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Global Bitcoin

In: The Digital Currency Challenge: Shaping Online Payment Systems through US Financial Regulations

Author

Listed:
  • P. Carl Mullan

    (PDX Currency Corporation)

Abstract

Bitcoin offers a changing landscape on a global scale. It will be important, in future Bitcoin activity, for US law enforcement to carefully interact with foreign law enforcement and international regulatory policies. Bitcoin-related business fit nicely into Germany’s existing regulations. Australia prohibits any kind of anonymous style digital currency product and has issued bank warnings. Canada offers room for Bitcoin business and does not yet see a need to license agents. While Bitcoin is popular in China, banks and businesses are now banned from trading BTC. The primary banking establishment in Thailand has issued a ban on Bitcoin.

Suggested Citation

  • P. Carl Mullan, 2014. "Global Bitcoin," Palgrave Macmillan Books, in: The Digital Currency Challenge: Shaping Online Payment Systems through US Financial Regulations, chapter 19, pages 131-137, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-137-38255-9_20
    DOI: 10.1057/9781137382559_20
    as

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