A Note from the Editors-in-Chief

[...]existing debt instruments and non-debt contracts that currently reference an IBOR need to be altered to transition to a new reference rate. In the article, the authors also provide an update on recent tax and regulatory developments, examine several common issues faced by investment vehicles that primarily invest in bitcoin futures, review several recent public offerings involving such investment vehicles, discuss the use of DAOs as pooled investment vehicles and the tax implications of this strategy, and close by discussing the regulatory limitations on the structure of cryptocurrency investment vehicles and ways in which the current regulatory landscape could be improved. [...]they provide several considerations for special classes of investors, such as foreign and U.S. tax-exempt investors.