Trends in Crypto-Currencies and Blockchain Technologies: A Monetary Theory and Regulation Perspective

  title={Trends in Crypto-Currencies and Blockchain Technologies: A Monetary Theory and Regulation Perspective},
  author={Gareth W. Peters and Efstathios Panayi and Ariane Chapelle},
  journal={IRPN: Innovation \& Cyberlaw \& Policy (Topic)},
The internet era has generated a requirement for low-cost, anonymous and rapidly verifiable transactions to be used for online barter, and fast settling money has emerged as a consequence. For the most part, electronic money (e-money) has fulfilled this role, but the last few years have seen two new types of money emerge — centralized virtual currencies, usually for the purpose of transacting in social and gaming economies, and cryptocurrencies, which aim to eliminate the need for financial… Expand
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