ABSTRACT

This chapter presents strategies for the reflexive regulation of cryptocurrencies, based on observations on the structure and internal self-regulatory mechanisms of the cryptocurrency system made in the preceding chapters. Here, the focus is on recommendations stemming from the use of ‘Code’ and ‘Consensus’ as internal self-regulatory mechanisms within the cryptocurrency system. Further expanding on previous chapters, these recommendations are made taking into account the identified issues of regulatory concern, and in recognition of the highlighted regulatory gaps and fissures present in current cryptocurrency regulation.