Answers are grounded in this paper and cite their sources.
Arguments for regulating Bitcoin are built mainly on the technologically disruptive nature of the currency and its susceptibility to facilitating financial crimes on a scale larger than financial institutions. This paper questions this notion and proposes instead that the disruptive nature of Bitcoin is not technological but legal. The legal disruption requires a legislative response aimed at ensuring suitable regulation that can circumvent the identity crises in Bitcoin transactions
No takes yet. Share an insight, caveat, or question.
Egbiri et al. (2023) studied this question.
Synapse has enriched 8 related papers. Consider them for comparative context: