A legal analysis of complementary and ...
Document type :
Article dans une revue scientifique
Permalink :
Title :
A legal analysis of complementary and virtual currencies for sustainable economic development
Author(s) :
Arciniega Gil, Luis Roman [Auteur]
Centre d'Etudes et de Recherches Administratives, Politiques et Sociales - UMR 8026 [CERAPS]
Centre d'Etudes et de Recherches Administratives, Politiques et Sociales - UMR 8026 [CERAPS]
Journal title :
Banking & Financial Services Policy Report
Volume number :
39
Pages :
p. 1-12
Publisher :
Wolters Kluwer
Publication date :
2020-07
ISBN :
0730689X
English keyword(s) :
Crypto-currencies
complementary currencies
sustainable economic development
digital economy
digital law
complementary currencies
sustainable economic development
digital economy
digital law
HAL domain(s) :
Sciences de l'Homme et Société/Science politique
English abstract : [en]
A monetary ecosystem has developed in recent years transforming the concept of money and its statu quo. Complementary currencies (CCs) are types of exchange media that support the creation of monetary ecosystems. CCs can ...
Show more >A monetary ecosystem has developed in recent years transforming the concept of money and its statu quo. Complementary currencies (CCs) are types of exchange media that support the creation of monetary ecosystems. CCs can contribute to sustainable economic development as they connect stakeholders, strengthen community relations, and democratize the control over exchange mechanisms. In France, CCs have developed at the local level as complementary local currencies (CLMs) aiming to favour local exchanges and revitalize the economy of French territories. At the same time, the digital revolution is influencing present dynamics by dematerializing legal money and creating new forms of value, such as virtual currencies. Nevertheless, legal issues exist with regard to this monetary diversification, such as the legal recognition, sovereignty and convertibility of these types of currency systems. This paper focuses on the legal aspects of monetary diversification both in the local and virtual realm, and analyses the legal framework and benefits.Show less >
Show more >A monetary ecosystem has developed in recent years transforming the concept of money and its statu quo. Complementary currencies (CCs) are types of exchange media that support the creation of monetary ecosystems. CCs can contribute to sustainable economic development as they connect stakeholders, strengthen community relations, and democratize the control over exchange mechanisms. In France, CCs have developed at the local level as complementary local currencies (CLMs) aiming to favour local exchanges and revitalize the economy of French territories. At the same time, the digital revolution is influencing present dynamics by dematerializing legal money and creating new forms of value, such as virtual currencies. Nevertheless, legal issues exist with regard to this monetary diversification, such as the legal recognition, sovereignty and convertibility of these types of currency systems. This paper focuses on the legal aspects of monetary diversification both in the local and virtual realm, and analyses the legal framework and benefits.Show less >
Language :
Anglais
Audience :
Non spécifiée
Administrative institution(s) :
Université de Lille
CNRS
CNRS
Collections :
Submission date :
2021-04-06T07:26:43Z
2023-04-11T16:20:44Z
2023-04-11T16:20:44Z
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