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
School
School of Business and Law
RAS ID
30125
Copyright
free_to_read
Publisher
Financial Services Institute of Australasia (FINSIA)
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