Norton Rose Fulbright’s global blockchain and cryptocurrency team has produced a global legal and regulatory guide to cryptocurrencies.

The guide is issued in a series of chapters, published monthly.

Chapter 5: Taking security over cryptocurrencies

The question of whether it is possible to take security over a cryptocurrency depends on a number of considerations, some legal in nature but others more commercial.

In this chapter we look at what we think are some of the current challenges to taking security over cryptocurrencies and how security might be taken.
We will consider:

  1. What is the value of the security being taken?
  2. Is cryptocurrency capable of being given as security?
  3. Why is the question of ownership important?
  4. Why is regulatory risk an issue?
  5. What kind of security could be created over cryptocurrency?
  6. Why is enforcement of security an important consideration?
  7. The impact of insolvency of the owner of cryptocurrencies.
  8. What is the value of the security being taken?

Other chapters in the series:

If you would like to discuss any aspect of this topic further, please get in touch.



Contact

Sean Murphy
Sean Murphy
Global head of FinTech
Email
sean.murphy@nortonrosefulbright.com
T: +44 (20) 74445039

Industries:

Recent publications

Court building's stone pillars viewed from below

Publication

ECJ confirms public tenders’ restrictions for companies from third countries with no procurement agreement with the EU

EU Member States may allow companies from countries that have not concluded an agreement guaranteeing equal and reciprocal access to public procurement (public procurement agreement) with the EU to participate in public tenders, provided there is no EU act excluding the relevant country.

Global | November 15, 2024

Antitrust and competition
Cricket ball resting on a cricket bat on green grass of cricket pitch

Publication

Has the Budget finally levelled the playing field for UK Islamic finance?

Cricket players will tell you that whether a pitch is easy to bat on is not dictated by how much the balls bounce or turn, but rather, whether they do so consistently.

United Kingdom | November 15, 2024

Islamic finance

Publication

Ireland

On 31 October 2023, the Screening of Third Country Transactions Act 2023 (the “Act”), which establishes a new foreign direct investment ("FDI") screening regime in Ireland, was enacted.

Global | November 13, 2024

Antitrust and competition
Site search

Subscribe and stay up to date with the latest legal news, information and events . . .

Register now