Digital Asset Law: The Evolving Legal and Regulatory Framework, Second Edition

Buy a new version of this textbook and receive access to the Connected eBook on Casebook Connect, including academic lifetime access to the online ebook with highlight, annotation, and search capabilities. Access also includes an outline tool and other helpful resources. Connected eBooks provide what you need most to be successful in your law school classes. Digital Asset Law: The Evolving Legal and Regulatory Framework by V. Gerard Comizio is a cutting edge and expanded second edition of his groundbreaking 2022 textbook, Virtual Currency Law: The Emerging Regulatory Framework. This up-to-date and comprehensive text explores and analyzes both the exploding market structure and the legal and regulatory developments impacting digital assets today under a wide range of federal and state laws, including securities, banking, commodities, money transmission, payments systems, commercial, anti-money laundering, fintech, cyber and data security, tax, and constitutional and international laws.  New to the Second Edition:  New and expanded sections related to the rapidly evolving and changing legal, regulatory, and market structure developments in federal and state laws governing digital assets; federal stock offerings; mutual funds and broker dealers; commodities and derivatives; banking; and the unique NY itBit trading exchange license and ensuing litigation between federal and state banking regulators over the authority to issue such licenses.  A new chapter exploring and analyzing the “Crypto Winter” market crisis of 2022, including the FTX scandal and other crypto train exchange failures; the legal, regulatory, and policy issues raised by the crisis; and the impact on the future of digital asset regulation raised by the broad range of recent digital asset initiatives by the Trump administration, including Executive Order 14178, the recent 160-page Presidential Working Group’s recommendations regarding digital asset market structure and regulation.  Specific coverage of changing laws and regulations, including the 2025 GENIUS Act, creating a new market and regulatory structure governing the market for stablecoins; the Securities and Exchange Commission’s changing policy on the permissibility of Bitcoin and other crypto publicly traded funds and the SEC’s “Crypto 2.0” Task Force; and changing regulation and policies of federal banking agencies designed to permit banking organizations to now engage in a wide range of digital asset activities.  Professors and students will benefit from:  Each chapter begins with a basic introduction to the fundamental legal and regulatory legal framework of the respective areas of law being applied to digital assets. As such,  for students, it is not only a useful primer on digital asset regulation, but also provides a basic understanding of major areas of corporate and financial institutions laws.  for professors who are not experts in all areas of law and regulation covered in the book, these chapter introductions will help provide a better understanding of the materials.  The chapters, organized by the area of law and regulation analyzed, also provide useful comparative analysis of similar concepts under other laws and regulations discussed in other chapters.  Expanded treatment and updated coverage and analysis of digital asset law, regulation, and policy. The second edition now facilitates its use to teach either a two or three credit elective course or seminar, and also may be used as a treatise or research source on digital asset law and regulation issues. Coverage of the wide range of 2025 initiatives by the Trump administration as they impact changing law, regulation, and policy.