Assessing the Differences in Bitcoin & Other Cryptocurrency Legality Across National Jurisdictions

11 Pages Posted: 24 Sep 2017  

Usman Chohan

University of New South Wales (UNSW), UNSW Business School

Date Written: September 20, 2017

Abstract

The growth of cryptocurrencies has been met with a variety of regulatory and legislative responses across national jurisdictions, with some signalling approval of the general transactional and functional aspects of cryptocurrencies, while other responding with legislative prohibitions or restrictions. This diversity of legislative response signals on one hand the perplexity of authorities as to the full possibilities of cryptocurrencies, and on the other hand a realization of the inadequate oversight and governance role those authorities would have in the disintermediated nature of cryptocurrency transactions. This discussion paper assesses the differences in Bitcoin and other cryptocurrency legality across national jurisdictions.

Keywords: Bitcoin, Cryptocurrency, Digital, Regulation, Blockchain

Suggested Citation

Chohan, Usman, Assessing the Differences in Bitcoin & Other Cryptocurrency Legality Across National Jurisdictions (September 20, 2017). Available at SSRN: https://ssrn.com/abstract=3042248 or http://dx.doi.org/10.2139/ssrn.3042248

Usman Chohan (Contact Author)

University of New South Wales (UNSW), UNSW Business School ( email )

Sydney, New South Wales
Australia

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