Developing an effective regulatory framework for virtual currencies in Mauritius
Conference paper
Balgobin, P. and Seeam, A. 2020. Developing an effective regulatory framework for virtual currencies in Mauritius. Madhavjee, K. and Soyjaudah, S. (ed.) ICONIC: 2020 International Conference on Intelligent and Innovative Computing Applications. Plaine Magnien, Mauritius 24 - 25 Sep 2020 Association for Computing Machinery (ACM). pp. 1-9 https://doi.org/10.1145/3415088.3415126
Type | Conference paper |
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Title | Developing an effective regulatory framework for virtual currencies in Mauritius |
Authors | Balgobin, P. and Seeam, A. |
Abstract | It is widely accepted that virtual currencies have the potential of revolutionising the global finance sector. The potential of bitcoin has been recognised by corporate organisations and governments. With the continuing growth of bitcoin as a cryptocurrency, its regulatory regime has become crucial in determining the fate of this novel system of exchange. The global economic crisis and pandemic situation of 2020 is turning industries towards adoption of digital and virtual currencies. Although bitcoins have been regarded as the pioneer of decentralized peer to peer virtual currencies, there remains uncertainties in various countries as to whether they should embrace, devise new regulations or completely outlaw the digital currency. It has been recognised that Mauritius has the potential of acting as a Financial Technology (Fintech) hub for the African and surrounding regions through the rapid development and adoption of technology.For this to become possible, the current regulatory framework of Mauritius must be updated to reflect the continuing innovating changes in this area. |
Keywords | bitcoin; cryptocurrency; regulatory framework; virtual currencies |
Conference | ICONIC: 2020 International Conference on Intelligent and Innovative Computing Applications |
Page range | 1-9 |
Proceedings Title | ICONIC '20: Proceedings of the 2nd International Conference on Intelligent and Innovative Computing Applications |
Editors | Madhavjee, K. and Soyjaudah, S. |
ISBN | |
Hardcover | 9781450375580 |
Publisher | Association for Computing Machinery (ACM) |
Publication dates | |
Online | 24 Sep 2020 |
24 Sep 2020 | |
Publication process dates | |
Deposited | 05 Oct 2020 |
Submitted | 31 May 2020 |
Accepted | 15 Jul 2020 |
Output status | Published |
Accepted author manuscript | File Access Level Open |
Copyright Statement | Copyright © 2020 ACM. This is the author's version of the work. It is posted here for your personal use. Not for redistribution. The definitive Version of Record was published in Proceedings of the 2nd International Conference on Intelligent and Innovative Computing Applications, http://dx.doi.org/10.1145/3415088.3415126 |
Digital Object Identifier (DOI) | https://doi.org/10.1145/3415088.3415126 |
Web address (URL) of conference proceedings | https://dl.acm.org/doi/proceedings/10.1145/3415088 |
Language | English |
https://repository.mdx.ac.uk/item/891qx
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Accepted author manuscript
Developing_an_Effective_Regulatory_Framework_for_Virtual_Currencies_in_Mauritius_no_cw.pdf | ||
File access level: Open |
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