Cryptomarkets represent a growing component of the illicit drugs trade. Australia is over-represented in the proportion of online vendors who use these platforms to reach drug consumers. This study found that vendors perceive less risk of police intervention when selling drugs online, and that the potential for profit exceeds that available when selling drugs offline.

This paper investigates and explains the design choices, mainly technical, but also financial and legal, that central banks will unavoidably encounter in their exploration of central bank digital currencies (CBDCs). Contributing authors include experts in computer science, economics and law, whose research and practical experience has a strong bearing on the design of digital currencies.

This paper provides a brief introduction to cryptocurrency and blockchain.

Bitcoin and its underlying technology present a range of opportunities, but also a number of significant challenges, especially for regulators. Not least of these challenges surround ensuring bitcoin’s fair and effective taxation. In this respect, bitcoin raises two key questions. First, as bitcoin is a new technology, the taxation of which was not foreseen by...