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States’ Regulation of Virtual Currencies

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

Abstract

We proceed with a review of all of the states and their endeavors to deal with the latest innovative technologies. We note that states have many varying views concerning whether to regulate, the websites to warn inhabitants of the risks of virtual currency investments, whether to tax transactions, or even welcome their advent viewing the innovations as a further major step towards an increase in safety, lower costs, and other advantages. Some states license virtual currency businesses, others are content to simply warn of their risks, while other states appear to almost ignore the developments.

Keywords

Virtual Currency Money Transmission State Bank Supervisors Bitcoin Cryptocurrencies 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© The Author(s) 2018

Authors and Affiliations

  1. 1.Lubin School of BusinessPace UniversityPleasantvilleUSA

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