Cryptocurrencies and mobile payments: all change | Practical Law

Cryptocurrencies and mobile payments: all change | Practical Law

The emergence of semi-decentralised payment systems, such as mobile payments, as well as decentralised or distributed payment systems, such as cryptocurrencies, highlights a tension between innovation spurred on by technology, and a desire by governments and regulators to ensure that the adoption of new payment methods will not prejudice market integrity and stability, and that the interests of users will be protected.

Cryptocurrencies and mobile payments: all change

Practical Law UK Articles 4-616-6092 (Approx. 6 pages)

Cryptocurrencies and mobile payments: all change

by Mike Rebeiro, Peter Snowdon, Victoria Birch and Jamie Gray, Norton Rose Fulbright LLP
Published on 25 Jun 2015 • European Union, United Kingdom
The emergence of semi-decentralised payment systems, such as mobile payments, as well as decentralised or distributed payment systems, such as cryptocurrencies, highlights a tension between innovation spurred on by technology, and a desire by governments and regulators to ensure that the adoption of new payment methods will not prejudice market integrity and stability, and that the interests of users will be protected.