2026
Furnari S.L., DAO and Tokenized Governance: The Problem of Decentralized Decision-Making, SSRN, data SSRN: n.d.
Pubblicazioni e ricerca - Avv. Salvatore Luciano Furnari
/ Pubblicazioni e Ricerca
2026
Furnari S.L., Trough Equity Crowdfunding Evolution and Involution: Initial Coin Offering and Initial Exchange Offering, preprint SSRN, data: 5 febbraio 2026.
2026
Furnari S.L., Lener R., Company Law during the Blockchain Revolution: The Rise of "CorpTech", SSRN, data: 5 febbraio 2026.
2026
Furnari S.L., Staking Services: Taxonomy, Risks and Regulation, SSRN, data: 29 gennaio 2026.
2024
Furnari S.L., Villani C., Regulation of Financial Protocol DAOs: Addressing the problems of decentralization and AI governance, SSRN, data: 15 novembre 2024.
2026
Furnari, Salvatore Luciano, Decentralization: the Search for a Legal Definition (May 01, 2026). Available at SSRN:
2017
Furnari, Salvatore Luciano, Equity Crowdfounding. Excerpt from: Digesto delle Discipline Privatistiche.
2018
Furnari S.L., Initial Coin Offerings in Italy: Applicability of the Equity Crowdfunding Regime and Its Potential Benefits, Quaderni di Minerva Bancaria, No. 2/2018.
2018
Furnari S.L., Market Analysis, Economics and Success Drivers of Equity Crowdfunding, working paper (excerpt).
2018
Furnari, S.L., Market analysis, Economics and Success drivers of Equity Crowdfunding, 2018.
2020
Furnari, S. L., Lener R., Company Law During the Blockchain Revolution. The Rise of "CorpTech", Open Review of Management, Banking and Finance.
2020
Furnari S.L., De Luca N., Gentile A., Crowdfunding: An Overview of the Phenomenon and the Need for Regulation, Il Crowdfunding, Digesto Commerciale, Turin.
2020
Furnari S.L., Lener R., Crypto-assets: First Reflections on the European Commission's Proposal. Is a New Regulation of "Encrypted" Financial Services Emerging?, Approfondimenti, dirittobancario.it, October 2020.
2021
Furnari S.L., Lener R., Organizational Models Tested by New Technologies: First Reflections on DAOs and the General Principles of Business Law, "Orizzonti del Diritto Commerciale", Rome, 2021.
2026
Furnari S.L., Trough Equity Crowdfunding Evolution and Involution: Initial Coin Offering and Initial Exchange Offering, Lex Russica, vol. 74, n. 1 (170), gennaio 2021, pp. 101–117.
2021
Furnari S.L., Lener R.A., A Contribution to the Legal Qualification of the Public Offering of Utility Tokens, Bocconi Legal Papers, Vol. 13, 2021, pp. 51-104.
2022
Furnari S.L., Lener R., Lorenzotti N., Di Ciommo A., Lener R.A., Italy, in P. Anderson (ed.), The Virtual Currency Regulation Review, 5th Edition, Law Business Research, London, 2022, pp. 174-189.
2022
Furnari S. L., Lener R., First Reflections on Decentralized Autonomous Organizations (DAOs) and the General Principles of Business Law, Rivista di Diritto Privato, No. 3/2022, pp. 335–350.
2022
Furnari S.L., Lener R., First Reflections on Decentralized Organizational Models (DAOs) in Business Law: Autonomy, Decentralization and Company Law Constraints, pp. 1–6.
2024
Furnari S.L. – Lener R., Decentralization of Financial Markets: Technological Innovation and New Regulatory Issues, Rivista Trimestrale di Diritto dell'Economia, pp. 447–466.
2024
Furnari S.L. – Lener R., Blockchain Technology and Fintech: From Traditional Finance to Decentralized Finance (DeFi) and the New Regulatory Challenges, in Annunziata F. (ed.), Fintech, Il Mulino, ch. IV, pp. 71–82.
2024
Furnari S.L., Lener R., Crypto-Assets: A Taxonomy, in Diritto del Fintech, 2nd ed., edited by M. Cian and C. Sandei, Milan, CEDAM (Wolters Kluwer), 2024, pp. 163–176.
2026
Furnari S.L., Villani C., Regulation of Financial Protocol DAOs: Addressing the Problems of Decentralization and AI Governance, Springer Proceedings in Business and Economics, 2026, pp. 115–134.
2025
Furnari S.L., Staking Services: Taxonomy, Risks and Regulation, in Beyond MiCA: An Overview of Developments on Crypto-Assets, edited by M.-T. Paracampo, Turin, Giappichelli, 2025, pp. 71–82.
2025
Furnari S.L., Lener R., Beyond the Corporate Model: DAOs as Infrastructures Rather Than Enterprises. A Company Law Analysis.
2025
Furnari S.L., Lener R., Applicability of the MiCA Regulation to Web Interface of Decentralized Protocols, in Banca Impresa Società, a. XLIV, 2025, n. 2, pp. 227–242.
2019
Furnari S.L., Validity and Characteristics of Smart Contracts and Their Possible Use in the Banking-Financial Sector, in FinTech e TechFin: Diritto, Tecnologia e Finanza, Wolters Kluwer, 2019.
2016
Furnari S.L., Equity-Based Crowdfunding: The Issuer’s Perspective, Master’s Degree Thesis, Department of Law, Academic Year 2015/2016.
2017
Furnari S.L., Market Analysis, Economics and Success Drivers of Equity Crowdfunding, Master’s Degree Thesis, Department of Business and Management, Academic Year 2016/2017.