Bitcoin: Questions, Answers, and Analysis of Legal Issues

Description

This report has three major sections. The first section answers some basic questions about Bitcoin and the operation of the Bitcoin network and its interaction with the current dollar-based monetary system. The second section summarizes likely reasons for and against widespread Bitcoin adoption. The third section discusses legal and regulatory matters that have been raised by Bitcoin and other digital currencies.

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30 pages.

Creation Information

Elwell, Craig K.; Murphy, M. M. & Seitzinger, Michael V. January 28, 2015.

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This report is part of the collection entitled: Congressional Research Service Reports and was provided by UNT Libraries Government Documents Department to Digital Library, a digital repository hosted by the UNT Libraries. It has been viewed 562 times . More information about this report can be viewed below.

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Description

This report has three major sections. The first section answers some basic questions about Bitcoin and the operation of the Bitcoin network and its interaction with the current dollar-based monetary system. The second section summarizes likely reasons for and against widespread Bitcoin adoption. The third section discusses legal and regulatory matters that have been raised by Bitcoin and other digital currencies.

Physical Description

30 pages.

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Congressional Research Service Reports

The Congressional Research Service (CRS) is the public policy research arm of Congress. This legislative branch agency works exclusively for Members of Congress, their committees and their staff. This collection includes CRS reports from the mid-1970's through the present--covering a variety of topics from agriculture to foreign policy to welfare.

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  • January 28, 2015

Added to The UNT Digital Library

  • March 30, 2015, 10:03 p.m.

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Citations, Rights, Re-Use

Elwell, Craig K.; Murphy, M. M. & Seitzinger, Michael V. Bitcoin: Questions, Answers, and Analysis of Legal Issues, report, January 28, 2015; Washington D.C.. (digital.library.unt.edu/ark:/67531/metadc501957/: accessed August 18, 2017), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.