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Regulating Bitcoin – The Challenges Ahead

Ionela-Gabriela Matei () and Erik Wouter Baks ()
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Ionela-Gabriela Matei: Alexandru Ioan Cuza University of Iasi
Erik Wouter Baks: Alexandru Ioan Cuza University of Iasi

Acta Universitatis Danubius. OEconomica, 2019, issue 15(3), 232-241

Abstract: This article provides an overview of several challenges that involve Bitcoin and other cryptocurrencies. After briefly discussing the underlying technology, it discusses challenges related to cryptocurrencies that regulators face at this point in time. This includes issues regarding Initial Coin Offerings and cryptocurrencies in general, as well as cryptocurrencies as an investment instrument. It also includes an analysis of cryptocurrencies compared to the real economy. The article concludes that scholars are not unanimous regarding the regulation of Bitcoin and cryptocurrencies, and that cryptocurrencies, at least up till now, do no follow trends of the real economy.

Keywords: Cryptocurrency; Bitcoin; Initial Coin Offering; Financial Regulation; Financial Policy (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:dug:actaec:y:2019:i:3:p:232-241

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