PhD Nguyen Thi Thuy Dung, MA Le Duy Nguyen, Assoc.Prof.PhD Nguyen Le Cuong, PhD Tran Thi Lan
Crypto-assets: Economic nature, risks and regulation
Lĩnh vực:
Macro Finance
Số No.04 (35) 2025 (35)-2025 Journal of Finance & Accounting Research - Trang 5
Tóm tắt tiếng Việt:
English Summary:
This study analyzes the characteristics, economic nature, and regulatory challenges of cryptoassets. While crypto-assets present numerous opportunities, they also carry significant risks, including price volatility, financial and systemic risks, legal uncertainty, money laundering, and terrorist financing. Divergent regulatory approaches among countries have resulted in legal arbitrage, complicating global supervision. The study emphasizes the need for common regulatory principles focused on issuers, exchanges, and custodial wallet providers to ensure transparency and financial safety. Finally, it proposes key regulatory principles to balance technological innovation with financial stability and offers future research directions on the impact of policies on the crypto-asset market.
Từ khóa:
crypto-assets, distributed ledger technology, regulatory arbitrage
Số lượt đọc: 15 - Số lượt tải về: 14
DOI Code: https://doi.org/10.71374/jfar.v25.i4.01