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Full-Text Articles in Law
A Coffee Break For Bitcoin, Margaret Ryznar
A Coffee Break For Bitcoin, Margaret Ryznar
Indiana Law Journal
For many, the appeal of bitcoin is in its detachment from government regulation. However, the Coffee bonding theory, which initially arose in the context of foreign stocks, suggests certain benefits of regulation for bitcoin, including increased legitimacy. By invoking the Coffee bonding theory, this Article offers another perspective on the regulation of bitcoin.
Regulating On The Fringe: Reexamining The Link Between Fringe Banking And Financial Distress, Jim Hawkins
Regulating On The Fringe: Reexamining The Link Between Fringe Banking And Financial Distress, Jim Hawkins
Indiana Law Journal
Critics of fringe banking—products like payday loans, pawn loans, and rent-toown leases—frequently argue that these products cause borrowers to experience financial distress. This argument has enormous intuitive appeal: Fringe credit is very costly, and usually the borrowers who use it are already in a serious financial bind. Taking on additional debt and paying high prices for it, the reasoning goes, drive them over the brink. Surprisingly, however, linking financial distress to fringe banking is extremely difficult to do. This Article represents the first attempt to uncover the relationship between fringe banking and financial distress by systematically analyzing the structure of …