| Course Name | Legal Aspects of FinTech, Digital Assets & Metaverse |
| Code | Semester | Theory (hour/week) | Application/Lab (hour/week) | Local Credits | ECTS |
|---|---|---|---|---|---|
| LAW 323 | Fall/Spring | 3 | 0 | 3 | 6 |
| Prerequisites | None | |||||
| Course Language | English | |||||
| Course Type | Elective | |||||
| Course Level | First Cycle | |||||
| Mode of Delivery | - | |||||
| Teaching Methods and Techniques of the Course | DiscussionCase StudyQ&ALecture / Presentation | |||||
| Course Coordinator | ||||||
| Course Lecturer(s) | ||||||
| Assistant(s) | ||||||
| Course Objectives | The purposes of this course are to provide an understanding of the concept of Financial Technologies,examine current application examples and the main and secondary legal issues concerning FinTech. Study the legal resources related to this sector andategorize digital assets. The course also aims to study the legal sources related to the sector and to categorize digital assets. |
| Learning Outcomes | The students who succeeded in this course;
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| Course Description | The content of this course is Fintech; Legislation, jurisprudence, regulatory agency decisions, doctrine and literature on Turkey, USA, EU, UK and Japan, especially on metaverse and digital assets.The course also covers the advantages of disruptive technologies and topics related to Blockchain projects. |
| Related Sustainable Development Goals | |
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| Core Courses | |
| Major Area Courses | ||
| Supportive Courses | ||
| Media and Managment Skills Courses | ||
| Transferable Skill Courses |
| Week | Subjects | Required Materials |
| 1 | Financial Services, Financial Institutions And Regulation | Rüya Eser, “Finansal Piyasalarda Düzenleme Ve Sermaye Piyasasında Düzenleyici Kurumlar” https://www.spk.gov.tr/SiteApps/Yayin/YayinGoster/949 |
| 2 | Financial Technologies, Application Examples And Related Legislation | Burçak Ünsal, “Finans Teknolojileri Ve Covid – 19 Pandemisi, Covid-19 Pandemisinde Dijital Dönüşüm ve Hukuk, https://www.istanbulbarosu.org.tr/files/docs/Covid-19Pandemisinde_Dijital_DonusumveHukuk_OzelRaporu.pdf, s.79-108. Burçak Ünsal, “Finans Teknolojileri Hukuku Alanında Avukatlık”, https://www.youtube.com/watch?v=5k35HxRreWQ |
| 3 | Electronic Money, Electronic Money Issuance Legislation, The Role Of Regulatory Institutions | Abdüssamed Kahraman, Türk ve Avrupa Birliği Düzenlemeleri Işığında Elektronik Para, (Ankara: Adalet Yayınevi, 2020), Chp. 2, p.35-67; Ödeme ve Menkul Kıymet Mutabakat Sistemleri, Ödeme Hizmetleri ve Elektronik Para Kuruluşları Hakkında Kanuna İlişkin Düzenlemeler, https://www.bddk.org.tr/Mevzuat/Liste/53 |
| 4 | Mobile Payment Systems, Relevant Legislation And Role Of Regulatory Institutions | Enver Sedat Gültekin, Birer Fintech Oluşumu Olarak Türkiye'de Ödeme Sistemleri ile Ödeme ve Elektronik Para Kuruluşları ve Bir Denetim Modeli Önerisi, (Ankara: Yetkin Yayınları, 2021), Chp. 2, p.86-106; Ödeme ve Menkul Kıymet Mutabakat Sistemleri, Ödeme Hizmetleri ve Elektronik Para Kuruluşları Hakkında Kanuna İlişkin Düzenlemeler, https://www.bddk.org.tr/Mevzuat/Liste/53 |
| 5 | Banks, Bank Service Providers | 6493 Sayılı Ödeme ve Menkul Kıymet Mutabakat Sistemleri, Ödeme Hizmetleri ve Elektronik Para Kuruluşları Hakkında Kanun /https://masak.hmb.gov.tr/odeme-ve-elektronik-para-kuruluslari-3/ |
| 6 | Digital Assets | Mete Tevetoğlu, Hukuki Yönleriyle Kripto Varlıklar ve Kripto Varlıkların İlk Arzı, (Ankara: Aristo Yayınevi, 2021); Chp 1 p. 100-153; Burçak Ünsal, “Libra Nedir? Nasıl Kullanılır?” https://www.dunya.com/kose-yazisi/libra-nedir-nasil-kullanilir-guvenilir-mi/449164; Burçak Ünsal, “Düzenlemeler ve Mahkeme Kararları Işığında Dijital Kıymetlerin Analizi”, https://www.youtube.com/watch?v=XP2Ev45o9lY |
| 7 | Ico, Sto, Uto And Regulation | Burçak Ünsal,“ICO, STO, UTO Nedir? Düzenlemeler, Dijital Kıymetler Kategosizasyonu ve Lisanslanması”, https://www.youtube.com/watch?v=2ETuBeVWRLo&t=33s; Burçak Ünsal, “Kriptolarda Vergilendirme, MASAK Kripto Rehberi”, https://www.youtube.com/watch?v=V1-YHXlRi64 |
| 8 | Midterm | |
| 9 | Nft And Legal Issues? | Fatih Bilgili/Fatih Cengil, Blockchain ve Kripto Para Hukuku, Bursa: Dora Yayıncılık, 2022, Chp. 14., p. 350-403; Burçak Ünsal,: “NFT Nedir? Hukuki Sorulara Yalın Yanıtlar”, https://unsallaw.com/tr/nft-nedir-hukuki-sorulara-yalin-yanitlar/ |
