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Considerations On The Legal Regime Of Crypto-Assets And Service Providers In The Crypto-Assets Market. Elements Of Comparative Law

Author

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  • Alina, Popescu

    (“Constantin Brancoveanu” University of Pitesti,)

Abstract

The crypto-asset market is considered a volatile market, subject to security, legality and tax risks, and customers must be aware of these risks before investing in such a market. At the same time, the market of cryptoassets is not regulated, therefore it does not provide protection to participants. The great volatility of the market translates into sudden changes in the prices of these assets, under the influence of external factors (such as the expression of opinions of influential persons, the involvement of market companies in legal or fiscal issues, etc.) The issue of regulating the legal status of crypto-assets is being raised more and more often, precisely to reduce the associated risks, and there are approaches for and against this Regulation; a question arises regarding how much the market needs to be regulated, so that regulation is not excessive. The study aims to analyse the current legal status of the crypto-assets market and its prospects, internationally.

Suggested Citation

  • Alina, Popescu, 2023. "Considerations On The Legal Regime Of Crypto-Assets And Service Providers In The Crypto-Assets Market. Elements Of Comparative Law," Management Strategies Journal, Constantin Brancoveanu University, vol. 60(2), pages 196-203.
    • Handle: RePEc:brc:journl:v:60:y:2023:i:2:p:196-203
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    More about this item

    Keywords

    crypto-assets; unregulated markets; providers of exchange services between virtual currencies and fiat currencies;
    All these keywords.

    JEL classification:

    • K10 - Law and Economics - - Basic Areas of Law - - - General (Constitutional Law)

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