Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/106968 
Authors: 
Year of Publication: 
2014
Series/Report no.: 
SAFE Policy Letter No. 18
Publisher: 
Goethe University Frankfurt, SAFE - Sustainable Architecture for Finance in Europe, Frankfurt a. M.
Abstract: 
Financial innovation is, as usual, faster than regulation. New forms of speculation and intermediation are rapidly emerging. Largely as a result of the evaporation of trust in financial intermediation, an exponentially increasing role is being played by the so-called peer to peer intermediation. The most prominent example at the moment is Bitcoin. If one expects that shocks in these markets could destabilize also traditional financial markets, then it will be necessary to extend regulatory measures also to these innovations.
Subjects: 
financial innovation
peer to peer payment systems
Bitcoin
regulation
Persistent Identifier of the first edition: 
Document Type: 
Research Report

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