The "anarchic" dream of cryptocurrencies, the risks of disintermediation and the need for rules on the new frontier of technological innovation

The paper analyzes the regulatory challenges and risks of cryptocurrencies and digitalization in the context of taxation and international financial regulation. Cryptocurrencies were created to escape traditional rules, fueling a perception of anarchy. The rapid economic evolution of cryptocurrencies requires regulatory adaptation to protect fairness and fiscal sovereignty. Cryptocurrencies are virtual currencies based on blockchain technology, generated through mining and lacking central regulation. Trust is based on technology, but high volatility and the risk of hacking compromise user security.