Charitable trusts and cryptoassets: opportunity, or the asset of discord?

Brown, Lloyd

doi:10.1093/tandt/ttad033

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Charitable trusts and cryptoassets: opportunity, or the asset of discord?

Lloyd Brown

Trusts & Trustees, Volume: 29, Issue: 7, Pages: 633 - 642

Swansea University Author: Lloyd Brown

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DOI (Published version): 10.1093/tandt/ttad033

Abstract

In written evidence submitted to Parliament in 2022, the Charity Commission for England and Wales outlined three types of “cryptoasset-related risk exposure” that can directly affect charitable trusts. These include: (i) fundraising donations; (ii) moving funds internationally; and (iii) investment....

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Published in:	Trusts & Trustees
ISSN:	1363-1780 1752-2110
Published:	Oxford University Press (OUP) 2023
Online Access:	Check full text
URI:	https://cronfa.swan.ac.uk/Record/cronfa63464

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spelling	2025-06-09T12:35:03.7111949 v2 63464 2023-05-16 Charitable trusts and cryptoassets: opportunity, or the asset of discord? 786add39c141818cbb959ce7277bbd69 Lloyd Brown Lloyd Brown true false 2023-05-16 HRCL In written evidence submitted to Parliament in 2022, the Charity Commission for England and Wales outlined three types of “cryptoasset-related risk exposure” that can directly affect charitable trusts. These include: (i) fundraising donations; (ii) moving funds internationally; and (iii) investment. This article’s purpose is to demonstrate that, out of these forms of risk exposure, “investment” is currently the greatest issue for charities. Charity trustees possess a broad investment power and may be tempted to invest in crypto to financially benefit their funds. However, extreme caution should be heeded before investing in cryptoassets, given their complexity and volatility. Journal Article Trusts & Trustees 29 7 633 642 Oxford University Press (OUP) 1363-1780 1752-2110 21 9 2023 2023-09-21 10.1093/tandt/ttad033 COLLEGE NANME Hillary Rodham Clinton Law School COLLEGE CODE HRCL Swansea University Other 2025-06-09T12:35:03.7111949 2023-05-16T10:39:44.5189729 Faculty of Humanities and Social Sciences Hilary Rodham Clinton School of Law Lloyd Brown 1 63464__34424__a918663c57464ec5aaaf3bc1707be6ad.pdf 63464.VoR.pdf 2025-06-09T12:24:46.3752078 Output 117468 application/pdf Version of Record true Copyright: The Author(s) (2024). This is an Open Access article distributed under the terms of the Creative Commons Attribution License. true eng https://creativecommons.org/licenses/by/4.0/),
title	Charitable trusts and cryptoassets: opportunity, or the asset of discord?
spellingShingle	Charitable trusts and cryptoassets: opportunity, or the asset of discord? Lloyd Brown
title_short	Charitable trusts and cryptoassets: opportunity, or the asset of discord?
title_full	Charitable trusts and cryptoassets: opportunity, or the asset of discord?
title_fullStr	Charitable trusts and cryptoassets: opportunity, or the asset of discord?
title_full_unstemmed	Charitable trusts and cryptoassets: opportunity, or the asset of discord?
title_sort	Charitable trusts and cryptoassets: opportunity, or the asset of discord?
author_id_str_mv	786add39c141818cbb959ce7277bbd69
author_id_fullname_str_mv	786add39c141818cbb959ce7277bbd69_***_Lloyd Brown
author	Lloyd Brown
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container_title	Trusts & Trustees
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publisher	Oxford University Press (OUP)
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description	In written evidence submitted to Parliament in 2022, the Charity Commission for England and Wales outlined three types of “cryptoasset-related risk exposure” that can directly affect charitable trusts. These include: (i) fundraising donations; (ii) moving funds internationally; and (iii) investment. This article’s purpose is to demonstrate that, out of these forms of risk exposure, “investment” is currently the greatest issue for charities. Charity trustees possess a broad investment power and may be tempted to invest in crypto to financially benefit their funds. However, extreme caution should be heeded before investing in cryptoassets, given their complexity and volatility.
published_date	2023-09-21T13:38:32Z
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Charitable trusts and cryptoassets: opportunity, or the asset of discord?

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