The composition of virtual currencies and the prospects of a comprehensive regulatory framework

There are still many uncertainties with regard to whether virtual currencies will eventually replace fiat money or whether these two institutions will be functioning in tandem. Virtual currencies are still without legal tender status, but it is established that virtual currency can be utilised as a medium of exchange in circumstances where parties permit for its use. Moreover, this novel technological phenomenon engenders a myriad of risks and legal implications that are not comprehensively dealt with by regulators either locally or internationally. This dissertation investigates the risks associated with virtual currencies, the regulatory approaches taken by different jurisdictions as well as the prospects for virtual currency to function as a medium of exchange.

Grantor dc:publisher

University of Pretoria

Year dc:date.issued

2020

Advisor dc:contributor.advisor

• Brits, Reghard

• Financial regulation
• Virtual currency
• Money
• UCTD

Statement dc:rights

• © 2019 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.

Language dc:language.iso

en

Dc Identifier Other

A2021

OAI identifier oai:identifier

oai:repository.up.ac.za:2263/78361