Impact of Cryptocurrencies and Their Technological Infrastructure on Global Financial Regulation: Challenges for Regulators and New Regulations

The rise of cryptocurrencies is transforming the landscape of global finance, but their very decentralized nature is triggering unprecedented challenges for regulatory systems. This systematic literature review (SLR) aimed to gather and synthesize information to understand the functioning of cryptocurrencies in relation to their regulatory challenges. The PRISMA (Preferred Reporting Items for Systematic Reviews and Meta-Analyses) methodology supports the rigor of the research, where 50 studies published between 2022 and 2025 were selected in databases such as Scopus, Web of Science, IEEE Xplore and Science Direct. Among the results, it was observed that the continents with the greatest contributions were Europe and Asia, representing 60% and 25% of the studies analyzed, respectively. Likewise, the period with the highest scientific production was the year 2024, with 50% of the manuscripts published. Regarding the analysis of keyword co-occurrence using VOSviewer, it was found that "blockchain" and "cryptocurrency" were the most predominant terms, with 18 and 16 mentions, highlighting their centrality in the academic discussion. Ultimately, the research highlights that cryptocurrencies bring with them major regulatory challenges, such as money laundering and lack of legal clarity, while blockchain emerges as an essential tool to improve the transparency and operability of financial regulation.

@article{Chavez-Perez2025,
  title     = {Impact of Cryptocurrencies and Their Technological Infrastructure on Global Financial Regulation: Challenges for Regulators and New Regulations},
  journal   = {International Journal of Advanced Computer Science and Applications},
  volume    = {16},
  number    = {4},
  year      = {2025},
  publisher = {The Science and Information Organization},
  author    = {Juan Chavez-Perez and Raquel Melgarejo-Espinoza and Victor Sevillano-Vega and Orlando Iparraguirre-Villanueva},
  doi       = {10.14569/IJACSA.2025.0160480},
  url       = {https://doi.org/10.14569/IJACSA.2025.0160480}
}