imported>Doug Williamson |
imported>Doug Williamson |
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| A cryptocurrency is a virtual digital currency based on cryptography and peer-to-peer networking, for example Bitcoin.
| | ''Law.'' |
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| | Generally: |
| | #In a civil case, the person complained against |
| | #In a criminal case, the person accused of the crime. |
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| Sometimes known as 'crypto-assets', also written ''cryptoassets''.
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| Regulators and some commentators prefer these terms, as a reminder that cryptoassets are not currencies in the traditional sense.
| | Use is dependent on jurisdiction. |
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| | | For example, they are sometimes known as the 'defender' in a civil case, or the 'accused' in criminal cases. |
| :<span style="color:#4B0082">'''''Cryptocurrency, central bank digital currency (CBDC) & regulation'''''</span>
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| :"A CBDC would be fundamentally different to cryptocurrencies or cryptoassets.
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| :Cryptoassets combine new payments systems with new currencies that are not issued by a central bank...
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| :Our Financial Policy Committee has assessed cryptoassets and concluded that they do not currently pose a risk to monetary or financial stability in the UK. However, cryptoassets do pose risks to investors and anyone buying cryptoassets should be prepared to lose all their money...
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| :HMT’s proposed approach [is] for an overarching framework to bring crypto-assets into the scope of activities that are regulated – the ‘regulatory perimeter’."
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| :''Bank of England - CBDC versus cryptocurrency''
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| == See also == | | == See also == |
| * [[Altcoin]] | | * [[Claimant]] |
| * [[Bank of England]] | | * [[Court]] |
| * [[Bitcoin]]
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| * [[Blockchain]]
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| * [[Blockchain Governance Initiative Network]] (BGIN)
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| * [[Central bank digital currency]] (CBDC))
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| * [[Centralised finance]] (CeFi)
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| * [[Cryptoassets]]
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| * [[Cryptocurrency mining]]
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| * [[Cryptography]]
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| * [[Currency]]
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| * [[Decentralised finance]] (DeFi)
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| * [[Digital currency]]
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| * [[Ether]]
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| * [[Fiat currency]]
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| * [[Financial Policy Committee]]
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| * [[Gold standard]]
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| * [[HM Treasury]] (HMT)
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| * [[Libra]]
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| * [[Money]]
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| * [[Non-fungible token]]
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| * [[Regulation]]
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| * [[Ripple]]
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| * [[Virtual currency]]
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| ==External link==
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| [https://www.bankofengland.co.uk/research/digital-currencies Central bank digital currencies - Bank of England]
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| [[Category:Cash_management]] | | [[Category:Compliance_and_audit]] |