The Finance, Law, and Economics Working Group is happy to welcome you to participate in our Webinar on “Cryptocurrencies: a Law and Economics Perspective”, which will be held on Friday, July 28 2017, at 17:00 (CET).
Description of the Event:
The advent of cryptographic technology placed Bitcoins in the center of the academic debate in the stream of law and economics for three important reasons. Firstly, Bitcoins pose a challenge to the mainstream scholarly thinking about money, banking, and credit. Secondly, in the absence of a current legal framework, Central Banks assume that Bitcoins are prone to misuse, for instance, regarding money laundering and other illicit activities. Thirdly, innovative features of the underlying technology (Blockchain) has led to academic debates on the pros and cons of issuance of digital currencies by central banks in a regulated environment.
The session will cover the main theoretical foundations of crypto-currencies based on recent literature, and it will provide a brief outline of the underlying technology. Additionally, the session will discuss the current regulatory developments in order to address the potential challenges arising from crypto-currencies, as well as the initiatives taken by some of the most important central banks (such as the Bank of England, Bank of Canada, and People’s Bank of China) with a view to fostering financial innovation. Understanding these developments will provide innovative insights into emerging finance, law, and economics perspectives, and their relationship with the latest technology advancements in payment systems.
Dr. Srinivas Yanamandra is an alumnus of Alliance Manchester Business School (DBA 2013). He completed his doctoral thesis in the area of “Financial Instability, Regulatory Reforms and Bank Governance: Lessons from the East-Asian Financial Crisis”. A qualified accountant, Srinivas has over 15 years of industry experience in the areas of regulatory compliance, risk management, anti-money laundering, and bank governance. All through his career Srinivas handled various facets of banking compliance (including those relating to digital banking and payment systems) at private sector banks in India. He is currently working as the Chief, Compliance of the New Development Bank, head-quartered in Shanghai.
Please follow this link to attend our GoToMeeting: https://global.gotomeeting.com/join/193839485
We look forward to seeing you online!
Christopher and Cecilia
This event is organized by the Institute for New Economic Thinking (INET) Young Scholars Initiative (YSI).
Join us: https://www.ineteconomics.org/education/young-scholars-initiative