TRENDS IN THE DEVELOPMENT OF THE CRYPTOCURRENCY MARKET

Abstract

The modernization of technological systems has transformed the financial transactions industry and provided the opportunity to create cryptocurrencies. This article examines the essence of cryptocurrency, its specifics and characteristics, and identifies the positive and negative qualities of this category of means of payment. The purpose of the study is a comprehensive analysis of the directions of development of the cryptocurrency market. The relevance of the presented work is ensured by the rapidly increasing interest of investors in decentralized finance, their popularization, the growth of capitalization and the introduction of regulatory regulation of the cryptocurrency market by government agencies from various countries of the world.