Blockchain and Its Legal Implications

Blockchain has generated significant excitement, investment, and entrepreneurial activity in recent years. However, the business value of blockchain-based solutions is still uncertain, cryptocurrency valuations are speculative, and there are legal, regulatory, and governance challenges that need to be addressed.

At the end of this course, you will be able to:

• Determine the essential features of blockchain, cryptocurrencies, distributed ledger technology, and smart contracts;
• Evaluate current and potential business use cases and the legal and regulatory challenges these technologies raise;
• Identify the financial service implications of blockchain technology, in particular, in payments, remittance and banking;
• Recognize the money laundering risks associated with cryptocurrencies and how the Anti-Money Laundering Council is addressing them;
• Determine the different characteristics of digital assets and why some digital assets are considered as security, investment contract, or financial instrument; and
• Identify the registration and compliance requirements that apply to “security tokens” and “tokenized securities”