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Bitcoin Regulation? Imperfect Knowledge of Identities and the Money Laundering Risk: A West African Perspective’

Research output: Contribution to Journal/MagazineJournal articlepeer-review

Published
Article number2
<mark>Journal publication date</mark>1/12/2018
<mark>Journal</mark>Journal of Anti-Corruption Law
Issue number2
Volume2
Pages (from-to)163-182
Publication StatusPublished
<mark>Original language</mark>English

Abstract

Arguments for regulating Bitcoin are built mainly on the technologically disruptive nature of the currency and its susceptibility to facilitating financial crimes on a scale larger than financial institutions. This paper questions this notion and proposes instead that the disruptive nature of Bitcoin is not technological but legal. The legal disruption requires a legislative response aimed at ensuring suitable regulation that can circumvent the identity crises in Bitcoin transactions.