What role does ownership of the token play? An economic analysis of the European regulations applicable to cryptoassets Cover Image
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Ce rol joacă proprietatea asupra token-ului? O analiză economică a reglementărilor europene aplicabile criptoactivelor
What role does ownership of the token play? An economic analysis of the European regulations applicable to cryptoassets

Author(s): Ioan Sumandea Simionescu
Subject(s): Law, Constitution, Jurisprudence, Civil Law
Published by: Universul Juridic
Keywords: crypto-assets; economic analysis of legal ownership; token; market efficiency;

Summary/Abstract: As more and more investors emerge in the crypto-assets market, it makes sense to consider whether there is a need for regulation in this area. The European legislative has taken the first steps in shaping an European regulatory framework for crypto-assets. In this study, we will start an economic analysis of the law applicable to crypto-assets, focusing on an essential element of a well-functioning market: ownership. We will present the main difficulties identified in applying these economic theories to tokens, concluding with some guidelines in this area.

  • Issue Year: 2023
  • Issue No: 02
  • Page Range: 173-188
  • Page Count: 16
  • Language: Romanian
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