Cryptocurrency regulatory issues in Australia, Malaysia and Indonesia
Monash Business School and Monash University Malaysia present a joint webinar on cryptocurrency regulation in our region.
What are the differing approaches of governments and regulators in Malaysia, Australia and Indonesia to this rapidly developing and often challenging landscape?
Among the issues being grappled with are the very nature of cryptocurrency, regulatory options, law enforcement and taxation.
An often overlooked aspect includes the environmental impact of carbon emissions produced by ‘mining’ for some cryptocurrencies such as Bitcoin.
Hear from Monash Malaysia’s Associate Professor Evgeny Guglyuvatyy and Dr Ridoan Karim and financial regulation expert Associate Professor Michael Duffy, from Monash Business School’s Business Law and Taxation Department. Also presenting is Yayan Riyanto, a Monash PhD candidate and Indonesian tax expert.
Speakers
Dr Evgeny Guglyuvatyy, Associate Professor, Department of Business Law and Taxation, School of Business, Monash University, Malaysia

Dr Guglyuvatyy’s research and publications focus on cryptocurrencies, regulation, taxation and climate change law and policy and forest regulation.
He holds a PhD from UNSW, a Master’s degree in law from the University of Nottingham and a Bachelor's Honours degree in law from Chelyabinsk State University.
He is a member of the Climate Change: Impacts and Responses research network, Australasian Law Teachers Association and Australasian Tax Teachers Association.
Dr Ridoan Karim, Lecturer, Department of Business Law and Taxation, School of Business, Monash University, Malaysia

Dr Karim teaches in business and international trade law, and publishes in peer-reviewed journals in areas including science, technology and law and Asian and comparative law.
He has acted as a Consultant-Fellow in projects funded by the University of Malaya and Monash Data Futures Institute, and a professional trainer with Monash University and the REHDA-Institute Digital Marketing program.
He holds a PhD from the University of Malaya, an MBA from the University of Chichester, an MCL from International Islamic University and an LLB from BRAC University, Bangladesh.
Associate Professor Michael Duffy, Department of Business Law and Taxation, Monash Business School

A/Prof Duffy is director of the Corporate Law, Organisation and Litigation Research Group (CLOL) at Monash Business School, and secretary of the Society of Corporate Law Scholars (SCoLA).
He is a lawyer who has worked in major Australian law firms as an accredited commercial litigation specialist in large litigation and class actions and with the Australian Securities and Investments Commission working on investigations including market disclosure, investment schemes and financial services.
An academic since 2008, Michael’s publishes on ASIC law, company and shareholder law, class actions and regulation of financial products such as litigation funding and digital currency.
Yayan Riyanto, PhD candidate, Department of Business Law and Taxation, Monash Business School

Mr Riyanto is a taxation law specialist with an interest in the taxation of cryptocurrencies who holds positions with the Directorate General of Taxes (Indonesia), and is a current PhD candidate.
His PhD research focuses on taxation issues in relation to cryptocurrency. He holds a Master’s degree in business analytics from the University of Colorado Boulder and a Bachelor’s degree in accounting from STAN Polytechnic of State Finance, Indonesia.
Within the tax authority, he has undertaken various tasks, including state revenue payment reform, third-party data management, and business process improvement.
Chair and moderator
Estelle Wallingford, Lecturer, Department of Business Law and Taxation, Monash Business School

