Digital Financial Strategy: New Direction or the Usual Old?

Abstract

The development of digital currency through cryptocurrencies left a legal lacuna. This study delves into the relationship between technology and law, namely the legal regulation of technology. In doing so, the author dealing with IoT devices, the blockchain and the challenges caused by cybercrime. The research focus on digital financial strategy, which forms the blockchain-related. This research applying descriptive and comparative method by introducing the technology behind cryptocurrencies and followed by examining the problems with respect to Digital Financial Package of the European Union. The research shows that the digital finance strategy is the most significant comprehensive legislative packages of recent years.