The challenges of the pandemic crisis have seen changes in lifestyle norms that have major implications for the influence of market culture around the world. Fintech is a new solution for borderless payments and rapidly evolving, it may soon revolutionize the way businesses function forever. The impact of the Covid-19 pandemic has created an unprecedented necessity for both borderless payments and digital platforms. This paper is to examine whether Covid-19 pandemic crisis changed the landscape of business towards cryptocurrency transactions regarding substitution to fiat currency. This paper will utilize quantitative research through questionnaire research based from entrepreneur in Malaysia. The expectation that results from this study many businesses are willing to use cryptocurrency in their daily transactions and future growth.
Acharya, A. S., Prakash, A., Saxena, P., & Nigam, A. (2013). Sampling: Why and how of it. Indian Journal of Medical Specialties, 4(2), 330-333.
Adams, D. A., Nelson, R. R., & Todd, P. A. (1992). “Perceived Usefulness. Ease of Use, and Usage of Information Technology: A Replication.”, MIS Quarterly, 16(2), 227â.
Auer, R. (2019), “Beyond the doomsday economics of Cryptocurrencies”, CEPR Discussion Paper No. DP13506.
Auer, R., & Claessens, S. (2018). Regulating cryptocurrencies: assessing market reactions. BIS Quarterly Review September.
Auer, R., Cornelli, G., & Frost, J. (2020). Covid-19, cash, and the future of payments (No. 3). Bank for International Settlements.
Ayadi, R., Arbak, E., & De Groen, P. W. (2012). Regulation of European banks and business models: towards a new paradigm?. Centre for European Policy Studies, Forthcoming.
Bagozzi, R. P. (2007). The legacy of the technology acceptance model and a proposal for a paradigm shift. Journal of the association for information systems, 8(4), 3.
Balloch, C., & Koby, Y. (2019). Low rates and bank loan supply: Theory and evidence from japan. Unpublished manuscript Brown University, 9(10).
Baur, D. G., & Dimpfl, T. (2021). The volatility of Bitcoin and its role as a medium of exchange and a store of value. Empirical Economics, 61(5), 2663-2683.
Boar, C., Holden, H., & Wadsworth, A. (2020). Impending arrival–a sequel to the survey on central bank digital currency. BIS paper, (107).
Boissay, F., Cantú, C., Claessens, S., & Villegas, A. (2019a). Impact of financial regulations: insights from an online repository of studies. BIS Quarterly Review, March.
Boissay, F., Cornelli, G., & Gambacorta, L. (2019b), “Big tech vs G-SIFIs: differences in market funding”, BIS, mimeo.
Boot, A. W., Carletti, E., Kotz, H. H., Krahnen, J. P., Pelizzon, L., & Subrahmanyam, M. G. (2020). Corona and Financial Stability 2.0: Act jointly now, but also think about tomorrow (No. 79). SAFE Policy Letter.
Dion-Schwarz, C., Manheim, D., & Johnston, P. B. (2019). Terrorist use of cryptocurrencies: Technical and organizational barriers and future threats. Rand Corporation.
D’Silva, D., Filková, Z., Packer, F., & Tiwari, S. (2019). The design of digital financial infrastructure: lessons from India. BIS Paper, (106).
Queirós, A., Faria, D., & Almeida, F. (2017). Strengths and limitations of qualitative and quantitative research methods. European Journal of Education Studies.
Saunders, M., Lewis, P. H. I. L. I. P., & Thornhill, A. D. R. I. A. N. (2007). Research methods. Business Students 4th edition Pearson Education Limited, England.
In-Text Citation: (Ishak et al., 2022)
To Cite this Article: Ishak, M. F., Hussain, W. M. H. W., Ayob, A. H., Buja, A. G., & Ahmad, R. (2022). The Impact of Covid-19 Towards the Business Landscape in Cryptocurrency Transaction. International Journal of Academic Research in Business and Social Sciences, 12(3), 440–451.
Copyright: © 2022 The Author(s)
Published by Knowledge Words Publications (www.kwpublications.com)
This article is published under the Creative Commons Attribution (CC BY 4.0) license. Anyone may reproduce, distribute, translate and create derivative works of this article (for both commercial and non-commercial purposes), subject to full attribution to the original publication and authors. The full terms of this license may be seen at: http://creativecommons.org/licences/by/4.0/legalcode
