Cryptocurrencies: Their Origin and Development In Brief With the rapid technological advancement in the world of communications, the continuous development in financial transactions has also experienced a new evolution represented by the emergence of new types of money. The underlying goal was to facilitate operations and reduce the loss of time, effort, and money. As a result, what is known as digital or encrypted currencies emerged. Digital currencies have provided a new perspective on financial transactions that do not require the presence of financial intermediary institutions and are also free from the oversight of central banks.
Digital currencies have successfully established themselves in the global financial market, and despite their ongoing risks, they remain dominant in the minds of many in the field of money trading and stock exchanges. This research clarifies the definition of digital currencies, their origin and development, the reasons for their spread, the reality of dealing with them, an overview of international recognition, as well as the risks associated with using digital currencies, along with some recommendations for regulating dealings with digital currencies #Walletconnecet $BTC $ETH $WCT
