A History of Digital Currency in the United States New Technology in an Unregulated Market /

This book presents detailed case studies of the first commercial internet digital currency systems developed between 1996 and 2004. Transactions completed with the new technology circumvented all US financial regulations, an opening that transnational criminals exploited. Mullan explains how an enti...

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Bibliographic Details
Author / Creator: Mullan, P. Carl. (Author, http://id.loc.gov/vocabulary/relators/aut)
Other Corporate Authors / Creators:SpringerLink (Online service)
Format: Electronic eBook
Language:English
Edition:1st ed. 2016.
Imprint: New York : Palgrave Macmillan US : Imprint: Palgrave Macmillan, 2016.
Series:Palgrave Advances in the Economics of Innovation and Technology,
Subjects:
Online Access:Available in Springer Economics and Finance eBooks 2016 English/International.
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100 1 |a Mullan, P. Carl.  |e author.  |4 aut  |4 http://id.loc.gov/vocabulary/relators/aut 
245 1 2 |a A History of Digital Currency in the United States  |h [electronic resource]  |b New Technology in an Unregulated Market /  |c by P. Carl Mullan. 
246 2 |a A History of Digital Currency in the United States: New Technology in an Unregulated Market 
250 |a 1st ed. 2016. 
264 1 |a New York :  |b Palgrave Macmillan US :  |b Imprint: Palgrave Macmillan,  |c 2016. 
490 1 |a Palgrave Advances in the Economics of Innovation and Technology,  |x 2662-3870 
505 0 |a 1. Introduction -- 2. e-gold -- 3. The Liberty Dollar and Bernard von NotHaus -- 4. e-bullion and Mr. James Fayed -- 5. Crowne Gold -- 6. Liberty Reserve -- 7. INTgold -- 8. OSGold -- 9. GoldMoney -- 10. WebMoney Transfer -- 11. New FinCEN Rules. 
520 |a This book presents detailed case studies of the first commercial internet digital currency systems developed between 1996 and 2004. Transactions completed with the new technology circumvented all US financial regulations, an opening that transnational criminals exploited. Mullan explains how an entire industry of companies, agents, and participants turned a blind eye to crimes being committed in this unsupervised environment. He then tracks the subsequent changes made to US regulations that now prevent such unlicensed activity, illustrating the importance of supervising products and industries that arise from new disruptive technology. This book distills hundreds of hours of interviews with the creators and operators of early digital currency businesses to create detailed case studies of their practices. 
650 0 |a Finance. 
650 0 |a History. 
650 0 |a Economic history. 
650 0 |a Macroeconomics. 
650 0 |a Financial risk management. 
650 0 |a Electronic commerce. 
650 1 4 |a Financial History. 
650 2 4 |a Economic History. 
650 2 4 |a Macroeconomics and Monetary Economics. 
650 2 4 |a Risk Management. 
650 2 4 |a E-Business. 
710 2 |a SpringerLink (Online service) 
773 0 |t Springer Economics and Finance eBooks 2016 English/International   |d Springer Nature 
776 0 8 |i Printed edition:  |z 9781137568694 
776 0 8 |i Printed edition:  |z 9781349935048 
776 0 8 |i Printed edition:  |z 9781349935055 
776 1 |t A History of Digital Currency in the United States 
830 0 |a Palgrave Advances in the Economics of Innovation and Technology,  |x 2662-3870 
856 4 0 |3 Full text available  |z Available in Springer Economics and Finance eBooks 2016 English/International.  |u https://ezproxy.wellesley.edu/login?url=https://link.springer.com/10.1057/978-1-137-56870-0