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International Regulation

  • Rosario Girasa
Chapter
Part of the Palgrave Studies in Financial Services Technology book series (FST)

Abstract

We now examine how most countries have dealt with virtual currencies and, as anticipated, some countries welcome the newest technology, some prohibit it totally as being dangerous to the local currencies, others are satisfied with issuing warnings, while yet others seek to tax gains made from the exchange. We also examine how international organizations and entities such as the European Union and its banking organizations are interposing regulatory regimes to prevent money laundering and other misuses of the new technology.

Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Rosario Girasa
    • 1
  1. 1.Lubin School of BusinessPace UniversityPleasantvilleUSA

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