The domains of securities law, tax law, legal recognition of data stored on blockchain networks, data privacy laws, and the related improvement of legal and regulatory environments, are discussed due to the proximity of these issues with the previously discussed case studies. Various securities and exchange agencies globally have issued statements on their view on blockchain-based token registries (SEC, 2017, Russell, 2017). Yet, the actions are not aligned and treated heterogeneously across different economies. For example, some countries such as China have banned ICOs, whereas they are allowed in countries like Canada, Germany or Israel (Reese, 2018). This is especially relevant for applications in which tokens or coins are issued.