Manufacturing Tecnology — Research
FAU Research Explores How Regulatory Ambiguity Has Discouraged Entrepreneurial Activity in Bitcoin Market
Bitcoin Entrepreneurial Activity FAU Regulatory Research
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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...