Explain how a small country’s (such as Iceland) banking industry and monetary policy might be affected by crowdfunding and virtual currency such as Bitcoin.
Explain how a small country’s (such as Iceland) banking industry and monetary policy might be affected by crowdfunding and virtual currency such as Bitcoin.
Chapter 1 – Read the case “Crowdfunding in Kenya” on page 19 and Chapter 2 – Read the case “Iceland—a Small Country in a Global Crisis” on page 49.
Then research information on virtual currency and Bitcoin (be sure you provide appropriate APA citations). For this discussion, explain how a small country’s (such as Iceland) banking industry and monetary policy might be affected by crowdfunding and virtual currency such as Bitcoin. In your discussion, consider whether crowdfunding and Bitcoin are free markets that are not government regulated.
(Paper should be minimum two pages in APA format with in text citation and references).
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Reference textbook:
Eiteman, David K. Stonehill, Arthur I., & Moffett, Michael H., (2016). Multinational
Business Finance, 14th Edition. [Bookshelf Online]. Retrieved from
https://online.vitalsource.com/#/books/9780133880106/
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