Last Updated on December 12, 2023 by Paganoto
Virtual "Currencies": Not actual currencies | White & Case LLP
Virtual "Currencies": Not actual currencies | White & Case LLP
A number of courts have also grappled with this definition, although they generally note that Bitcoin – though it may fall under various definitions of a "virtual currency" or "money" – does not have legal tender status and is therefore not "currency" for legal purposes.Feb 16, 2022
Why Governments Are Wary of Bitcoin – Investopedia
Why Governments Are Wary of Bitcoin – Investopedia
In its current form, Bitcoin presents three challenges to government authority: it cannot be regulated, it is used by criminals, and it can help citizens …
Cryptoassets as National Currency? A Step Too Far – IMF Blog
Cryptoassets as National Currency? A Step Too Far – IMF Blog
As national currency, cryptoassets—including Bitcoin—come with substantial risks to macro-financial stability, financial integrity, consumer …
Why has El Salvador officially adopted bitcoin as its currency?
Why has El Salvador officially adopted bitcoin as its currency?
El Salvador is the first country to adopt the cryptocurrency bitcoin as legal tender, but other nations may follow suit.
Reasons To Make It Illegal
Reasons To Make It Illegal
The problem with Bitcoin is that there is no clear mapping from coins to user. Coins are mapped to addresses and only the user knows what addresses they own.
Bitcoin as your national currency? Bad idea, says the IMF
Bitcoin as your national currency? Bad idea, says the IMF
By all means, explore digital sovereign currencies, but do not make Bitcoin your nation’s legal tender, IMF warns.
What is bitcoin? – European Central Bank
What is bitcoin? – European Central Bank
Bitcoin it is not issued by a central public authority. You cannot have the same level of confidence in it as you can in an official …
Should Bitcoin Be Classified as Money? – De Gruyter
Should Bitcoin Be Classified as Money? – De Gruyter
by A Passinsky · 2020 · Cited by 2 — In response, Shavers argued that bitcoin is not money and so the BTCST investments do not count as investments of money. Since they are not …
Bitcoin becomes official currency in Central African Republic
Bitcoin becomes official currency in Central African Republic
El Salvador became the first country to adopt Bitcoin as an official currency in September 2021 – a move criticised by many economists, …
Five Reasons Why The Government Does Not Like Bitcoin
Five Reasons Why The Government Does Not Like Bitcoin
Governments have the power to control traditional currencies such as Dollars, Euros, Yuan, etc. They can change the monetary policy to run the economy. They can …
Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.