Which Digital Policies?

Which Digital Policy Page

Virtual and crypto currency policy

details

Why it's needed:

Virtual and crypto currencies and the emerging markets they are creating are a great opportunity for many organizations, but they also are associated with potential risks. With no central government and little to no regulations in place, you ought to consider a myriad of speed bumps in this new currency superhighway. Investor protection, asset security, high value heists, human error and forgetfulness around the intangible nature of asset class make this a vault of risks which you should think about before jumping in.

Key points:

  • A determination on whether and how the organization will begin using virtual currency for business purposes
  • A clear determination from a finance and tax perspective of implications

Read more:

Policy background, how is done: Immediate steps, Documenting and Implementing the policy in "The Power of Digital Policy" book, page:
276

Policy digital maturity stage:

Related policy types: