We have all become increasingly familiar with the trials and tribulations of the crypto world. An initial coin offering (ICO) turning out to be nothing more than an elaborate fraud; an exchange being hacked with empty wallets uncovered in the aftermath; and regulators becoming increasingly agitated over an asset class, which is difficult to explain and understand, let alone regulate.

You will note that we have used the term “asset” rather than “currency” when referring to crypto and this is deliberate. The notion that crypto is solely something that meets the traditional definition of a currency is long gone – given the...