TY - GEN T1 - Global bitcoin markets and local regulations. T2 - Economic working papers. A1 - Park,Cyn-Young LA - English PP - Manila PB - Asian Development Bank YR - 2020 UL - https://ds.mainlib.upd.edu.ph/Record/UP-99796217613708004 AB - It finds that local government regulations only have a short lived impact on the Bitcoin price but discourage longer term trading activities in local markets. The paper also finds that the repressive effect of domestic regulations on trading activities can be mitigated by domestic financial market openness. It documents consistent evidence that Bitcoin markets are globally integrated but international cooperation is essential to uphold market integrity. KW - Finance. KW - Information technology : Finance. KW - Electronic book. ER -