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regulatory framework for virtual currencies (New York “Bitlicense” Regulation) is “well drafted” and (with some changes) could … modern payment systems and regulation, currency stability issues, and the possible threat to financial order posed by virtual … currencies. Part VII. Explores the future of regulation in this area of law. Implications for further research are then presented …
Persistent link: https://www.econbiz.de/10012970054
We document systematic differences in bitcoin prices across 11 different markets representing 26\% of global bitcoin trade volume. These differences must --- due to the identical nature of all bitcoin--- result from characteristics of markets themselves. We examine differences across the markets...
Persistent link: https://www.econbiz.de/10012972053
Bitcoin is rapidly increasing in use throughout the world. Instrumental to the Bitcoin system, the process for …. The bitcoin mining pool has largely escaped regulation. This paper argues that the mining pool should be regulated under … the existing federal securities regulation regime …
Persistent link: https://www.econbiz.de/10012972175
the aspect of anonymity or the complete lack of regulation. The paper also delves on the widely debated issues of legality …
Persistent link: https://www.econbiz.de/10013005611
-based cryptocurrencies are antithetical to the existing centralized structure of monetary and financial regulation. By shifting the policy … cryptocurrencies at the code or protocol layer, which might not be desirable, even if feasible, the regulation should target the … interdictions of regulation towards the middlemen, and can be enforced by the existing financial market participants and traditional …
Persistent link: https://www.econbiz.de/10012849751
innovative service-platforms. Cryptocurrencies are increasingly scrutinized by regulators, and the literature on the regulation … protocol changes by interfering with the operators' choices. Regulation may induce the development of regulatory …-compliant cryptocurrency protocols, but also protocols specially designed to circumvent regulation …
Persistent link: https://www.econbiz.de/10012922142
Persistent link: https://www.econbiz.de/10012545857
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