Regulation of Cryptocurrencies in the European Union – Impact of European regulatory notifications on the cryptocurrency market
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Year of publication | 2022 |
Type | Article in Proceedings |
Conference | 4th International Conference on Applied Research in Business, Management and Economics |
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Description | The results show that individual countries such as Germany, Switzerland and Liechtenstein are more advanced in terms of the regulatory system for cryptocurrencies. However, these countries are too small and have an insignificant trade volume in relation to China and the USA, after which these countries could play a relevant role on the world market. If the European states do not act as a joint entity with the EU financial authorities on the world market, then international states will have a far lead and shape regulatory measures in the future. |