Crypto and the Courts: A Global Case Law Analysis

The exciting, nascent world of web3, built on blockchain technology and decentralization, faces a crucial question: what should be its governance framework? While it has immense  potential for innovation and thus brings in the element of disruption, policy makers are still struggling to come to terms with it.

Today, we’re thrilled to announce the release of a first-of-its-kind report which enumerates the legal jurisprudence being shaped by global courts. We believe it’s an essential resource for anyone interested in the future of web3, from policymakers, lawyers and industry leaders to curious individuals.

What Makes this Report Unique?

• Comprehensive analysis: We delve into key case laws shaping the discourse around web3, categorized under three key themes:
  • Crypto assets and property rights: How ownership and rights surrounding digital assets are being defined.
  • Governance of web3 service providers: Examining the legal boundaries and responsibilities of platforms and developers involved in web3.
  • The nature of decentralization: Exploring the implications of decentralized networks for regulatory approaches.
• Actionable insights: A few concrete learnings that emerge are:
  • Moving beyond one-size-fits-all classifications: Recognizing the diverse nature of virtual assets, identifying the challenges for them and tailoring governance frameworks accordingly.
  • Leveraging existing frameworks: Building on proven models like prudential and corporate governance principles to establish global standards for web3.
  • Inclusive regulations: Emphasizing participation and collaboration with the industry to foster innovation while ensuring responsible development.

This report is just the beginning of a crucial conversation. By understanding the legal landscape, we can chart a course that promotes innovation, protects users, and fosters responsible growth for web3 in India and beyond.

We thank our partners Koan Advisory Group for collaborating in these discussions and bringing out this seminal report which would be the first port of call for interested researchers.

Ready to join the discussion?

Download the Full Report