TY  - JOUR
TI  - Can Cryptocurrencies Preserve Privacy and Comply with Regulations?
AV  - public
VL  - 2
Y1  - 2019/05//
N1  - Copyright © 2019 Goodell and Aste. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY) (https://creativecommons.org/licenses/by/4.0/). The use, distribution or reproduction in other forums is permitted, provided the original author(s) and the copyright owner(s) are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.
ID  - discovery10074538
N2  - Cryptocurrencies offer an alternative to traditional methods of electronic value exchange, promising anonymous, cash-like electronic transfers, but in practice they fall short for several key reasons. We consider the false choice between total surveillance, as represented by banking as currently implemented by institutions, and impenetrable lawlessness, as represented by privacy-enhancing cryptocurrencies as currently deployed. We identify a range of alternatives between those two extremes, and we consider two potential compromise approaches that offer both the auditability required for regulators and the anonymity required for users.
SN  - 2624-7852
UR  - https://doi.org/10.3389/fbloc.2019.00004
JF  - Frontiers in Blockchain
KW  - cryptoassets
KW  -  regulation
KW  -  compliance
KW  -  auditing
KW  -  tax
KW  -  money laundering
KW  -  privacy
KW  -  anonymity
A1  - Goodell, G
A1  - Aste, T
ER  -