Regulations, Potentials and Risks of Cryptocurrencies

 
 
GRIN Verlag
  • 1. Auflage
  • |
  • erschienen am 13. August 2020
  • |
  • 23 Seiten
 
E-Book | PDF ohne DRM | Systemvoraussetzungen
978-3-346-22404-0 (ISBN)
 
Academic Paper from the year 2019 in the subject Economics - Finance, grade: 1,0, Boston University, language: English, abstract: It is the objective of this paper to elaborate on what Cryptocurrencies are and which potentials they bear. At first, an overview of the current Cryptocurrency market is given before the current financial system is explained, in order to understand the different nature of Cryptocurrencies. This is followed by the analysis of regulations of virtual coins in the United States, Europe, and China. Moreover, four main potentials of Cryptocurrencies will be examined before general risks will be explained. To end, a conclusion and an outlook of the Cryptocurrency environment is given. Cryptocurrencies are a phenomenon which has recently conquered the financial market. While Digitization processes are continuously disrupting the sector, Cryptocurrencies are the latest evolvement. During their presence of the last ten years, they remained generally uncontrolled and unregulated by financial authorities. They do not have any company or government issuing them and rather serve as an independent, peer-to-peer medium of exchange. They are virtual tokens which are stored and distributed on a so-called Distributed Ledger, the Blockchain, on which every participant of the network obtains the latest version in an encrypted format. The market of Cryptocurrencies has witnessed high fluctuations and the appearance of new currencies, reaching its ultimate peak at the beginning of 2018. Since traditional measures do not work and these coins, since they are privately created and do not have an underlying asset, it is hard for financial authorities to regulate or even predict the movement of Cryptocurrencies. However, various potentials exist, which may change the financial system by the regulated implementation and acceptance of virtual coins.
  • Englisch
  • 0,85 MB
978-3-346-22404-0 (9783346224040)
weitere Ausgaben werden ermittelt
Jaby Felix Coronel, born in 1995 in Germany, graduated from Boston University in 2019 with a Master of Science degree (M.Sc.) in Financial Management. Previously, he obtained a Master of Arts degree (M.A.) in International Business (Finance & Innovation) as well as a Bachelor of Arts degree (B.A.) in International Business (Governance & Marketing) from Munich Business School. During his undergraduate studies, he also attended the Centro Universitario Villanueva in Economía Internacional in Madrid. Jaby Felix Coronel currently lives and works as a consultant in the financial sector in Munich, Germany.

Dateiformat: PDF
Kopierschutz: ohne DRM (Digital Rights Management)

Systemvoraussetzungen:

Computer (Windows; MacOS X; Linux): Verwenden Sie zum Lesen die kostenlose Software Adobe Reader, Adobe Digital Editions oder einen anderen PDF-Viewer Ihrer Wahl (siehe E-Book Hilfe).

Tablet/Smartphone (Android; iOS): Installieren Sie die kostenlose App Adobe Digital Editions oder eine andere Lese-App für E-Books (siehe E-Book Hilfe).

E-Book-Reader: Bookeen, Kobo, Pocketbook, Sony, Tolino u.v.a.m. (nur bedingt: Kindle)

Das Dateiformat PDF zeigt auf jeder Hardware eine Buchseite stets identisch an. Daher ist eine PDF auch für ein komplexes Layout geeignet, wie es bei Lehr- und Fachbüchern verwendet wird (Bilder, Tabellen, Spalten, Fußnoten). Bei kleinen Displays von E-Readern oder Smartphones sind PDF leider eher nervig, weil zu viel Scrollen notwendig ist. Ein Kopierschutz bzw. Digital Rights Management wird bei diesem E-Book nicht eingesetzt.

Weitere Informationen finden Sie in unserer E-Book Hilfe.


Download (sofort verfügbar)

14,99 €
inkl. 5% MwSt.
Download / Einzel-Lizenz
PDF ohne DRM
siehe Systemvoraussetzungen
E-Book bestellen