Blockchain and Cryptocurrency: International Legal and Regulatory Challenges, 2nd

Welcome to the Second Edition of Blockchain and Cryptocurrency: International Legal and Regulatory Challenges. When we wrote the original book that will now be known as the First Edition, we were not at all certain there would
be a sequel; we could imagine a strong future for blockchain and distributed ledger technology but cryptocurrency was facing bans in a number of countries and its future success was not guaranteed. Yet as we look at cryptocurrency or, as some may prefer cryptoassets, at the beginning of 2022 one might argue that its rise has been equal to or even more stratospheric than blockchain. Indeed, my co-authors noted that had we been writing the First Edition today there would be healthy debate as to whether the book title order should be Cryptocurrency
and Blockchain rather than the other way round. The title however remains faithful to the original as does our underlying philosophy that the book should be as accessible and understandable as possible. Whilst many more readers will be more familiar with blockchain and cryptocurrency this time around we have tried to accommodate those who would benefit from an explanation of the fundamentals. We again adopt the observation of Albert Einstein that ‘if you can’t explain it to a six year old, you don’t understand it yourself’ and have strived to elucidate blockchain, cryptocurrency and the new thinking that these topics represent whilst always keeping in mind that it should be explained in a way that anyone, including a six year old, would understand.