IDEAS home Printed from https://ideas.repec.org/p/eti/polidp/19030.html
   My bibliography  Save this paper

Blockchain Business and its Regulation

Author

Listed:
  • YANO Makoto
  • Chris DAI
  • MASUDA Kenichi
  • KISHIMOTO Yoshio

Abstract

As the blockchain industry is becoming larger, a new decentralized financial ecosystem is now developing. New financial devices, represented by terms like tokens, coins and ICOs are introduced to finance projects on blockchain. Many countries are now studying how to deal with this new financial ecosystem. The U.S. is now regulating it by the Securities Act whereas Japan is applying the Money Settlement Act and the Financial Instruments and Exchange Act. In this paper, without going into country-specific regulatory issues, we will investigate how the society may deal with the new decentralized financial ecosystem from the regulatory viewpoint.

Suggested Citation

  • YANO Makoto & Chris DAI & MASUDA Kenichi & KISHIMOTO Yoshio, 2019. "Blockchain Business and its Regulation," Policy Discussion Papers 19030, Research Institute of Economy, Trade and Industry (RIETI).
    • Handle: RePEc:eti:polidp:19030
    as

    Download full text from publisher

    File URL: https://www.rieti.go.jp/jp/publications/pdp/19p030.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Muhammad Z. Mumtaz & Zachary A. Smith, 2020. "Empirical examination of the role of fintech in monetary policy," Pacific Economic Review, Wiley Blackwell, vol. 25(5), pages 620-640, December.
    2. Makoto Yano & Chris Dai & Kenichi Masuda & Yoshio Kishimoto, 2020. "Creation of Blockchain and a New Ecosystem," Economics, Law, and Institutions in Asia Pacific, in: Makoto Yano & Chris Dai & Kenichi Masuda & Yoshio Kishimoto (ed.), Blockchain and Crypto Currency, chapter 0, pages 1-19, Springer.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eti:polidp:19030. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: TANIMOTO, Toko (email available below). General contact details of provider: https://edirc.repec.org/data/rietijp.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.