The Global Legal Post today launches the latest addition to the Law Over Borders comparative guide series, on the emerging legal frameworks for cryptoassets.

Edited by Brown Rudnick partners Jane Colston and Jessica Lee, Cryptoassets features contributions from an array of leading firms in key jurisdictions across the world.

Among the topics covered are licensing and anti-money laundering requirements, the regulation of cryptoasset promotion, rules governing crypto bankruptcy and insolvency, the legal treatment of decentralised autonomous organisations (DAOs) and smart contracts.

The easy-to-use digital format allows readers to quickly assess how different jurisdictions tackle common issues by comparing contributing authors’ answers to a series of carefully framed questions.  

Colston, who co-heads Brown Rudnick’s litigation and arbitration practice group in London, said: “We are thrilled to have been involved in this exciting and timely project. Cryptocurrencies transcend borders and raise novel and complex legal issues, which are continually evolving.”

Contributing firms include: Gilbert + Tobin (Australia), Walkers (Bermuda, British Virgin Islands, Cayman Islands), McCarthy Tétrault (Canada), Lytras & Associates (Cyprus), Noerr (Czechia), Kramer Levin (France), AVVOCATI.NET (Italy), Morais Leitão, Galvão Teles, Soares da Silva & Associados (Portugal), Setia Law (Singapore), Lee and Li (Taiwan) and Morgan Lewis & Bockius (United Arab Emirates).

Colston and Lee have written the UK chapter while partners Clara Krivoy and Stephen Palley, co-chairs of the firm’s digital commerce practice, have contributed the US chapter with corporate associate Sharix Alicea.

Lee, a partner in Brown Rudnick’s litigation and arbitration practice, said: “Having advised on several matters relating to cryptoassets, I know how useful this guide will be for lawyers, academics and policymakers alike. As crypto disputes continue to rise, we are proud to provide a practical and valuable resource that will enable lawyers to deliver intelligent advice to clients.”

The guide features a foreword by Isabella Tisenhusen, head of legal and company secretary at Outlier Ventures Operations, a leading Web 3 accelerator with a global portfolio more than 300 investments.

She observes: “Lawyers are instrumental in navigating the ever-expanding crypto legal space, as well as drafting new legislation. Crypto-specific legislation and case law brings along more trust in these new technologies and products, and is an important step on the road to maturity. After all who will invest substantially if they don’t have recourse to law?”

The print version of the guide will be officially launched at Luxury Law Summit London, which takes place at the British Museum on 11 June. Click here to read the guide online and here to pre-order the print and pdf versions, which will be available in April.

Cryptoassets is the eleventh guide in the Law Over Border series. For more information email claudiatan@globalcitymedia.com.