Article (Scientific journals)
Regulating Libra
Zetzsche, Dirk Andreas; Buckley, Ross; Arner, Douglas
2021In Oxford Journal of Legal Studies, 41 (1), p. 80-113
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Keywords :
Stablecoins; Payment Systems; Cryptocurrencies
Abstract :
[en] Libra is the first private cryptocurrency with the potential to change the landscape of global payment and monetary systems. Due to the scale and reach provided by its affiliation with Facebook, the question is not whether, but how, to regulate it. This article introduces the Libra project and analyses the potential responses open to regulators worldwide. We conclude that perhaps the greatest impact will come not from Libra itself, but rather from reactions to it, particularly by other BigTechs, incumbent financial institutions and governments around the world.
Disciplines :
Economic & commercial law
Author, co-author :
Zetzsche, Dirk Andreas  ;  University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Law Research Unit
Buckley, Ross
Arner, Douglas
External co-authors :
no
Language :
German
Title :
Regulating Libra
Publication date :
01 March 2021
Journal title :
Oxford Journal of Legal Studies
ISSN :
0143-6503
Publisher :
Oxford University Press, United Kingdom
Volume :
41
Issue :
1
Pages :
80-113
Peer reviewed :
Peer Reviewed verified by ORBi
Focus Area :
Law / European Law
Development Goals :
9. Industry, innovation and infrastructure
Available on ORBilu :
since 27 January 2020

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