Introduction to the Legal Implications of Cryptocurrencies and Blockchain Course

Tue Apr 10, 09:00 - Tue Apr 10, 14:30

Bandwidth Barn, Woodstock Cape Town

ABOUT

Are you interested to know about the legal implications of cryptocurrencies and blockchain technology?
Are you interested to know what compliance and regulation Initial Coin Offerings (ICOs) need to adhere to?
Are you wondering about privacy issues on the blockchain?
Are you wondering how regulation will keep up with the blockchain disruption?

Enrol for this course and learn about these topics from Nerushka Bowan, an emerging tech law specialist & LegalTech innovator. 

 
This course is aimed at both legal and non-legal individuals at a beginner level and introduces the attendees to a wide range of potential legal issues when dealing with bitcoin, cryptocurrencies and blockchain technology. The course analyses existing trends and approaches by governments and industry across jurisdictions, as well as analyses future use cases, potential legal issues and risks.

Legal issues discussed range from liability, privacy, data security, contracts, consumer protection, financial regulation and tax. Other topics covered include regulating for disruption, ethereum, smart contracts, sandboxes, blockchain consortiums and Initial Coin Offerings (ICOs). The course aims to equip attendees to be able to ask the right legal and regulatory questions and identify the relevant risks when dealing with these emerging technologies.

Module 1: How Does Regulation Keep Up with Technology and Innovation? 
An introduction to the disruptive world we live in, with global examples of how difficult it has been across industries to regulate the fast pace of technology and innovation. The discussion will provide a general context on the impracticality involved when comparing the slow pace of regulation to the fast pace of technology, and how to overcome these impracticalities and the concept of exponential growth of emerging technologies, such as bitcoin and blockchain.

Module 2: Bitcoin
These modules cover various legal issues from is bitcoin money, to the legal nature of bitcoin and how it has been addressed in various jurisdictions (commodity, security etc).

The module will include possible applications, such as payment applications and related regulatory issues as well as the position of bitcoin exchanges. A high-level discussion on the liability of, for example, the now defunct bitcoin exchange, Mt. Gox, will be discussed as well as insurance and consumer protection, security and privacy issues. A quick overview of bitcoins hard fork will also be included.

Module 3: Cryptocurrencies and Altcoins
This module will provide examples of altcoins and an overview of the different approaches taken by governments towards cryptocurrencies, as well as the legal nature and issues surrounding use of cryptocurrencies. Legal issues discussed range from liability, privacy, data security, contracts, consumer protection, financial regulation and tax. The module will include comparisons to bitcoin to provide context as well as jurisdictions who are embarking on government cryptocurrencies and other similar initiatives.

Module 4: Ethereum and Smart Contracts
This module will introduce Ethereum and the concept of smart contracts. The module will include the legal nature of various e-contract concepts with examples. An overview of global approaches to smart contracting, especially on issues like electronic contracts and automated performance will be provided. Issues such as liability and consumer protection will be discussed as well as highlighting potential risks.

Module 5: Blockchain Applications
This module will cover a variety of examples that blockchain and Distributed Ledger Technology (DLT) could potentially be used for. The discussion will include examples of the potential legal issues and risks. The module will also look at different jurisdictions' approach to innovations in this space, such as central banks setting up sandboxes in order to monitor development of these new technologies in order to understand them better and understand the regulatory framework. Various global consortiums and the projects they are involved in will also be discussed.

Module 6: Initial Coin Offerings (ICOs)
This module will take a closer look at Initial Coin Offerings, how they work and why countries are banning them. What are the potential risks of participating in an ICO?

Module 7: Where to Next?
In conclusion, the instructor will explore questions that are still unanswered that cause uncertainty for those wanting to participate in this space. What is required from regulators to fill the grey areas and the gaps? And how do you innovate without potentially falling into the regulatory grey areas and potential risks?

Each student will receive a Certificate of Completion at the end of the course.
Please note: The course content is subject to change slightly.
 
Terms and Conditions:
No refunds or postponements are given to attendees who do not attend the course.
The Blockchain Academy will not be held liable for any damage to property, or for lost or stolen items.
The Blockchain Academy reserves the right to cancel classes at any time prior to their commencement. If a class is cancelled, attendees will be advised by sms and email no later than two days prior to its scheduled commencement date and a full refund given back to you.
If you wish to cancel the training, you must provide us with written notification.
NO REFUNDS or transfers will be granted less than 10 days before class commencement if enrolment has been confirmed.