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Legal Issues of Digital Technology

In: Regulation of Cryptocurrencies and Blockchain Technologies

Author

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  • Rosario Girasa

    (Pace University)

Abstract

The chapter is mainly about the steps governments are taking to assure that the latest technological innovations are not misused by drug dealers and other criminals, persons seeking to avoid the payment of taxes on profits made, as well as by terrorists and governments facing international sanctions. The problems include a lack of understanding by governments about the nature and function of the new technology, how to overcome its near total lack of transparency, the actions of individuals who hack individual websites to gain knowledge of users’ private keys to steal wallets containing virtual currencies, and other endeavors.

Suggested Citation

  • Rosario Girasa, 2018. "Legal Issues of Digital Technology," Palgrave Studies in Financial Services Technology, in: Regulation of Cryptocurrencies and Blockchain Technologies, pages 57-69, Palgrave Macmillan.
    • Handle: RePEc:pal:psincp:978-3-319-78509-7_3
    DOI: 10.1007/978-3-319-78509-7_3
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    Cited by:

    1. Usman W. Chohan, 2021. "Oversight and Regulation of Cryptocurrencies: BitLicense," World Scientific Book Chapters, in: Stéphane Goutte & Khaled Guesmi & Samir Saadi (ed.), Cryptofinance A New Currency for a New Economy, chapter 6, pages 105-120, World Scientific Publishing Co. Pte. Ltd..
    2. Rameez Asif & Syed Raheel Hassan & Gerard Parr, 2023. "Integrating a Blockchain-Based Governance Framework for Responsible AI," Future Internet, MDPI, vol. 15(3), pages 1-21, February.

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