Legal Aspects of Cryptocurrencies Cover Image

Právní aspekty kryptoměn
Legal Aspects of Cryptocurrencies

Author(s): Jan Eisenreich, Petra Kundrátová
Subject(s): Law, Constitution, Jurisprudence
Published by: Univerzita Karlova v Praze, Nakladatelství Karolinum
Keywords: cryptocurrency; bitcoin

Summary/Abstract: The article aims to summarize the essence of technology of cryptocurrencies (virtual currencies), to briefly describe their history and to legally analyse them. The text is focused on the current legislation on cryptocurrencies and on the various approaches which are applied on them in different countries. The bitcoin is used as an example of cryptocurrency as the most famous representative of it these days. It was found out in the article, that it was very difficult to legally classify the cryptocurrencies, mainly because of the fact that they were almost outside the scope of legal regulation thanks to their essence of functioning. The states still hesitate to choose the approach to cryptocurrencies. However, some of them have already decided to create legal acts applicable on cryptocurrencies.

  • Issue Year: 64/2018
  • Issue No: 1
  • Page Range: 119-125
  • Page Count: 7
  • Language: Czech