A Conceptual Framework for the Regulation of Cryptocurrencies

Omri Y. Marian · bepress Legal Repository · 2014

For two recent exceptions to the field-tailored approach that advocate a broader view of the problem, see Andy Yee, Internet Architecture and the Layers Principle: A Conceptual Framework for Regulating Bitcoin, 3 Internet Pol Rev 1, 6-7 (2014); Kevin V. Tu and Michael W. Meredith, Rethinking Virtual Currency Regulation in the Bitcoin Age, 90 Wash L Rev (forthcoming 2015), online at http://papers.ssrn.com/sol3/papers.cfmabstract-id-2485550(visited Nov 16, 2014).3 1 use the term "cryptocurrency' to refer to any digital currency that relies on peer-to-peer cryptography for the validation of value transfers.4 See, for example, Bloomberg TV, Here's How Bitcoin Is Like the Early '90s Internet (Mar 28, 2014), online at http://www.bloomberg.com/video/here-s-how-bitcoin-is-like-early-90-s-internet-dUOH7ADwTl6arrql22kHPg.html(visited Nov 16, 2014); Saumya Vaishampayan, Bitcoin Is Like the Early Internet, Minus the VC Money, Market Extra (MarketWatch Apr 28, 2014), online at http://www.marketwatch.com/story/bitcoin-venture-capital-money-hasnt-kept-up-with-buzz-2014-04-28(visited Nov 16, 2014

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