Bitcoin a bit unregulated?
Abstract
This paper reviews and contrasts the regulatory regime governing cryp-tocurrencies in Australia with those of the United States and European Union where the use of crypto-currencies in general and bitcoin in particular, is gaining momentum. This comparative analysis led the authors to conclude that the Australian regula-tory regimes are compara-ble, especially in relation to anti-money laundering activities. The finding cements the argument that it is timely to have a streamlined classification of bitcoin and/or cryp-tocurrencies across the jurisdictions, to provide the necessary guidance for all the stakeholders in the financial system.
Document Type
Journal Article
Date of Publication
1-1-2019
Publication Title
Australasian Journal of Applied Finance
Publisher
Financial Services Institute of Australasia (FINSIA)
School
School of Business and Law
RAS ID
30125
Copyright
free_to_read
Comments
Anthony Das, C., Sadique, M. S., & Prasad, K. (2019). Bitcoin a bit unregulated?. Australasian Journal of Applied Finance, 2019(3), 32-37. https://www.finsia.com/insights/ajaf-home-page