China’s Influence on Cryptocurrencies and their Recent Regulations (eBook)

eBook Download: PDF

2020 | 1. Auflage
18 Seiten
GRIN Verlag
978-3-346-09978-5 (ISBN)

Infos

Seminar paper from the year 2017 in the subject Computer Sciences - Cryptocurrency, grade: 82, Cologne Business School Köln, language: English, abstract: China is known as one of the biggest participators in the market of digital currencies but also as one of the most regulating countries in the world. This research paper analyses the influence of China on digital currencies and deals with the question whether the recent regulation enforced by the Chinese government had any impact on the global market. For this purpose, I evaluated if any regulation imposed is related to a change of the market value or trading volume of cryptocurrencies.

Cryptocurrencies and the technology evolving around it are receiving a lot of attention in the recent years. Since the release of the first Blockchain based cryptocurrency - Bitcoin - in the year of 2009, more than 1285 cryptocurrencies have been created. The vast majority of those with moderate success. With a market capitalization of over $163.5 Billion as of today, cryptocurrencies have an immense impact on today’s financial markets. That led the financial institutions and governments pushing in the direction of more regulation and better control of this decentralized market.

Produkt-Details

• Erscheint lt. Verlag: 20.1.2020
• Verlagsort: München
• Sprache: englisch
• Themenwelt: Mathematik / Informatik ► Informatik
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management
• Schlagworte: China • Cryptocurrency • Finance • Laws
• ISBN-10: 3-346-09978-4 / 3346099784
• ISBN-13: 978-3-346-09978-5 / 9783346099785