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Regulatory Issues in Cryptocurrency Usage

In: Fintech, Digital Currency and the Future of Islamic Finance

Author

Listed:
  • Abdolhossein Zameni

    (SEGi University)

  • Nafis Alam

    (Asia Pacific University of Technology and Innovation (APU))

Abstract

Cryptocurrency has emerged as a new form of digital currency based on blockchain technology, but it is still in its infancy. There is a need for effective regulation surrounding cryptocurrency to have a quicker maturity and wide accessibility to everyone which could result in more efficiency in its usage. This chapter explores cryptocurrencies’ emergence and acceptance in line with its regulatory challenges. This chapter will help to better understand benefits, challenges and existing regulations behind cryptocurrencies. Besides, the chapter pinpoints other economic promises drawing from cryptocurrency advancement.

Suggested Citation

  • Abdolhossein Zameni & Nafis Alam, 2021. "Regulatory Issues in Cryptocurrency Usage," Springer Books, in: Nafis Alam & Syed Nazim Ali (ed.), Fintech, Digital Currency and the Future of Islamic Finance, edition 1, chapter 0, pages 127-146, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-49248-9_7
    DOI: 10.1007/978-3-030-49248-9_7
    as

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