Bitcoin And Public Policy In International Arbitration Enforcement

Bitcoin and Public Policy in International Arbitration Enforcement

Cryptocurrencies are a rapidly spreading form of transaction in the global financial system and regulators have recognized that crypto-assets are here to stay; they can support financial inclusion, provide secure payments and improve controls. Hovever, cryptocurrency technology, with its innovative features such as the decentralised nature, the absence of a central authority and inherent anonymity of users, creats significant concerns in terms of tax evasion, money laundering and terrorist financing.

Greece, among other countries, has not adopted an apropriate and specific regulatory framework to regulate all issues arising from the way cryptocurrencies operate within Greece, and Greek jurisprudence appears hesitant to its recognition.