Kingsley UdofaKingsley Udofa

Regulating Virtual Currencies: Rethinking Financial Regulation in a World of Cryptocurrencies

Email: KDUdofa1@sheffield.ac.uk

Supervisors: Dr. James Cullen, Dr. Andreas Ruhmkorf and Prof. Andrew Johnston

Biography

LLB (Hons), University of Los (2011)
Barrister and Solicitor of the Supreme Court of Nigeria (2012)
LLM International Commercial Law and Practice (2015).

Prior to beginning his postgraduate masters degree In 2014, Kingsley worked as a Criminal Prosecutor at the Justice Ministry of the Kogi State Government of Nigeria. He subsequently worked as an Associate at N. V. Denden & Associates, a Law Firm specialised in commercial and business legal practice.

Kingsley has a keen interest in the interface between ICT and commercial law. He has previously appraised the legal frameworks for ICT and electronic money (e-money) in Nigeria and the UK, respectively. Kingsley was awarded with a merit scholarship by the Niger-Delta Development Commission (NDDC), a Nigerian governmental agency whose mission is to facilitate rapid, even and sustainable development of the oil-rich Niger-Delta region of Nigeria.

Scope of Research

Kingsley’s current research assesses the efficacy of current regulatory frameworks in providing appropriate governance structures for cryptocurrency. By analysing global perspectives on cryptocurrencies and identifying its potential impact on financial governance, Kingsley’s research will potentially identify policy recommendations for the regulation of cryptocurrency in England and Wales.

Research Centre

Sheffield Institute of Corporate and Commercial Law (SICCL)
African Postgraduate Research Group (AAPORG)

Research Interests

Banking and Investment Regulation, Blockchain Technology, Commercial Contracts, Cryptocurrencies, Electronic Commerce
Financial Services Regulation, Monetary Policy, African Economic Development, Nigerian Legal System.

Teaching Responsibilities

Law and Finance for Engineers (2016-17:2017-18)
Contemporary Issues in Law and Justice (2016-17:2017-18)
The Law of Obligations (2017-18)
ICT and the Law at DLL (2016-17:2017-18)

Conference Papers

Udofa, K. (2016) ‘Cryptocurrency: A new world order in payments?’, Postgraduate Research Conference, 18th May 2016, Sheffield: School of Law, University of Sheffield.

Awards

Niger-Delta Development Commission (NDDC) Overseas Postgraduate Scholarship (Doctoral Scholarship)

Other Roles

Member of the organising committee for School of Law PGR Conference (May 2017).
Communications Officer of the African Postgraduate Research Group (AAPORG) 2017-18.
Member of the organising committee for AAPORG’s ‘Africa in the Era of Sustainable Development Goals' Conference (June 2017)