Occasional paper on crypto-assets

Banco de Portugal working group on crypto-assets

Working Papers from Banco de Portugal, Economics and Research Department

Abstract: Crypto-assets are digital assets that may depend on cryptography and exist on a distributed ledger or similar technology. In the absence of a common and widely accepted taxonomy, we first try to characterise crypto-assets and differentiate them from goods fulfilling the three essential functions of money: medium of exchange, unit of account and store of value. We then analyse the (lack of) legislation applied to crypto-assets, before concluding with the identification of the associated main risks.

JEL-codes: E42 G21 G23 O33 (search for similar items in EconPapers)
Date: 2020
New Economics Papers: this item is included in nep-mac and nep-pay
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ptu:wpaper:o202004

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