What drives cryptocurrency acceptance in Malaysia?

Abstract

Despite cryptocurrency is deemed as a core evolution to the field of financial technologies, its legal status remains debatable over the globe. While the Malaysian government has launched cryptocurrency regulations in 2019, it is expected cryptocurrency will still be around in the near future. However, there is a lack of cryptocurrency acceptance study in Malaysia context. The primary goal of this study is to propose a research model that combines cryptocurrency variables with the constructs embedded in the Unified Theory of Acceptance and Use of Technology2 (UTAUT2) to investigate the influencing factors of cryptocurrency acceptance in a developing country context.