In this chapter, we started by understanding why, as a decision maker, it is important to take regulatory frameworks into consideration when launching a blockchain project, especially since 2017's hype that aroused public authorities' attention. Legal questions need to be addressed as there is more and more concerns from regulatory bodies towards blockchain. We established legal definitions on blockchain's terminology and neologism in order to fundamentally grasp what cryptoassets, cryptocurrencies, and tokens are in the eyes of the law. We ended this chapter by looking at the different initiatives that have been taken worldwide in terms of legality and accounting.
Now that you have technical, economic, and legal knowledge about blockchain and cryptoassets, in the next chapter, we'll dive into the business world to discover what applications...