COMPARATIVE REVIEW OF REGULATORY FRAMEWORK OF VIRTUAL CURRENCY (CRYPTOCURRENCY) IN SELECTED COUNTRIES

• Authors: Marcin Kasprzyk

Title variants

PL

COMPARATIVE REVIEW OF REGULATORY FRAMEWORK OF VIRTUAL CURRENCY (CRYPTOCURRENCY) IN SELECTED COUNTRIES

• Languages of publication: EN

Abstracts

PL

In the era of rapid technological progress, the legislators of individual countries face the challenge of submitting new technological phenomena to the legal framework. The business operation in the field of virtual currencies (cryptocurrencies),widely, in the financial technology sector (hereinafter referred to in as “fintech”), create a chance to attract investors and develop the economy. On the other hand, the same might be misused for illegal purposes, such as, in particular,money laundering or financing of terrorism. This study provides for an overview of the legal regulations of selected states in the field of virtual currencies (cryptocurrencies). Although, presented laws and regulations herein are in favour of thecryptocurrencies, the scope of implemented acts varies significantly.

Keywords

EN

virtual currency; cryptocurrency; distributed ledger technology; regulatory framework

• Publisher: Katolicki Uniwersytet Lubelski Jana Pawła II
• Journal: Review of European and Comparative Law
• Year: 2018
• Volume: 35
• Issue: 4
• Pages: 7-26

Dates

published

2018-12-31

Contributors

author

Marcin Kasprzyk

Identifiers

DOI

10.31743/recl.4807