Cryptocurrency – Nascent Regulation and Challenges for Romania

Bogdan Radu ()
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Bogdan Radu: Dimitrie Cantemir Christian University, Bucharest, Romania

RAIS Conference Proceedings 2022-2024 from Research Association for Interdisciplinary Studies

Abstract: This article aims at presenting the strengths and weaknesses of the Romanian legislation towards cryptocurrencies. While starting from legal acceptances of cryptocurrencies from the US and EU, the article moves on to an analysis of Romanian legislation that treats cryptocurrency fiscally and criminally. Concluding, legislators around the world are falling behind regulation the mysterious new digital age of finance and cryptography-and-distributed-ledger-based assets. Also, one can remark that non-fungible tokens and cryptocurrency are the basis of a more complex and prominent legal construct that is smart contract.

Keywords: Cryptocurrency; fintech; non-fungible tokens; digital ledger; blockchain (search for similar items in EconPapers)
Pages: 5 pages
Date: 2022-03
New Economics Papers: this item is included in nep-law and nep-pay
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Published in Proceedings of the 26th International RAIS Conference on Social Sciences and Humanities, February 27-28, 2022, pages 16-20

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Persistent link: https://EconPapers.repec.org/RePEc:smo:raiswp:0157

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