Effect of Cryptocurrency Trading and Monetary Corrupt Practices on Nigerian Economic Performance

Fakunmoju, Segun Kamoru; Banmore, Olawale; Gbadamosi, A. A.; Okunbanjo, Olajide Idowu

doi:10.21512/bbr.v13i1.7305

Cited by 8 publications

(2 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Stolp et al (2018) and Ajayi et al (2023) reported that the CBN warned financial institutions and the general public about using, Journal of Internet and Digital Economics holding and trading virtual currencies. The motivation for the position of the CBN was that the value of cryptocurrencies was highly volatile and that Nigerians could be exploited by criminals and terrorists (Fakunmoju et al, 2022). In the face of the CBN warning, some Nigerians lost about $50m in a Bitcoin-related Ponzi scheme in 2017.…”

Section: Crypto Regulation In Nigeriamentioning

confidence: 99%

A survey of attitudes, behaviors and experiences of Nigerian investors in cryptocurrencies

Ayadi,

Paseda,

Oke

et al. 2024

JIDE

View full text Add to dashboard Cite

Purpose Given the many activities of Nigerian investors in the crypto ecosystem, this paper investigates the level of their awareness, attitudes, risk tolerance, experience, reasons for investing and level of financial literacy.Design/methodology/approach The research approach is based on a self-administered questionnaire. The Organization for Economic Cooperation and Development (OECD) permitted the use of its reliable and validated survey instrument, administered in Malaysia, the Philippines and Vietnam in 2019. The results are tabulated and analyzed.Findings The key results include the participation of respondents, who are generally young males, not fully financially literate but risk-averse. Many held the false view that investing in global markets is a higher risk than in national markets. Their reasons for investing in crypto include the fear of missing out on good opportunities and the desire to have fun. The results also revealed that social media, conversations with non-experts and online articles are among the most used investment information sources, highlighting the role of digital platforms and informal discussions in shaping perceptions and knowledge about cryptocurrencies. Investments in cryptos are financed through savings, regular monthly budgets or borrowed from friends or family. As for specific attitudes to risk, the results suggest that for most respondents, preserving their invested capital is of paramount importance.Originality/value The importance of this research also resides in the possibility of comparing the crypto ecosystem in Asia with Nigeria because the same OECD data instrument is employed in data collection. Moreover, this study is the most comprehensive research about Nigerian investors in cryptocurrencies.

show abstract

Section: Crypto Regulation In Nigeriamentioning

confidence: 99%

A survey of attitudes, behaviors and experiences of Nigerian investors in cryptocurrencies

Ayadi,

Paseda,

Oke

et al. 2024

JIDE

View full text Add to dashboard Cite

show abstract

“…Second, in the field of technology or business. Trade secret provisions in the RD Law are actually formulated broadly (extensive) which not only relates to business practices, but also includes technology (Fakunmoju et al, 2022) (Trequattrini et al, 2022). This can be understood because in the development of modern business, technology also has a profit oriented where various aspects of technology are oriented to get profits (Kurniawan et al, 2023).…”

Section: The Orientation On Propriety Crime As a Form Of Trade Secret...mentioning

confidence: 99%

Violation Of Properity As A Form Of Trade Secret Violation: Orientation And Construction

Suhardin,

Khuan,

Suryadi

et al. 2023

J.D.Hk.

View full text Add to dashboard Cite

Trade secret is one of the intellectual property that must be protected. This relates to the existence of a company whose economic activities are based on trade secrets. Problems related to trade secrets are trade secret violations which are only formulated as violations of positive law provisions. In fact, in the era of modern business development there is a potential for violations of trade secrets that have not been accommodated by positive law. This study aims to analyze as well as construct aspects of a violation of decency as a form of violation of trade secrets. This research is a normative legal research that uses a concept, case, and statutory approach. The results of the study confirm that the orientation of a violation of decency as a form of trade secret violation can be carried out through extensive interpretation related to expanding the meaning of "laws and regulations" which has a broader meaning, namely "in accordance with legal provisions". There are two orientations of legal construction, namely short term and long term. The orientation of short-term legal construction is carried out by expanding the meaning of violating trade secrets not only contrary to positive law, but also including violations of decency that develop in society. The long-term orientation is that it is necessary to revise the provisions of trade secret law in order to keep abreast of developments in the growing business world.

show abstract

Green cryptocurrency and business strategies: Framework and insights from a stewardship literature review

Arora,

Kapoor,

Singh

et al. 2024

Bus Strat Env

View full text Add to dashboard Cite

This study critically evaluates the extant research on green cryptocurrency (GC). It incorporates the systematic literature review (SLR) approach of research executed through the analysis and compilation of 54 relevant studies. The focus is on identifying and interpreting the thematic foci and existing gaps about GC to inform potential areas of future research. The SLR findings aggregated the research around key themes: interconnectedness, portfolio diversification, environmental impact, green blockchain, behavioral impact, and regulatory policy. Additionally, the study develops the research profile of the selected studies in terms of data analysis methodology, research findings, variables investigated, and critical knowledge gaps in the literature corpus. The study proffers an integrated framework and actionable inferences for supporting the merits of novel research and regulatory project applications in GC. It is crucial for understanding and advancing research in the GC domain, which currently has scant academic literature and efforts toward sustainable investment.

show abstract

Effect of Cryptocurrency Trading and Monetary Corrupt Practices on Nigerian Economic Performance

Cited by 8 publications

References 0 publications

A survey of attitudes, behaviors and experiences of Nigerian investors in cryptocurrencies

A survey of attitudes, behaviors and experiences of Nigerian investors in cryptocurrencies

Violation Of Properity As A Form Of Trade Secret Violation: Orientation And Construction

Green cryptocurrency and business strategies: Framework and insights from a stewardship literature review

Contact Info

Product

Resources

About