Research and News
News & Announcements
A Turning Point for Digital Asset Regulation
On Wednesday, March 9, 2022, President Biden's Executive Order on Ensuring Responsible Development of Digital Assets was released. Wharton BDAP Director Kevin Werbach wrote an opinion piece which was published in The Regulatory Review.
The Global Challenge of Digital Asset Regulation
Wharton BDAP's director Kevin Werbach and research fellow Bianca Kremer published an article in the Competition Policy International TechREG Chronicle, February 2022 issue. Abstract: Digital assets add complexity to an already complex global financial system....
WEF and Wharton launch DAO Series
Last year, the Wharton Blockchain and Digital Asset Project collaborated with the World Economic Forum to release the Decentralized Finance (DeFi) Policy-Maker Toolkit. We are excited to announce a new collaboration with the Forum's Crypto Impact and Sustainability...
Werbach testifies before Senate Committee
On Wednesday, February 9, 2022, the United States Senate Committee on Agriculture, Nutrition, & Forestry invited witnesses to a hearing on Examining Digital Assets: Risks, Regulation, and Innovation organized in two panels. During the first panel, the Honorable...
Back to the Future
New Wharton BDAP report "Back to the Future - The Sixth Reg@Tech Roundtable on Digital Assets" has been released. Reg@Tech is a biannual series on the regulation of digital assets from a multi-jurisdictional perspective. Reg@Tech 6 was held via Zoom on October 14-15,...
Werbach testifies before Joint Economic Committee
Wharton Professor and BDAP Director Kevin Werbach testified in a hearing on the topic of Demystifying Crypto: Digital Assets and the Role of Government before the U. S. Congress Joint Economic Committee held on Wednesday, November 17, 2021. Other witnesses included...
DeFi Policy-Maker Toolkit released
In collaboration with the Wharton Blockchain and Digital Asset Project, the World Economic Forum released the Decentralized Finance (DeFi) Policy-Maker Toolkit. Working groups made up of DeFi entrepreneurs, academics, legal practitioners, and experts in regulation...
Publications
Regulatory Considerations for Token Offerings (Wharton BDAP Reports, Jun. 2018)
This report is based on the Reg@Tech Workshop on Cryptocurrencies and Token Offerings held at the Wharton School in Spring 2018. The meeting brought together over 40 regulators, legal advisors, token issuers, service providers, academics, and other experts from around...
Werbach, Contracts Ex Machina (with Nicolas Cornell, 67 Duke Law Journal 313, 2017)
Abstract Smart contracts are self-executing digital transactions using decentralized cryptographic mechanisms for enforcement. They were theorized more than twenty years ago, but the recent development of Bitcoin and blockchain technologies has rekindled excitement...