Cryptocurrency and the Future of Financial Markets: A Mini Review

Abstract

The rapid evolution of cryptocurrency has significantly influenced global financial markets, raising questions about its potential role in the future financial landscape. This review explores the fundamental aspects of cryptocurrency, its impact on traditional financial institutions, regulatory challenges, and prospects for widespread adoption. The discussion covers the role of blockchain technology, decentralization, and financial inclusivity. While cryptocurrencies promise enhanced security, transparency, and efficiency, concerns regarding volatility, regulatory frameworks, and security threats remain. The paper concludes by highlighting future research directions and policy recommendations to navigate the evolving financial ecosystem shaped by digital assets.