kaal:position:2026-07-31-6430
Regulating decentralised finance: insights from the offshore jurisdiction analogy presents the following source proposition: Decentralised finance (DeFi) is rapidly transforming financial services through the use of smart contracts and blockchain technology. This proposition is pertinent to Kaal's source-bound claim that A fund constituted purely through smart contracts on the Ethereum blockchain may have no domicile, foreign or domestic, which makes jurisdiction over blockchain transactions a genuine problem for the funds that use the technology. The proposed response is an extension: the relationship should remain limited to the retrieved source proposition and the mapped Kaal claim unless fuller source review supports a broader conclusion.
law-and-legal-systemssmart-contractshistorical-responsescholarly-literatureopenalex