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Cryptocurrencies’ Puzzle

Author

Listed:
  • CORNELIA POP

    (Faculty of Business, Babes-Bolyai University, Cluj-Napoca, Romania)

  • INGRID-EMANUELA COLONESCU

    (Master graduate, Faculty of Business, Babes-Bolyai University, Cluj-Napoca, Romania and Financial Analyst at Endava, Romania)

Abstract

The present paper tries to bring a certain degree of clarity to the cryptocurrencies puzzle by discussing the existing definitions and some classifications identified by academic studies. Further, it investigate, based on various academic studies, the uses of cryptocurrencies and their potential role as alternative money. The regulations regarding the cryptocurrencies are also considered since the spreading of the cryptocurrency phenomenon and the risks associated with the use of cryptocurrencies in various capacities raise problems related to (small) investor protection and anti-money laundering.

Suggested Citation

  • Cornelia Pop & Ingrid-Emanuela Colonescu, 2021. "Cryptocurrencies’ Puzzle," JOURNAL STUDIA UNIVERSITATIS BABES-BOLYAI NEGOTIA, Babes-Bolyai University, Faculty of Business.
  • Handle: RePEc:bbn:journl:2021_2_6_pop
    as

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    File URL: https://tbs.ubbcluj.ro/RePEc/bbn/journl/Negotia_2_2021.pdf
    File Function: Revised version, 2021
    Download Restriction: no
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    More about this item

    Keywords

    cryptocurrencies; medium of exchange; assets; regulations;
    All these keywords.

    JEL classification:

    • E49 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Other
    • E59 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Other

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