This incisive book examines the extent to which existing UK financial service regulations can be applied to digital assets and decentralised financial services provided by distributed networks. Brendan McGurk and Stefan Reichenbach consider the wider legal issues beyond regulatory enforcement, attributable to the use of distributed ledger technology based financial services. Key Features: Comprehensive examination of the nature and application of distributed ledgers in the context of financial services Analyses the proprietary nature of cryptoassets and their amenability to financial services regulation as a form of property Detailed consideration of the extent to which existing financial services law governs cryptoassets and forms of decentralised finance Sector specific analysis of the use of digital assets as securities, within the distributed payment systems, and in supporting lending and insurance services Consideration of the complexities in identifying the appropriate jurisdiction and applicable laws governing crypto disputes In-depth exploration of the remedies and dispute resolution methods available to holders of digital assets Discussing the benefits and risks associated with the application of DLT, this informative book will be fundamental for financial services practitioners, including solicitors, barristers, and in-house counsel, as well as industry specialists operating within the decentralised finance sphere. It will also be beneficial for academics and researchers in finance and banking law, and technology, media, and telecommunications law.