The Development of Cryptocurrencies and the Traditional Banking System: Competition or Complementarity ?

Since the launch of Bitcoin in 2009, the cryptocurrency market has undergone significant changes and is beginning to be accepted by global financial institutions. The increase of public awareness and adoption of crypto is a major factor influencing the development and growth of these digital assets....

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Main Author: Fraij, Aya (author)
Published: 2022
Online Access:https://depot.sorbonne.ae/handle/20.500.12458/1553
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author Fraij, Aya
author_facet Fraij, Aya
author_role author
dc.creator.none.fl_str_mv Fraij, Aya
dc.date.none.fl_str_mv 2022
2024-03-20T05:44:52Z
2024-03-20T05:44:52Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv https://depot.sorbonne.ae/handle/20.500.12458/1553
dc.language.none.fl_str_mv en
dc.title.none.fl_str_mv The Development of Cryptocurrencies and the Traditional Banking System: Competition or Complementarity ?
dc.type.none.fl_str_mv Controlled Vocabulary for Resource Type Genres::text::thesis::master thesis
description Since the launch of Bitcoin in 2009, the cryptocurrency market has undergone significant changes and is beginning to be accepted by global financial institutions. The increase of public awareness and adoption of crypto is a major factor influencing the development and growth of these digital assets. Cryptocurrencies are challenging global commodity currencies and becoming a preferred payment method due to their many advantages. Public perceptions of cryptocurrencies will have an impact on the future development and utilization of cryptocurrencies for global payments. Consequently, the reaction and position of public authorities and central banks towards cryptocurrencies and their associated technology “blockchain” will determine whether crypto acts a source of threat or opportunity to financial institutions.
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language_invalid_str_mv en
network_acronym_str sorbonner
network_name_str Sorbonne University Abu Dhabi repository
oai_identifier_str oai:depot.sorbonne.ae:20.500.12458/1553
publishDate 2022
repository.mail.fl_str_mv
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spelling The Development of Cryptocurrencies and the Traditional Banking System: Competition or Complementarity ?Fraij, AyaSince the launch of Bitcoin in 2009, the cryptocurrency market has undergone significant changes and is beginning to be accepted by global financial institutions. The increase of public awareness and adoption of crypto is a major factor influencing the development and growth of these digital assets. Cryptocurrencies are challenging global commodity currencies and becoming a preferred payment method due to their many advantages. Public perceptions of cryptocurrencies will have an impact on the future development and utilization of cryptocurrencies for global payments. Consequently, the reaction and position of public authorities and central banks towards cryptocurrencies and their associated technology “blockchain” will determine whether crypto acts a source of threat or opportunity to financial institutions.2024-03-20T05:44:52Z2024-03-20T05:44:52Z2022Controlled Vocabulary for Resource Type Genres::text::thesis::master thesisapplication/pdfhttps://depot.sorbonne.ae/handle/20.500.12458/1553enoai:depot.sorbonne.ae:20.500.12458/15532024-03-20T18:00:26Z
spellingShingle The Development of Cryptocurrencies and the Traditional Banking System: Competition or Complementarity ?
Fraij, Aya
title The Development of Cryptocurrencies and the Traditional Banking System: Competition or Complementarity ?
title_full The Development of Cryptocurrencies and the Traditional Banking System: Competition or Complementarity ?
title_fullStr The Development of Cryptocurrencies and the Traditional Banking System: Competition or Complementarity ?
title_full_unstemmed The Development of Cryptocurrencies and the Traditional Banking System: Competition or Complementarity ?
title_short The Development of Cryptocurrencies and the Traditional Banking System: Competition or Complementarity ?
title_sort The Development of Cryptocurrencies and the Traditional Banking System: Competition or Complementarity ?
url https://depot.sorbonne.ae/handle/20.500.12458/1553