About Jacinta Bernadette Rico ShirakawaJacinta Bernadette Rico Shirakawa is an Assistant Professor at Waseda University, Tokyo.
Currently at the frontier of financial development, cryptocurrency provides both opportunities and risks in financial markets and has driven a large interest in its early years. The new business model provided by cryptocurrency along with the exponential increases in its prices may have enticed investors, with many utilizing cryptocurrency as a speculative asset to take advantage of the early gains. However, the subsequent crash in prices provided a wake-up call to speculators dealing with cryptocurrency.
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