Regulating the Crypto Ecosystem : The Case of Unbacked Crypto Assets /

Unbacked crypto assets are the oldest and most popular type of crypto assets, relying not on any backing asset for value but instead on supply and demand. They were originally developed to democratize payments but are mostly used for speculation. Crypto assets were designed to disintermediate financ...

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Bibliographic Details
Main Author: Bains, Parma
Other Authors: Ismail, Arif, Melo, Fabiana, Sugimoto, Nobuyasu
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2022.
Series:FinTech Notes; FinTech Notes ; No 2022/007
Subjects:
Online Access:Full text available on IMF