The Occurrence of Fintech: The Insight into the World of Cryptocurrency from a Chinese Investment Perspective


  • Irfah Najihah Basir
  • Shaliza Alwi
  • Masrina Nadia Mohd Salleh
  • Siti Nor Aini Mohd Aslam
  • Siti Mariam Mellisa Abdullah


The concept of cryptocurrency, as part of the digital currency phenomena has been around since 1998 but world-wide adoption only started after the birth of Bitcoin. Financial technology or Fintech is a term used to describe the technological innovation in the financial sector; has seen various major breakthroughs over the past decade, and Bitcoin was right at the center stage. Clearly, a lack of public trust on financial systems after the global financial crisis which describes to the financial crisis of 2007-2008 which started from the subprime mortgage market in the U.S has given cryptocurrency an opportunity to enter the market. Since then, the industry has been growing at a rapid pace driven by increasing acceptance, greater media coverage, sustained inflows, initial coin offering 3 (ICO) frenzy and increased transaction capacity. This study aims to fill the gap by providing insight into the world of cryptocurrency from a Chinese investment perspective. The findings will help the global audience (not limited to those with domicile in China) understand the implication of cryptocurrency as an alternative investment in China. Therefore, this study strives to contribute to the literature and open up a gateway for more future research on FinTech in China.