CryptocurrencyPresentation

1、THE DEBATE ON VIRTUAL CURRENCY:SHOULD REGULATORS SUPPORT CRYPTOCURRENCY?Regulators should foster the growth of Cryptocurrency ThesisRegulators should make Cryptocurrency illegal to maintain their power over the market Everyday Use Currency Better Risk Management for Banking System Jeopardize Traditi

2、onal Banking System Destabilize Money Supply Promote Criminal ActivityRegulators should foster the growth of Cryptocurrency Cryptocurrency could become an “everyday use” currency01 Transfer money instantaneously Reduced cost for transferring money Easily sending and receiving global paymentsRegulato

3、rs should foster the growth of Cryptocurrency Cryptocurrency better manages risk of banking system02 Limit currency velocity Enhance transparency for AML Shorten the post trade cycleKEEPCALMANDUSE CRYPTOCURRENCYRegulators should foster the growth of Cryptocurrency Everyday Use Currency Risk Manageme

4、nt of Banking Systems ConclusionRegulators should foster the growth of Cryptocurrency ThesisRegulators should make Cryptocurrency illegal to maintain their power over the market Jeopardize Traditional Banking System Destabilize Money Supply Promote Criminal ActivityRegulators should make cryptocurre

5、ncy illegal to maintain their power over the market01Despite being efficient, Cryptocurrency has several downsides compared to the traditional banking system Unemployment in the banking sector No compensation against any disruptive events Actual value for assets of banks or companies will shrink Cen

6、tral bank will lose control over aggregate money supply Regulators should make cryptocurrency illegal to maintain their power over the market02Cryptocurrency can potentially destabilize money supply and harm the economy Anonymity facilitates cyber crimes Freedom to transfer throughout the world Lack of a central intermediaryRegulators should make cryptocurrency illegal to maintain their power over the market03Cryptocurrency has emerged as a new platform that provides criminals the desired channels to hide and wash their money Regulators should make cryptocurrency illegal to maintain their p