Unit:
Speciality Financial RegulationLibrary of the School of Law
Supervisors info:
Καθηγητής, κ. Χρήστος Γκόρτσος, τομέας Δημοσίου Δικαίου, Νομική Σχολή Πανεπιστημίου Αθηνών
Επίκουρος Καθηγητής, κ. Ανδρέας Τσουρουφλής, τομέας Δημοσίου Δικαίου, Νομική Σχολή Πανεπιστημίου Αθηνών
Επίκουρος Καθηγητής, κ. Νικόλαος Παπασπύρου, τομέας Δημοσίου Δικαίου, Νομική Σχολή Πανεπιστημίου Αθηνών
Original Title:
"Cryptocurrencies as investment products: Financial risks and regulatory approaches"
Translated title:
"Cryptocurrencies as investment products: Financial risks and regulatory approaches"
Summary:
In the last decade and after the creation of Bitcoin, the first currency based on cryptography and blockchain technology, thousands of cryptocurrencies have emerged, creating a dynamic and constantly growing investment market. In the present thesis, these unique digital assets are approached not as a means of payment but as investment products, according to the latest economic and legal developments at European and international level.
The thesis is structured in three parts. The first chapter presents the main different types of cryptocurrencies and their investment characteristics. Further, the second chapter, identifies the main risks arising from investing in cryptocurrencies, on one hand for the proper functioning and efficiency of the market and on the other hand for the investors. Lastly, the third chapter, summarizes the approaches of states and regulatory/supervisory bodies to address those risks and also the key points of the European Commission's Regulation on Markets in Crypto-Assets, the Proposal of which was published in September 2020.
Main subject category:
Law and Legislation
Other subject categories:
Public Law
Keywords:
cryptocurrencies, blockchain, crypto-assets, virtual currencies, MiCA Regulation, digital currencies, tokens, bitcoin, blockchain, fintech, investment products, financial risks, crypto transactions, wallet providers
