Distributed Ledger Technology and Digital Assets: Policy and Regulatory Challenges in Asia

Abstract

This report offers an analytical framework to help policymakers assess the challenges and opportunities of distributed ledger technology (DLT), which underpins blockchain and applications such as cryptoassets and initial coin offerings. The report examines the evolution and different types of the emergent technology, its existing and projected applications, and the regulatory and policy issues entailed. It highlights the risks and potential benefits of using DLT, especially for Asian markets, and sets out a functional and proportional approach to these issues.