A History of Financial Technology and Regulation
From American Incorporation to Cryptocurrency and Crowdfunding

A History of Financial Technology explores the financial past to explain its present and prepare for the future of investing.

Seth C. Oranburg (Author)

9781316607305, Cambridge University Press

Paperback / softback, published 31 March 2022

250 pages
22.8 x 15.3 x 1.1 cm, 0.328 kg

“Seth Oranburg's A History of Financial Technology offers a broad, lucid, and informative account of financial regulation from its late seventeenth-century origins to the present, which should appeal to beginners and professionals alike. His call for competitive systems of regulations could well improve both consumer protection and market flexibility. It is a super read.” Richard Epstein, James Parker Hall Distinguished Service Professor Emeritus of Law, Senior Lecturer, University of Chicago Law School

Using the lens of history, A History of Financial Technology and Regulation illuminates recent changes to the world of finance. With lucid prose and the help of concrete examples, Seth Oranburg helps readers understand the role of technology in finance today, including complex phenomena such as mutual funds, cryptocurrencies, and the stock market itself. Chapters begin with basic principles and historical analogy before describing complex digital-investment strategies and instruments. Readers will also gain an introduction to key concepts in financial regulation, learning how law and regulations prevented some financial crises while perpetuating others. Oranburg concludes with ideas about what's next for finance and how the law should respond. This book will appeal to specialists and nonspecialists alike who are interesting in learning more about business, economics, finance, law, and regulation.

The First Era: The Wild West: 1. Under a buttonwood tree
2. The golden spike
3. Roar and crash
The Second Era: Electric Light: 4. A new deal
5. Computational asymmetry
6. Silicon valley
The Third Era: Social Media Investing: 7. The dot.com bubble
8. Social media activism
9. Cryptographic theory and decentralized finance
10. Cryptocurrency regulation
11. Crowdfunding.

Subject Areas: Company, commercial & competition law [LNC]