Regulating Bitcoin – The Challenges Ahead

Abstract

This article provides an overview of several challenges that involve Bitcoin and other
\ncryptocurrencies. After briefly discussing the underlying technology, it discusses challenges related to
\ncryptocurrencies that regulators face at this point in time. This includes issues regarding Initial Coin
\nOfferings and cryptocurrencies in general, as well as cryptocurrencies as an investment instrument. It
\nalso includes an analysis of cryptocurrencies compared to the real economy. The article concludes that
\nscholars are not unanimous regarding the regulation of Bitcoin and cryptocurrencies, and that
\ncryptocurrencies, at least up till now, do no follow trends of the real economy.