Privacy and Official Regulation In Contemporary Cryptocurrencies: А Well-Balanced Approach For Legal Solution: Practical solution based on the e

By Arsen Khachatryan

Cryptocurrencies offer an alternative to traditional methods of electronic value exchange, promising anonymous, cash-like electronic transfers, but in practice they fall short for several key reasons. We consider the false choice between total surveillance, as represented by banking as currently implemented by institutions, and impenetrable lawlessness, as represented by privacy-enhancing cryptocurrencies as currently deployed. We identify a range of alternatives between those two extremes, and we consider two potential compromise approaches that offer both the auditability required for regulators and the anonymity required for users. As a final step we research for a unified solution supporting both the approaches with the same flexibility of well integrated balance of privacy and legal regulation requirements.

• Format: Paperback
• Language: English
• ISBN: B08ZBZPYYW
• ISBN13: 9798723916616
• Release Date: March 2021
• Publisher: Independently Published
• Length: 62 Pages
• Weight: 0.49 lbs.
• Dimensions: 0.2" x 8.5" x 11.0"