Cryptocurrency: Policy Issues, Financial Implications, and Security Risks


Edward J. McCallum (Editor)

Series: Economic Issues, Problems and Perspectives
BISAC: BUS114000

Cryptocurrencies are digital money in electronic payment systems that generally do not require government backing or the involvement of an intermediary, such as a bank. Instead, users of the system validate payments using certain protocols. Since the 2008 invention of the first cryptocurrency, Bitcoin, cryptocurrencies have proliferated. In recent years, they experienced a rapid increase and subsequent decrease in value. One estimate found that, as of March 2020, there were more than 5,100 different cryptocurrencies worth about $231 billion.

Table of Contents


Chapter 1. Cryptocurrency: The Economics of Money and Selected Policy Issues
David W. Perkins

Chapter 2. Digitizing the Dollar: Investigating the Technological Infrastructure, Privacy, and Financial Inclusion Implications of Central Bank Digital Currencies

Chapter 3. Central Bank Digital Currencies: Policy Issues
Marc Labonte and Rebecca M. Nelson

Chapter 4. Exploring the Cryptocurrency and Blockchain Ecosystem

Chapter 5. Crypto-Asset Exchanges: Current Practices and Policy Issues
Eva Su and Andrew P. Scott

Chapter 6. Cryptocurrency Transfers and Data Collection
Mark P. Keightley and Andrew P. Scott

Chapter 7. Digital Currencies: Sanctions Evasion Risks
Rebecca M. Nelson and Liana W. Rosen

Chapter 8. Cryptocurrency: An Enforcement Framework
U.S. Department of Justice

Chapter 9. Taxation of Cryptocurrency Block Rewards in Selected Jurisdictions
The Law Library of Congress