Digital Currency Assets and Challenges to Financial System Stability

In today’s rapidly changing financial landscape, a formidable challenge looms large—digital currencies. The surge in popularity of virtual currencies has sparked a global debate, captivating the attention of investors, regulators, and scholars alike. However, a pressing concern persists amidst this digital revolution: the potential for unregulated digital currencies to facilitate the laundering of illicit funds, ranging from organized crime profits to terrorism financing and government corruption. This growing threat not only jeopardizes the integrity of our financial systems but also disrupts the socioeconomic and political order as we know it. Digital Currency Assets and Their Impact on Financial System Stability is the key to unlocking a profound understanding of the challenges posed by digital currencies and, more importantly, discovering intelligent solutions to safeguard our financial ecosystem. With meticulous research and expert insights, this book embarks on a comprehensive exploration of digital currencies’ structure, potential disruptions, and capacity to reshape the financial landscape. Is it the primary objective? To provide a platform for scholars, investors, regulators, and researchers to delve into the risks, dangers, and threats stemming from unregulated digital currencies and to propose innovative strategies for mitigating these challenges. This book transcends traditional boundaries, making it an indispensable resource for diverse audiences. Academic scholars will find an invaluable source of knowledge to deepen their understanding of the digital currency landscape. Investors, whether digital currency enthusiasts or traditional financiers, will discover essential insights to navigate this uncharted territory. Regulators and central banks will gain vital perspectives to inform their policies and approaches in an evolving financial world. Researchers will uncover a rich trove of data and analysis to fuel their investigations. This book stands as a beacon of knowledge, guiding us through the complex realm of digital currencies, revealing hidden threats, and offering a path toward a safer, more resilient financial future.

Author Biography

Adekunle Alexander Balogun is an academic and researcher in the field of finance. He has a PhD in Finance and currently lectures in the Department of Banking and Finance, University of Ibadan, Nigeria. Balogun had over a decade and half career in banking, corporate finance, consulting and financial advisory services. His research interests are in corporate finance, fiscal and monetary policies and energy and infrastructural finance. Yusuf Olatunji Oyedeko holds PhD in Finance with a research interest in asset pricing, Islamic finance and sustainable finance. He has taught many courses in the area of finance which include; financial econometrics, basic econometric in finance, theory of corporate finance, investment and among others. He owns a high reputation in training contemporary researchers on the use of software such as SPSS, STATA, OXMETRIX, E-VIEWS, and EXCEL. He is an ardent supporter of moral philosophy that adds value to human.