Author: Niels Vandezande 303907
Title: Virtual Currencies: A Legal Framework
Description: Intersentia, 2018. Gekartonneerd. Pp: 499. In the last few years, the cryptocurrency bitcoin has repeatedly made worldwide headlines with its fluctuations in value and the uncertainty regarding the legal framework under which it operates. In-game currencies and currencies used as part of a loyalty scheme are examples as of other forms of virtual currencies. Moreover, new forms of virtual currency used mainly for investment purposes - derived from cryptocurrencies such as bitcoin - are rapidly gaining hold. This book focuses on the legal aspects of virtual currencies from the perspective of financial and economic law. It establishes a typology of virtual currencies and assesses whether they can be considered as money. The author analyzes whether the EU legal frameworks on electronic money, payment services, anti-money laundering, and markets in financial instruments can be applied to virtual currencies. A functional comparison is made to the US, where more regulatory initiative has been identified. The book concludes by answering the question of whether - and how - virtual currencies should be regulated within the EU. ISBN: 9781780686752. Cond./Kwaliteit: Goed.

Keywords: 9781780686752


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