This book focuses on the building of a crypto economy as an
alternative economic space and discusses how the crypto economy should
be governed. The crypto economy is examined in its productive and
financialised aspects, in order to distil the need for governance in
this economic space.
The author argues that it is imperative for regulatory policy to
develop the economic governance of the blockchain-based business
model, in order to facilitate economic mobilisation and wealth
creation. The regulatory framework should cater for a new and unique
enterprise organisational law and the fund-raising and financing of
blockchain-based development projects. Such a regulatory framework is
crucially enabling in nature and consistent with the tenets of
regulatory capitalism.
Further, the book acknowledges the rising importance of private
monetary orders in the crypto economy and native payment systems that
do not rely on conventional institutions for value transfer. A
regulatory blueprint is proposed for governing such monetary orders as
'commons' governance. The rise of Decentralised Finance and other
financial innovations in the crypto economy are also discussed, and
the book suggests a framework for regulatory consideration in this
dynamic landscape in order to meet a balance of public interest
objectives and private interests.
By setting out a reform agenda in relation to economic and financial
governance in the crypto economy, this forward-looking work argues for
the extension of 'regulatory capitalism' to this perceived 'wild west'
of an alternative economic space. It advances the message that an
innovative regulatory agenda is needed to account for the economically
disruptive and technologically transformative developments brought
about by the crypto economy.
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Business Transformations and Financialisation
Produktdetaljer
ISBN
9781509935758
Publisert
2021
Utgave
1. utgave
Utgiver
Bloomsbury UK
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter