Regulation of Bitcoin in Selected Jursidictions

Home > Diane Publishing Books >

Our Price: $20.00

By Law Library of Congress (au)
Year: 2014
Pages: 25
Binding Paperback
ISBN 978-1-4578-5352-4

Product Code: 1457853523

Description

This report surveys forty foreign jurisdictions and the European Union, reporting on any regulations or statements from central banks or government offices on the handling of Bitcoins as well as any significant use of Bitcoins in business transactions. Topics covered include whether Bitcoins are recognized as legal tender, the possibility of negative impacts on the national currency, concerns about fraud, and how transactions using the Bitcoin system are viewed by tax authorities. Of those countries surveyed, only a very few, notably China and Brazil, have specific regulations applicable to Bitcoin use. There is widespread concern about the Bitcoin systemäó»s possible impact on national currencies, its potential for criminal misuse, and the implications of its use for taxation. Overall, the findings of this report reveal that the debate over how to deal with this new virtual currency is still in its infancy. This is a print on demand report.

Share your knowledge of this product with other customers... Be the first to write a review