Manufacturing Tecnology — Regulatory
FAU Research Explores How Regulatory Ambiguity Has Discouraged Entrepreneurial Activity in Bitcoin Market
Bitcoin Entrepreneurial Activity FAU Regulatory Research
FAU Research Explores How Regulatory Ambiguity Has Discouraged Entrepreneurial Activity in Bitcoin Market Credit: Florida Atlantic University/Getty Images Newswise — More than a decade after the launch of Bitcoin, regulatory ambiguity surrounding the peer-to-peer virtual currency continues to discourage entrepreneurial activity by increasing risk and the costs of compliance, according to a newly published paper by faculty at Florida Atlantic University’s College of Business. Regulatory ambiguity refers to the uncertainty or inexactness of policies governing a particular action or industry, resulting from dormant, imprecise, conflicting and selectively enforced regulation. In his paper, recently published in The Review of Austrian Economics, William...