| 10 | Legal Issues Of Decentralization Finance? | Burçak Ünsal/Mert Yaşar, “DeFi’ın (Merkeziyetsiz Finans) riskleri, fırsatları ve SEC düzenlemesinden beklentiler”, https://digitalage.com.tr/defiin-merkeziyetsiz-finans-riskleri-firsatlari-ve-sec-duzenlemesinden-beklentiler/ |
| 11 | Blockchain Technology | Burçak Ünsal, “Blockchain Teknolojisinin GDPR Çerçevesinde Değerlendirilmesi” Güncel Gelişmeler Işığında Kişisel Verilerin Korunması Hukuku, Marmara Hukuk Bilimsel Toplantılar Serisi-I (19 Nisan 2019- Haydarpaşa), Leyla Keser Berber/Ali Cem Bilgili (Der.), (İstanbul: On İki Levha, 2020), p. 75-83. |
| 12 | Legal Issues Of Blockchain, And Data Management? | Burçak Ünsal, “Blockchain Teknolojisinin GDPR Çerçevesinde Değerlendirilmesi” Güncel Gelişmeler Işığında Kişisel Verilerin Korunması Hukuku, Marmara Hukuk Bilimsel Toplantılar Serisi-I (19 Nisan 2019- Haydarpaşa), Leyla Keser Berber/Ali Cem Bilgili (Der.), (İstanbul: On İki Levha, 2020), p. 75-83. |
| 13 | Metaverse Technology | The metaverse: three legal issues we need to address https://theconversation.com/the-metaverse-three-legal-issues-we-need-to-address-175891 |
| 14 | Legal Issues Of Metaverse | The metaverse: three legal issues we need to address https://theconversation.com/the-metaverse-three-legal-issues-we-need-to-address-175891 |
| 15 | Semester Review | |
| 16 | Final Exam |
| Course Notes/Textbooks |
| |
| Suggested Readings/Materials | Burçak Ünsal, https://www.mondaq.com/turkey/technology/1028446/virtual-currencies-comparative-guide; Rüya Eser, “Finansal Piyasalarda Düzenleme Ve Sermaye Piyasasında Düzenleyici Kurumlar”, https://www.spk.gov.tr/SiteApps/Yayin/YayinGoster/949; Yapay Zekâ Çalışma Grubu, COVID-19 PANDEMİSİNDE DİJİTAL DÖNÜŞÜM ve HUKUK, Özel Rapor, Mart 2021, https://www.istanbulbarosu.org.tr/files/docs/Covid-19Pandemisinde_Dijital_DonusumveHukuk_OzelRaporu.pdf |
| Semester Activities | Number | Weighting |
| Participation | ||
| Laboratory / Application | ||
| Field Work | ||
| Quizzes / Studio Critiques | ||
| Portfolio | ||
| Homework / Assignments | ||
| Presentation / Jury | ||
| Project | ||
| Seminar / Workshop | ||
| Oral Exam | ||
| Midterm | 1 | 40 |
| Final Exam | 1 | 60 |
| Total |
| Weighting of Semester Activities on the Final Grade | 1 | 40 |
| Weighting of End-of-Semester Activities on the Final Grade | 1 | 60 |
| Total |
| Semester Activities | Number | Duration (Hours) | Workload |
|---|---|---|---|
| Course Hours (Including exam week: 16 x total hours) | 16 | 3 | 48 |
| Laboratory / Application Hours (Including exam week: 16 x total hours) | 16 | ||
| Study Hours Out of Class | 14 | 3 | 42 |
| Field Work | |||
| Quizzes / Studio Critiques | |||
| Portfolio | |||
| Homework / Assignments | |||
| Presentation / Jury | |||
| Project | |||
| Seminar / Workshop | |||
| Oral Exam | |||
| Midterms | 1 | 45 | |
| Final Exams | 1 | 45 | |
| Total | 180 |
| # | Program Competencies/Outcomes | * Contribution Level | ||||
1 | 2 | 3 | 4 | 5 | ||
| 1 | To be able to possess the knowledge in legal terminology, concepts and principles. | |||||
| 2 | Solves the legal problems with an analytic and integral point of view. | |||||
| 3 | Evaluates the legal knowledge and abilities obtained with a critical approach. | X | ||||
| 4 | Evaluates the developments in legal theory and practice by monitoring local, international and interdisciplinary dimensions. | |||||
| 5 | Is conscious of social, professional and scientific principles of ethic behaviour. | X | ||||
| 6 | Takes responsibility in solving problems by creative and innovative thinking. | |||||
| 7 | Interprets the sources of law by ways of legal methodology. | |||||
| 8 | To be able to interpret the legal norms with a sense of justice respectful to human rights and in the light of principles of democratic, secular and social state of law. | |||||
| 9 | To be able to use the daily scientific sources and court judgments in the framework of life time learning approach. | X | ||||
| 10 | Informs the related persons and institutions about legal matters both verbally and in written. | |||||
| 11 | Monitors the daily legal information/court decisions and interacts with the colleagues in a foreign language (“European Language Portfolio Global Scale” Level B1). | |||||
| 12 | Uses the information and communication technology together with the computer programs in a level required by the area of law (“European Computer Driving Licence, Advanced Level”). | X | ||||
*1 Lowest, 2 Low, 3 Average, 4 High, 5 Highest
