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Cryptocurrencies’ Puzzle

Author

Listed:
  • CORNELIA POP

    (Faculty of Business, Babes-Bolyai University, Cluj-Napoca, Romania)

  • INGRID-EMANUELA COLONESCU

    (Master graduate, Faculty of Business, Babes-Bolyai University, Cluj-Napoca, Romania and Financial Analyst at Endava, Romania)

Abstract

The present paper tries to bring a certain degree of clarity to the cryptocurrencies puzzle by discussing the existing definitions and some classifications identified by academic studies. Further, it investigate, based on various academic studies, the uses of cryptocurrencies and their potential role as alternative money. The regulations regarding the cryptocurrencies are also considered since the spreading of the cryptocurrency phenomenon and the risks associated with the use of cryptocurrencies in various capacities raise problems related to (small) investor protection and anti-money laundering.

Suggested Citation

  • Cornelia Pop & Ingrid-Emanuela Colonescu, 2021. "Cryptocurrencies’ Puzzle," JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, Babes-Bolyai University, Faculty of Business.
    • Handle: RePEc:bbn:journl:2021_2_6_pop
    as

    Download full text from publisher

    File URL: https://tbs.ubbcluj.ro/RePEc/bbn/journl/Negotia_2_2021.pdf
    File Function: Revised version, 2021
    Download Restriction: no
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    References listed on IDEAS

    as
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    6. Angela Redish & Warren E. Weber, 2011. "A model of commodity money with minting and melting," Staff Report 460, Federal Reserve Bank of Minneapolis.
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    9. Brian D Feinstein & Kevin Werbach, 2021. "The Impact of Cryptocurrency Regulation on Trading Markets," Journal of Financial Regulation, Oxford University Press, vol. 7(1), pages 48-99.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    cryptocurrencies; medium of exchange; assets; regulations;
    All these keywords.

    JEL classification:

    • E49 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Other
    • E59 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Other

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