Legal Risks and Challenges Related to Virtual Currencies

Halász Zsolt: Legal Risks and Challenges Related to Virtual Currencies.
In: Fostering Innovation and Competitiveness With FinTech, RegTech, and SupTech. IGI Global, Hershey (PA), pp. 142-160. (2021) ISBN 9781799843900; 9781799843917

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Szerző azonosítók:

Név	ORCID	MTMT szerző azonosító
Halász Zsolt	0000-0002-7463-8619	10036585

Absztrakt (kivonat):

The appearance of the virtual currencies provokes several legal questions beyond their economic-monetary nature. The chapter focuses primarily from a legal point of view on the emergence of virtual currencies after a brief analysis of the concept and development of money, and analyses the related possible and probable legal risks and challenges in comparison to the operation of traditional (fiat) currencies either. The author provides a brief background of the technology of virtual currencies. The chapter considers specific issues that virtual currencies raise concerning the legal regulation in several fields, for example, exchange services, taxation, salaries, lending and borrowing in virtual currencies, law enforcement, money laundering, etc. Before the author assesses the impacts and probable functions of virtual currencies, it is indispensable to have also a look at the relations between state and money through the concept of monetary sovereignty and the related compatibility issues.

Könyv címe:

Fostering Innovation and Competitiveness With FinTech, RegTech, and SupTech

Megjelenés éve:

2021

Terjedelem:

Oldalak:

pp. 142-160

ISBN:

9781799843900; 9781799843917

Kiadó:

IGI Global

Kiadás helye: