Legal concept of internet currencies

Authors

  • Dominika Kisiel University of Gdańsk

DOI:

https://doi.org/10.4467/22996834FLR.18.013.9215

Keywords:

cryptocurrency, money, currency, bitcoin

Abstract

Internet-based currencies play important role in current world of banking and economy. Repeatedly immense interest concerning the concept of money circling within the virtual network tends to draw an attention to its division and legal status. This paper aims to highlight the issue of ongoing condition of said currencies in digital sphere, along with their advantages and risks linked with the unreasonable usage. With the aid of research from scientific works, legal documents and personal opinion, an conclusion has been made.

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References

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Legal acts

Directive (EU) 2015/849 of The European Parliament and Of The Council of 20 May 2015 on the prevention of the use of the financial system for the purposes of money laundering or terrorist financing, amending Regulation (EU) No 648/2012 of the European Parliament and of the Council, and repealing Directive 2005/60/EC of the European

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Published

17.11.2018

How to Cite

Kisiel, D. (2018). Legal concept of internet currencies. Financial Law Review, (11(3), 1–11. https://doi.org/10.4467/22996834FLR.18.013.9215

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Section

Articles