TY  - JOUR
A1  - Denk, Lucas
T1  - Consumer protection regarding stablecoins
T2  - Frankfurt Law Review : Rechtswissenschaftliche Zeitschrift von Studierenden der Goethe-Universität Frankfurt am Main. 2. Jahrgang. 01/2024
N2  - Virtual currencies have gained popularity as part of the digital transformation of the financial system. In particular stablecoins are becoming increasingly popular with consumers. The tokens, which are pegged to a value and - according to their name - promise price stability, pose significant risks from which consumers need to be protected. This article focuses first on consumerspecific risks (B.) and German consumer protection law and in particular on the applicability of a right of withdrawal from the acquisition of stablecoins (C.). Subsequently, the EU legislator’s effort to minimize price stability as well as transparency and exchangeability risks, the Markets in Crypto-assets Regulation (2023/1114), is examined in terms of its consumer protection instruments (D.).
KW  - Stablecoins
KW  - Virtual Currencies
KW  - Tokens
KW  - Crypto-Assets
KW  - Financial Regulation
KW  - MICAR
KW  - Consumer Protection
KW  - Right of Withdrawal
Y1  - 2024
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/83612
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-836121
SN  - 2940-7109
VL  - 2
IS  - 1
SP  - 29
EP  - 37
PB  - Goethe-Universität Frankfurt a.M.
CY  - Frankfurt am Main
ER  -