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Article

Crypto currency – a virtual phenomenon which can destabilize financial markets

Anatoliy Zahorodniy Halyna Partyn
Abstract

The article considers the essence of a new financial instrument – the crypto currency, which is a kind of electronic money, its essence, specific features, the classification of types, advantages and disadvantages of traditional currencies, as well as prospects for further development of crypto currencies from the point of view of their impact on financial markets

Keywords

financial markets, financial instruments, electronic money, Bitcoin, crypto currency, advantages and disadvantages of the crypto currency, impact of crypto currencies on the stability of financial markets

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Received 05.02.2018, Revised 14.03.2018, Accepted 25.09.2018

Retrieved from Vol. 5, No. 2, 2018

Suggested citation

Zahorodniy, A., & Partyn, H. (2018). Crypto currency – a virtual phenomenon which can destabilize financial markets. Economics, Entrepreneurship, Management, 5(2), 59-66. https://doi.org/10.23939/eem2018.02.059

https://doi.org/10.23939/eem2018.02.059

Pages 59-66

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