ABA book analyzes cryptocurrencies' effect on digital economy and financial security

The new American Bar Association release “Blockchain for Business Lawyers” provides readers with a comprehensive look at one of the most transformative and disruptive technologies in decades. It is a vital new phase in the Internet economy that has the potential to make game-changing transformations to our digital economy and financial security.

This book offers a detailed review of cryptocurrencies and financial regulations (with a focus on the United States); smart code and smart contracts; security and privacy; antitrust regulations; the regulation of money transmission; applicable U.S. state laws and disputes, liability and jurisdiction issues related to blockchain. It looks at blockchain challenges, breaks down legal developments and offers possible resolutions.

Co-editors Mark W. Rasmussen and James A. Cox are lawyers in Jones Day’s Dallas office and part of the firm’s Business and Tort Litigation practice. Rasmussen is a seasoned litigator and investigator with more than a dozen years of experience representing clients in complex commercial litigation, securities litigation, regulatory and internal investigations and bankruptcy litigation. Cox has more than two decades of legal experience and a background in computer science and has successfully advised clients on their most challenging and difficult matters in litigation and arbitration, including complex technology-related disputes, and international disputes.