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States’ Regulation of Virtual Currencies

In: Regulation of Cryptocurrencies and Blockchain Technologies

Author

Listed:
  • Rosario Girasa

    (Pace University)

Abstract

We proceed with a review of all of the states and their endeavors to deal with the latest innovative technologies. We note that states have many varying views concerning whether to regulate, the websites to warn inhabitants of the risks of virtual currency investments, whether to tax transactions, or even welcome their advent viewing the innovations as a further major step towards an increase in safety, lower costs, and other advantages. Some states license virtual currency businesses, others are content to simply warn of their risks, while other states appear to almost ignore the developments.

Suggested Citation

  • Rosario Girasa, 2018. "States’ Regulation of Virtual Currencies," Palgrave Studies in Financial Services Technology, in: Regulation of Cryptocurrencies and Blockchain Technologies, pages 115-137, Palgrave Macmillan.
    • Handle: RePEc:pal:psincp:978-3-319-78509-7_5
    DOI: 10.1007/978-3-319-78509-7_5
    as

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