News and Research articles on Cryptocurrency

Cryptocurrency

Ingolf G. A. Pernice, Weizenbaum Institute
Brett Scott, Independent
PUBLISHED ON: 20 May 2021 DOI: 10.14763/2021.2.1561

A cryptocurrency system can be understood as a system intended for the issuance of tokens which are intended to be used as a general or limited-purpose medium-of-exchange, and which are accounted for using an often collectively-maintained digital ledger making use of cryptography to replace trust in institutions to varying extents. Against such a backdrop, the singular term cryptocurrency can mean a token, intended to be used as a general or limited-purpose medium-of-exchange, issued via a cryptocurrency system.

KEYWORDS: Cryptocurrency, Bitcoin

Bitcoin is the first decentralised, peer-to-peer network that allows for the proof and transfer of ownership of virtual currencies without the need for a trusted third party. The purpose of this article is to address how we can capture Bitcoin’s potential benefits for the economy while addressing new regulatory challenges.

Bitcoin: a regulatory nightmare to a libertarian dream

Primavera De Filippi, Research and Studies Center of Administrative Science (CERSA/CNRS), Université Paris II (Panthéon-Assas)
PUBLISHED ON: 23 May 2014 DOI: 10.14763/2014.2.286

Cryptocurrencies such as bitcoin are often seen as a threat by governmental and financial institutions worldwide. Regulation could help minimise the risks involved. The author explores some legal and self-regulatory precedents from which we can learn.