Due to the unique characteristics and inherent nature of cryptocurrency, it has been widely acknowledged that the use of digital currency involves several distinct attributes. Cryptocurrency operates on a decentralized network, utilizing advanced cryptographic techniques to secure transactions and control the creation of new units. It offers users a level of anonymity and privacy, as transactions are pseudonymous and do not require personal identification. Additionally, cryptocurrency transactions are typically irreversible, providing a secure and efficient means of transferring value across borders without the need for intermediaries. These features have contributed to the growing popularity and adoption of cryptocurrency in various sectors, including finance, technology, and commerce.
HomeDIGITAL ASSETS REGULATORYbis_asset_updateRegulating Virtual Currency: Insights from Ahmed Naseer