The International Securities Services Association (ISSA) Working Group for ‘Distributed Ledger Technology’ (DLT) published “Crypto Assets: Moving from Theory to Practice – Revision 2022”. The paper explores the changes, since 2019, in issuance, settlement, safekeeping and asset servicing of crypto assets from a practical point of view.
It incorporates new sections on Reference Data, Withholding Tax, Insurance, and Cyber & Network Management, which were not covered in the original version. It also highlights the legal and regulatory implications of developing services and platforms for the issuance and trading of crypto assets.