Ms Wallingford is a PhD candidate in the Monash Faculty of Law researching the assignment of liability in the context of modern artificial Intelligence.
Her research interests also extend to legal issues concerning technology more broadly, including the metaverse, non-fungible tokens (NFTs), data, and privacy.
Previously, she has worked as a lawyer in a multinational corporate law firm, having worked on large financial regulatory cases including the 2018 Australian Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.
She also worked to represent clients in complex bankruptcy, insolvency, and litigation cases.
Organised by
Corporate Law, Organisation and Litigation (CLOL) Research Group, Department of Business Law and Taxation, Monash Business School.
Event Details
- Date:
- 8 November 2023 at 4:00 pm – 5:00 pm
- Categories:
- Alumni; Business Law and Taxation; General
Description
Monash Business School and Monash University Malaysia present a joint webinar on cryptocurrency regulation in our region.
What are the differing approaches of governments and regulators in Malaysia, Australia and Indonesia to this rapidly developing and often challenging landscape?
Among the issues being grappled with are the very nature of cryptocurrency, regulatory options, law enforcement and taxation.
An often overlooked aspect includes the environmental impact of carbon emissions produced by ‘mining’ for some cryptocurrencies such as Bitcoin.
Hear from Monash Malaysia’s Associate Professor Evgeny Guglyuvatyy and Dr Ridoan Karim and financial regulation expert Associate Professor Michael Duffy, from Monash Business School’s Business Law and Taxation Department. Also presenting is Yayan Riyanto, a Monash PhD candidate and Indonesian tax expert.
Speakers
Dr Evgeny Guglyuvatyy, Associate Professor, Department of Business Law and Taxation, School of Business, Monash University, Malaysia

Dr Guglyuvatyy’s research and publications focus on cryptocurrencies, regulation, taxation and climate change law and policy and forest regulation.
He holds a PhD from UNSW, a Master’s degree in law from the University of Nottingham and a Bachelor's Honours degree in law from Chelyabinsk State University.
He is a member of the Climate Change: Impacts and Responses research network, Australasian Law Teachers Association and Australasian Tax Teachers Association.
Dr Ridoan Karim, Lecturer, Department of Business Law and Taxation, School of Business, Monash University, Malaysia

Dr Karim teaches in business and international trade law, and publishes in peer-reviewed journals in areas including science, technology and law and Asian and comparative law.
He has acted as a Consultant-Fellow in projects funded by the University of Malaya and Monash Data Futures Institute, and a professional trainer with Monash University and the REHDA-Institute Digital Marketing program.
He holds a PhD from the University of Malaya, an MBA from the University of Chichester, an MCL from International Islamic University and an LLB from BRAC University, Bangladesh.
Associate Professor Michael Duffy, Department of Business Law and Taxation, Monash Business School

A/Prof Duffy is director of the Corporate Law, Organisation and Litigation Research Group (CLOL) at Monash Business School, and secretary of the Society of Corporate Law Scholars (SCoLA).
He is a lawyer who has worked in major Australian law firms as an accredited commercial litigation specialist in large litigation and class actions and with the Australian Securities and Investments Commission working on investigations including market disclosure, investment schemes and financial services.
An academic since 2008, Michael’s publishes on ASIC law, company and shareholder law, class actions and regulation of financial products such as litigation funding and digital currency.
Yayan Riyanto, PhD candidate, Department of Business Law and Taxation, Monash Business School

Mr Riyanto is a taxation law specialist with an interest in the taxation of cryptocurrencies who holds positions with the Directorate General of Taxes (Indonesia), and is a current PhD candidate.
His PhD research focuses on taxation issues in relation to cryptocurrency. He holds a Master’s degree in business analytics from the University of Colorado Boulder and a Bachelor’s degree in accounting from STAN Polytechnic of State Finance, Indonesia.
Within the tax authority, he has undertaken various tasks, including state revenue payment reform, third-party data management, and business process improvement.
Chair and moderator
Estelle Wallingford, Lecturer, Department of Business Law and Taxation, Monash Business School

Ms Wallingford is a PhD candidate in the Monash Faculty of Law researching the assignment of liability in the context of modern artificial Intelligence.
Her research interests also extend to legal issues concerning technology more broadly, including the metaverse, non-fungible tokens (NFTs), data, and privacy.
Previously, she has worked as a lawyer in a multinational corporate law firm, having worked on large financial regulatory cases including the 2018 Australian Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.
She also worked to represent clients in complex bankruptcy, insolvency, and litigation cases.
Organised by
Corporate Law, Organisation and Litigation (CLOL) Research Group, Department of Business Law and Taxation, Monash Business School.