes
Chapter 3: Demystifying the Nature of Cryptocurrencies
	3.1 Introduction
	3.2 Money as a Public Good
	3.3 Cryptocurrency versus Electronic Money
	3.4 Speculative Assets
	3.5 Digital Asset, Digital Currency and Digital Token as Securities
	3.6 Cryptoassets as Exchange Tokens
	3.7 Crypto-Tokens as Objects of Property Rights
	3.8 Accounting Treatment
	3.9 Summary
	Notes
Chapter 4: Information Asymmetry and Knowledge-Gap Risk
	4.1 Introduction
	4.2 Fundamentals
	4.3 Awareness
	4.4 Literacy
	4.5 Education
	4.6 Summary
	Notes
Chapter 5: Opaqueness and Financial Crime Risk
	5.1 Introduction
	5.2 Opaqueness
	5.3 Financial Crime
	5.4 Enforcement
	5.5 Due Diligence
	5.6 Activism
	5.7 Summary
	Notes
Chapter 6: Technology and Security Risk
	6.1 Introduction
	6.2 Blockchain
	6.3 Smart Contract
	6.4 Security and Concentration
	6.5 Summary
	Notes
Chapter 7: Speculative Value and Gambling Risk
	7.1 Introduction
	7.2 Speculation
	7.3 Gambling
	7.4 COVID-19 Pandemic
		7.4.1 Data and Risk Measures
		7.4.2 Results
	7.5 Summary
	Notes
Chapter 8: Shariah-Compliant Risk
	8.1 Introduction
	8.2 Digital Currency as Mal
	8.3 Alternative Views
	8.4 Potential Harm
	8.5 Uncertainty
	8.6 Summary
	Notes
Chapter 9: Regulatory Gap
	9.1 Introduction
	9.2 Malaysia
	9.3 United Kingdom
	9.4 Summary
	Notes
Chapter 10: Governance Challenges in Cyberspace
	10.1 Introduction
	10.2 Criteria for Good Regulation
	10.3 Challenges in Cyber Governance
	10.4 The Latest Debacle
	10.5 Further Research
	Notes
Chapter 11: Conclusions
	11.1 Introduction
	11.2 Cryptocurrency Risk
	11.3 Governance Implications
References
Appendix 1: Sample Published Opinions of Stakeholders
Appendix 2: Requirements for Digital Asset Custodian in Malaysia
	Introduction
Appendix 3: Additional Requirements Relating to Digital Asset Exchange (DAX) in Malaysia
Appendix 4: Future Financial Services Regulatory Regime for Cryptoassets in the UK: Consultation and Call for Evidence
	Chapter 2 Definition of Cryptoassets and Legislative Approach
	Chapter 3 Overview of the Current Regulatory Landscape for Cryptoassets
	Chapter 4 Cryptoasset Activities
	Chapter 5 Regulatory Outcomes for Cryptoasset Issuance and Disclosures
	Chapter 6 Regulatory Outcomes for Operating a Cryptoasset Trading Venue
	Chapter 7 Regulatory Outcomes for Cryptoasset Intermediation Activities
	Chapter 8 Regulatory Outcomes for Cryptoasset Custody
	Chapter 9 General Market Abuse Requirements
	Chapter 10 Regulatory Outcomes for Operating a Cryptoasset
		Lending Platform
	Chapter 11 Call for Evidence: Decentralised Finance (DeFi)
	Chapter 12 Call for Evidence: Other Cryptoasset Activities
	Chapter 13 Call for Evidence: Sustainability
Index