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Bitcoin: Medium of Exchange or Speculative Asset?

Ioana Raluca Diaconu
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Ioana Raluca Diaconu: Alexandru Ioan Cuza University of Iași

Finante - provocarile viitorului (Finance - Challenges of the Future), 2022, vol. 1, issue 24, 72-82

Abstract: In this article we set out to make an incursion into the specialized literature with the aim of establishing how the term cryptocurrency is defined, presenting approaches from the legislation specific to this field, as well as the direction in which humanity is heading in the process of globalization and modernization. We therefore considered synthesizing the aspects contained in the specialized literature by emphasizing the opportunities and challenges identified by the development of the crypto market. We can highlight that the sphere of cryptocurrencies is not yet sufficiently regulated, the measures and laws adopted regarding them are punctual, but not adapted to the specifics of the technology.

Keywords: cryptocurrency; blockchain; fiscal treatment; regulation; central bank (search for similar items in EconPapers)
JEL-codes: F30 G11 G12 (search for similar items in EconPapers)
Date: 2022
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