🌍📱👉COPY LINK & PASTE ON GOOGLE https://9to5mac.org/after-verification-click-go-to-download-page👈 Remove unwanted fragments, move sections around, add titles and transitions, apply filters, upload music, add your own voiceover, and much more! You can save your movie for viewing on your PC, mobile device, or even 4K TV—upload video to YouTube right from the program.

1. Cryptocurrency
Exploring Money and Banking in the Digital Age

2. Introduction
This presentation covers the essentials of
cryptocurrency, including its definition, types,
impact on banking, and regulatory landscape.

3. Overview
01

4. Definition of Cryptocurrency
Cryptocurrency is a digital or virtual currency that uses cryptography for
security, making it difficult to counterfeit. Unlike traditional currencies, it
operates on technology known as blockchain, which is a decentralized
ledger that records all transactions across a network of computers.

5. History of Cryptocurrency
The journey of cryptocurrency began with the creation of Bitcoin in 2009,
introduced by an anonymous person or group known as Satoshi
Nakamoto. Over the years, thousands of alternative cryptocurrencies
(altcoins) emerged, each introducing unique functionalities and
innovations. The market has experienced significant growth and
adoption, transforming the financial landscape.

6. Importance in Modern Banking
Cryptocurrency offers new opportunities for financial inclusion,
faster transactions, and lower fees. It challenges traditional
banking systems, creating an environment for innovation in
payment systems and financial products. Banks are exploring
blockchain technology for improved efficiencies and security.

7. Types
02

8. Bitcoin and Major Altcoins
Bitcoin, created in 2009, is the first and most well-known
cryptocurrency. Major altcoins like Ethereum, Litecoin, and Ripple
have introduced new features and technological advances, enabling
smart contracts, faster transaction speeds, and improved scalability.
Each cryptocurrency serves different purposes within the market.

9. Stablecoins
Stablecoins are cryptocurrencies designed to minimize price
volatility by being pegged to an underlying asset, usually a fiat
currency like the US dollar. This stabilizing mechanism makes
them ideal for transactions and retaining value, thus encouraging
broader adoption in everyday banking and commerce.

10. Decentralized Finance (DeFi)
Decentralized Finance (DeFi) refers to financial services that operate on
blockchain technology without intermediaries. DeFi allows users to lend,
borrow, and trade assets in a decentralized manner, offering transparency
and accessibility. It is reshaping how users interact with money and
financial services.

11. Impact
03

12. On Traditional
Banking
Cryptocurrency poses a significant challenge to traditional banking by providing
alternative means of transaction and storage of value. Banks must adapt to
decentralized systems to remain competitive. Moreover, cryptocurrencies provide
increased efficiency, lower transaction costs, and the potential to reach unbanked
populations, which could shift power dynamics within the financial sector.

13. On Financial Transactions
Cryptocurrency enables peer-to-peer transactions without the need for
intermediaries. This reduces costs and increases transaction speed.
Cryptocurrencies can be transferred globally with minimal fees,
allowing for international transactions to occur almost instantaneously,
transforming how people conduct transactions across borders.

14. On Global Economy
Cryptocurrency has the potential to reshape the global economy by
creating new markets and opportunities for innovation. It encourages
capital flow across borders and fosters entrepreneurship. However, the
volatility of cryptocurrencies can also lead to economic instability if not
managed properly. Policymakers must adapt to this evolving landscape to
harness its benefits responsibly.

15. Regulation
04

16. Current Regulatory Landscape
Regulation of cryptocurrency varies greatly by country, with some nations
embracing it and others imposing strict bans. Regulations affect
exchanges, Initial Coin Offerings (ICOs), and decentralized finance
platforms. Ongoing discussions at international levels seek to create a
coherent framework for managing cryptocurrencies while fostering
innovation and protecting consumers.

17. Challenges in Regulation
Regulators face difficulties due to the borderless nature of
cryptocurrencies, making enforcement complex. Issues such as
determining the classification of tokens, maintaining consumer
protection, and preventing illegal activities like money laundering are
major challenges. The rapid evolution of technology complicates the
establishment of effective regulatory frameworks.

18. Future of
Regulation
The future of cryptocurrency regulation is likely to focus on fostering innovation
while ensuring consumer protection and financial stability. Collaborations
between governments, financial institutions, and the crypto industry may lead
to clear guidelines. Innovations like central bank digital currencies (CBDCs)
could also influence the regulatory landscape going forward.

19. Risks
05

20. Volatility Risks
Cryptocurrencies are known for their price volatility, with significant
price swings occurring frequently. Investors can experience rapid
gains or losses, making them a high-risk investment. This volatility
can deter users from adopting cryptocurrencies for everyday
transactions, as stable value is crucial for spending and saving.

21. Security Risks
Security breaches, hacks, and thefts have plagued the cryptocurrency
space, undermining user trust. Wallets, exchanges, and DeFi
platforms are often targeted by cybercriminals. It is crucial for users
to adopt robust security measures and for platforms to implement
improved security protocols to protect assets and maintain credibility.

22. Fraud and Scams
The rise of cryptocurrency has also given way to various scams, including
Ponzi schemes, phishing attacks, and fraudulent ICOs. Users must be
vigilant and educated to differentiate between legitimate projects and
scams. Regulatory measures and consumer education can help mitigate
these risks and protect investors.

23. Conclusions
Cryptocurrency presents both opportunities and challenges for the
banking sector, financial transactions, and the global economy. As it
continues to evolve, effective regulation and education are essential in
managing risks and fostering a healthy relationship between
cryptocurrencies and traditional financial systems.

24. CREDITS: This presentation template was created by Slidesgo, and
includes icons by Flaticon, and infographics & images by Freepik
Thank you!
Do you have any questions?