IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Comparative Review of the Regulatory Framework of Cryptocurrency in Selected Jurisdictions

Comparative Review of the Regulatory Framework of Cryptocurrency in Selected Jurisdictions
View Sample PDF
Author(s): Karisma Karisma (University Malaya, Malaysia)
Copyright: 2022
Pages: 30
Source title: Regulatory Aspects of Artificial Intelligence on Blockchain
Source Author(s)/Editor(s): Pardis Moslemzadeh Tehrani (University of Malaya, Malaysia)
DOI: 10.4018/978-1-7998-7927-5.ch005

Purchase

View Comparative Review of the Regulatory Framework of Cryptocurrency in Selected Jurisdictions on the publisher's website for pricing and purchasing information.

Abstract

This chapter compares the current legal and regulatory landscape of cryptocurrency regulations of selected countries. Countries have adopted distinct and disparate regulatory approaches in regulating cryptocurrency. Countries such as Gibraltar, Malta, Switzerland, Singapore, and certain states in the United States have enacted proactive, enabling, and industry-specific laws to regulate cryptocurrency. The Philippines and Denmark are relatively forward-looking in their endeavour to regulate cryptocurrency by allowing its utilization and/or trade but with a restrictive and cautious approach. Certain countries have imposed rigorous restrictions or banned the usage or trade of cryptocurrency. With the rapid evolution and emergence of cryptocurrency markets, policymakers are adopting different trajectories to develop a suitable regulatory framework to regulate cryptocurrency. Countries around the world should harness the capabilities of cryptocurrency by devising favourable regulations rather than inhibit the application of cryptocurrency.

Related Content

N. L. Swathi, Achukutla Kumar. © 2024. 17 pages.
Gurwinder Singh, Anshika Thakur. © 2024. 21 pages.
Ashok Singh Gaur, Hari Om Sharan, Rajeev Kumar. © 2024. 16 pages.
Sabyasachi Pramanik. © 2024. 17 pages.
Geetha Manoharan, Abdul Razak, C. V. Guru Rao, Sunitha Purushottam Ashtikar, M. Nivedha. © 2024. 28 pages.
Roop Kamal, Manpreet Kaur, Jaspreet Kaur, Shivani Malhan. © 2024. 10 pages.
Anu Sharma. © 2024. 8 pages.
Body Bottom