Deciphering the Cryptocurrency Impact on Tourism Dynamics: Legal Insights from Spain, France, Croatia, and The Netherlands

KUPI, Marcell [Kupi, Marcell (Digitális turizmus), szerző] Turizmus és Vendéglátás Tanszék (SZE / KGYK); KUNDI, Viktória [Kundi, Viktória (turizmus, jog, re...), szerző] Turizmus és Vendéglátás Tanszék (SZE / KGYK); SZABÓ, Tamás [Szabó, Tamás (jog, nemzetközi m...), szerző]

Angol nyelvű Szakcikk (Folyóiratcikk) Tudományos
Megjelent: GEOJOURNAL OF TOURISM AND GEOSITES 2065-1198 2065-0817 18 (58) pp. 422-432 2025
  • SJR Scopus - Conservation: Q1
The research delves into the nexus between cryptocurrencies and touristic activity, with a special focus on the facetof legal regulations. The study's objective is to fathom how cryptocurrencies influence the tourism sector, how legal standar dsbear on transactions involving cryptocurrencies within the tourism industry, and to what extent they render the adoption ofcryptocurrencies in tourism feasible. The principal aim is to unravel the interconnection between the employment ofcryptocurrencies in tourist services and its concurrent legal governance in four handpicked countries: Spain, France, Croatia,the Netherlands The investigation encompasses, on the one hand, the exploration of legal case studies and, on the other, theevaluation of hypotheses using clustering neural networks to dissect the interrelation between cryptocurrencies and tourism.Clustering was achieved through SOM and PCA methodologies, which, in unison, proffer profound insights into the data'sarchitecture and interconnectedness. The data was collected by scraping with an API key, allowing us to examine allcryptocurrency acceptance points by category in each country. During this process, we employed a big data setup. Theresearch underscores that blockchain technologies, including but not limited to Ethereum's advancements that extend beyondjust Bitcoin, are steadily gaining a more influential role in tourism. Furthermore, legal guidelines, especially within the E U,have a significant influence on transactions and operations associated with these digital assets. This becomes paramount as, inthe scrutinised region, the count of cryptocurrency and blockchain acceptance venues correlates with the vigour of tourism.Blockchain technologies, which transcend just the realm of Bitcoin and encompass advances like Ethereum, are progressivelyplaying a pivotal role in tourism sector. Legal regulations emerge as a cardinal determinant in the governance of blockchainand cryptocurrency-related transactions and operations. The interplay between tourism and these technologies calls for furtherinvestigation, especially against the backdrop of a mutable legal environment. However, a conclusion can be drawn regardingits multiplicative impact on the economic pulse of the tourism sector.
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2026-10-09 01:19