"Goode on Payment Obligations in Commercial and Financial Transactions was the first book to focus on the underlying principles governing payment. It combines a deep conceptual analysis of all these issues with a lucid explanation of the workings of the bank payment system, both domestic and international. This new edition not only completely updates the work but also provides a detailed treatment of the legal aspects of virtual currencies such as Bitcoin and the impact of anti-money laundering and anti-bribery legislation"--Back cover.