CEU Electronic Theses and Dissertations, 2014
| Author | Mimic, Miljan |
|---|---|
| Title | REGULATORY CHALLENGES OF ALTERNATIVE E-CURRENCY COMPARATIVE ANALYSIS OF BITCOIN MODEL IN US AND EU JURISDICTIONS |
| Summary | The thesis provides a comparative overview of US and EU anti-money laundering rules and regulations, focusing on their possible application on bitcoin cryptocurrency and argues against over-regulation in this sector. In addition, as preliminary question, thesis provides comparative overview of legal status of bitcoin in US and EU jurisdictions, concluding that there exists high level of uncertainty as to its current legal nature, due to very differing approach undertaken by US authorities on the one hand and EU authorities on the other. Based on the undertaken analysis, the conclusion is that already existing AML regulation can be adapted to encompass bitcoin, and that this existing and any eventual further regulation should concern businesses operating on bitcoin platform as quasi-financial institutions, and not ordinary users. |
| Supervisor | Catherina Sganga |
| Department | Legal Studies LLM |
| Full text | https://www.etd.ceu.edu/2014/mimic_miljan.pdf |
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