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

20 Pages Posted: 24 Sep 2017 Last revised: 2 Apr 2020

See all articles by Usman W. Chohan

Usman W. Chohan

UNSW Business School; Critical Blockchain Research Initiative (CBRI); International Association of Hyperpolyglots (HYPIA); Centre for Aerospace & Security Studies (CASS)

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 W., 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 W. Chohan (Contact Author)

UNSW Business School ( email )

UNSW Business School
High St
Sydney, NSW 2052
Australia

Critical Blockchain Research Initiative (CBRI) ( email )

International Association of Hyperpolyglots (HYPIA) ( email )

HYPIA
www.polyglotassociation.org
Montreal, Quebec
Canada

Centre for Aerospace & Security Studies (CASS) ( email )

Islamabad
Pakistan

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