Gaps in Cryptocurrencies Regulation: A Multidimensional Embeddedness Frame

I suggest a synthetic research strategy, aiming at examining how various dimensions of social embeddedness in attempting to influence the emerging field of cryptocurrency regulation. are mitigated, contradict one another, or enhance each other's impact. I demonstrate this frame by examining the congruity manifested in the relations between four aspects of social embeddedness of the cryptocurrency market: cognitive, structural, institutional, and infrastructural. The findings are drawn from a four years multi-sited ethnographic study of the Israeli Bitcoin community and from a continuing netnographic inquiry into the global cryptocurrencies’ online eco-system. I argue that this synthetic analytic strategy productively efficacious for the examination of market boundaries, and intersecting impacts of various societal factors on market performativity. It is especially useful to scrutinize the intersthe ection between the moral valuation of goods and flows, institutional barriers, and the political economy. This frame contributes to our comprehension of the inter-relations between various dimensions of embeddedness, as well as the analysis of the multi-facet embeddedness of a newly regulated market.