http://dx.doi.org/10.17176/20180302-101005 https://verfassungsblog.de/cryptocurrencies-a-sandbox-for-regulators/ Cryptocurrencies: A ‘Sandbox for Regulators’? Goldmann, Matthias Pustovit, Grygoriy eng 2018-03-02 electronic resource text/html ddc:342 Cryptocurrencies Financial Regulation Verfassungsblog Verfassungsblog--2366-7044 CC BY-NC-ND 4.0 By thinking loudly about putting the regulation of cryptocurrencies on the agenda of the G20, governments seem to have managed to keep the Bitcoin bubble from inflating into a systemic risk, so far. In a tongue-in-cheek sense, this behavior of supervisory and regulatory authorities can be described as the distributed ledger technology of financial supervision. It is distributed because it does not have a clear center. The G20 seems to be the common reference point for many actors, but it does not speak itself. It is like a shared code.