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Bitcoin's Transition from Commodity to Regulated Currency: Implications and Challenges

Mboungou Mouyabi Seke*

University of the Witwatersrand, Johannesburg, South Africa.

Periodicity:January - June'2025

Abstract

Bitcoin was once seen mainly as a risky investment or a tradeable item. But now, many countries are starting to treat it like real money, with proper rules and regulations. This change affects how people and businesses use Bitcoin and how it fits into regular financial systems. This study looks at how the rules around Bitcoin are changing and what it means for its future as a currency. It also explores the benefits and challenges of this shift for users, companies, and governments. It also examines Bitcoin's price changes, market behavior, and whether it can truly work as everyday money. Overall, it offers insights into how Bitcoin is becoming a regulated currency and what that means for the future of cryptocurrencies.

Keywords

Bitcoin, Cryptocurrency, Regulation, Currency, Commodity.

How to Cite this Article?

Seke, M. M. (2025). Bitcoin's Transition from Commodity to Regulated Currency: Implications and Challenges. International Journal of Communication and Networking System, 14(1), 1-16.

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Bitcoin's Transition from Commodity to Regulated Currency: Implications and Challenges

Abstract

Keywords

How to Cite this Article?

References

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