CALL FOR PAPERS – FUTURE WEB3 EXPERTS SUMMER SCHOOL OF LAW

Theme

The overarching theme for the 2024 edition is “Current and future regulatory outlooks for the Web3 industry”.

Context

We wish to recognise the value blockchain technology has in our information society. With its novel inherent characteristics, including transparency and resilience of information embedded on-chain, it holds the potential to offer a reliable trust layer for all the information flowing through various technology stacks. From its early beginnings, marked by the creation of Bitcoin, the technology has evolved and now offers the baseline for Decentralised Finances (DeFi), Decentralised Autonomous Organisations (DAOs), and many other social convergences. With the evolution of this technology and the further utilisation of smart contracts and automation, new rules, social arrangements, and regulatory affairs are an ongoing effort. 

Some of the most notable recent crypto events have further catalysed the convergence of simultaneous regulatory responses worldwide, including the regulatory frameworks for stablecoins, crypto-assets, and crypto-asset service providers (CASPs) under, for example, the Markets in Crypto-Asset Regulation (MiCA). These recent events have proven to be the tipping point underscoring the urgent demand for deeper regulatory understanding, protection, and supervision. New reports and consultation papers are being issued, questioning whether legal, economic, and political systems that present the basis for investors’ protection, stability of the monetary union and financial market, and sustainable and innovative economic growth are of continuing relevance or whether the ‘new crypto paradigms’ require a bespoke regulatory regime which shifts to the acknowledgement of novel business models, incentive structures, and overall societal, environmental, technical and economic interdependence through an expansive view of value creation within our society. 

Organiser

The European Crypto Initiative (EUCI) is a Brussels-based advocacy organisation that aims to shape EU regulation to favour open, permissionless, decentralised applications leveraging blockchain technology. EUCI advocates for an innovative EU environment that supports technological development for small and medium enterprises (SMEs) and innovative crypto-asset service providers (CASPs). Central to EUCI’s work is its team of seasoned legal professionals with extensive experience in member state-level policymaking and Web3 projects. This rich background equips EUCI to advocate effectively for a regulatory landscape that fosters innovation, security, and the overarching growth of Europe’s digital economy, setting the stage for the EU to become a global blockchain and Web3 innovation hub.

 Call for Papers

With the first edition of EUCI’s call for papers, under the theme ‘Current and future regulatory outlooks for the Web3 industry’, EUCI aims to give the young legal community in Europe a means of making valuable suggestions for developing the European blockchain and crypto legal framework.

Interested young lawyers are invited to submit their papers by EOD on 9 June 2024.

This year’s overarching theme is ‘Current and future regulatory outlooks for the Web3 industry’, covering the following sub-themes:

  1. What is the role of crypto assets in the broader context of financial regulation?

This sub-theme explores the integration of crypto assets within the existing financial regulatory framework. It aims to inspire discussions on the impact of crypto-assets and related technologies on traditional financial systems and how these assets challenge or complement current financial regulations. The topic invites analysis on balancing innovation in the crypto space with the need for, among other things, investor protection, financial stability, and anti-money laundering measures.

  1. Regulatory Implications for Crypto-Asset Service Providers 

This sub-theme focuses on the legal and regulatory implications for businesses involved in the crypto assets market, such as exchanges, wallet providers, and other service platforms (as defined in the Markets in Crypto-Assets Regulation, MiCA). It addresses, among other things, the need to develop regulatory standards for these service providers to ensure consumer protection, transparency, and accountability while also considering the crypto industry’s rapid evolution and unique aspects.

  1. The role of regulation and standardisation in the EU regulatory space

This sub-theme examines the importance of regulation and standardisation within the European Union’s approach to the Web3 industry. It delves into how the EU can create (or adopt) regulatory frameworks that foster blockchain and Web3 technologies innovation while ensuring compliance with EU principles and standards. Discussions may include the harmonisation of laws across EU member states and the impact of EU regulations on global crypto markets (and vice versa).

  1. Decentralisation – the role of DeFi and DAOs

This sub-theme addresses the burgeoning sector of Decentralised Finance (DeFi) and Decentralised Autonomous Organisations (DAOs), which play a pivotal role in its development. It explores how these models challenge traditional centralised financial and organisational structures and what regulatory responses might be appropriate. The sub-theme invites discussion on the potential risks and benefits of DeFi and DAOs, including, but not limited to, issues related to governance, transparency, and legal accountability.

  1. Privacy On-Chain 

Focusing on privacy concerns related to blockchain technology, this sub-theme aims to provoke analyses of how data privacy is maintained or challenged in on-chain transactions and interactions. It explores the tension between blockchain’s transparent nature and the need for personal data protection and how regulatory frameworks can address these challenges. Topics might include, among others, the implications of GDPR in blockchain contexts and the development of privacy-preserving technologies within the Web3 ecosystem.


Evaluation criteria

The papers will be selected based on importance, novelty, and quality of analysis, with particular attention given to papers likely to have lasting relevance.

Submissions from current law students, legal researchers, PhD candidates and early-career legal professionals are encouraged, although submissions from fields relevant to the topic of the submitted paper, such as political science, statistics and economy, will also be considered. We also welcome submissions from authors outside the above criteria who have previously done relevant research and want to contribute to the above themes through that perspective.  

Submissions from joint authors and teams producing interdisciplinary papers are welcomed, with the requirement that at least one of the authors has a background in legal studies (either as a current law student, PhD researcher or through having obtained a legal degree). 

The papers will be evaluated by leading experts in the field, who will determine the best three papers. The authors will be awarded at a ceremony during EUCI’s Future Web3 Experts Summer School of Law 2024. Participation in the Summer School is not a necessary requirement for being awarded. 

Paper Submission

We hereby invite persons interested to submit a paper on any of the sub-themes indicated above or a closely related theme. The deadline for submitting the papers is June 9th, 2024. Papers should be sent as a Word document as an e-mail attachment to info@eu.ci and must be accompanied by a filled copy of this form. The email should be entitled “EUCI Call for Papers – [Insert Title of Paper]

Final Submission Guidelines

 1) Articles should be at a maximum length of 5000 words. 

2) Articles should include an abstract of approximately 250 words that is not an extract from the article itself. 

3) Details of the author should be supplied as the first footnote, attached by an asterisk to the author’s name. 

4) Articles must be submitted in Word format and sent as an email attachment to info@eu.ci

Deadline for Submission of Paper: June 9th, 2024
If you have questions, don’t hesitate to contact us at info@eu.ci