States’ Regulation of Virtual Currencies

Rosario Girasa
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Rosario Girasa: Pace University

A chapter in Regulation of Cryptocurrencies and Blockchain Technologies, 2018, pp 115-137 from Palgrave Macmillan

Abstract: Abstract We proceed with a review of all of the states and their endeavors to deal with the latest innovative technologies. We note that states have many varying views concerning whether to regulate, the websites to warn inhabitants of the risks of virtual currency investments, whether to tax transactions, or even welcome their advent viewing the innovations as a further major step towards an increase in safety, lower costs, and other advantages. Some states license virtual currency businesses, others are content to simply warn of their risks, while other states appear to almost ignore the developments.

Keywords: Virtual Currency; Money Transmission; State Bank Supervisors; Bitcoin; Cryptocurrencies (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psincp:978-3-319-78509-7_5

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DOI: 10.1007/978-3-319-78509-7_5

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