IJCOPE Journal

UGC Logo DOI / ISO Logo

International Journal of Creative and Open Research in Engineering and Management

A Peer-Reviewed, Open-Access International Journal Supporting Multidisciplinary Research, Digital Publishing Standards, DOI Registration, and Academic Indexing.
Journal Information
ISSN: 3108-1754 (Online)
Crossref DOI: Available
ISO Certification: 9001:2015
Publication Fee: 599/- INR
Compliance: UGC Journal Norms
License: CC BY 4.0
Peer Review: Double Blind
Volume 02, Issue 03

Published on: March 2026 2026

AN INVESTIGATION INTO INVESTOR BEHAVIOUR, MARKET EFFICIENCY, AND REGULATORY DIFFICULTIES IN DIGITAL CURRENCY INVESTMENTS

Pratichi Dash

Aryan Institute of Engineering & Technology Chitalpur Sundargram Cuttack Odisha

Article Status

Plagiarism Passed Peer Reviewed Open Access

Available Documents

Abstract

The rapid growth of digital currency has transformed the financial domain, posing a significant challenge to conventional concepts of worth, transaction, and capital allocation. The allure of possible attractive profits, technical advancement, and decentralized financial system has attracted considerable interest from investors, governments, and researchers. As the digital currency market progresses, it raises numerous inquiries and intricacies, encompassing investor behavioural patterns and regulatory framework. This paper offers a thorough and organized review that explores the complex field of digital currency investment, specifically examining investor behaviour and the regulatory consequences. The purpose of the study is to provide a thorough summary of the main discoveries, emerging patterns, and unsettled difficulties in this rapidly developing field by examining a diverse range of scholarly articles and research papers published in the last five years. This literature study seeks to enhance the ongoing discussion on investments in digital currency by offering a thorough comprehension of the primary elements that impact investor behavior. The variables encompass market dynamics, investor psychology, regulatory factors, economic indicators, societal concerns, technological adoption, and financial knowledge.

How to Cite this Paper

Dash, P. (2026). An Investigation into Investor Behaviour, Market Efficiency, and Regulatory Difficulties in Digital Currency Investments. International Journal of Creative and Open Research in Engineering and Management, <i>02</i>(03). https://doi.org/10.55041/ijcope.v2i3.164

Dash, Pratichi. "An Investigation into Investor Behaviour, Market Efficiency, and Regulatory Difficulties in Digital Currency Investments." International Journal of Creative and Open Research in Engineering and Management, vol. 02, no. 03, 2026, pp. . doi:https://doi.org/10.55041/ijcope.v2i3.164.

Dash, Pratichi. "An Investigation into Investor Behaviour, Market Efficiency, and Regulatory Difficulties in Digital Currency Investments." International Journal of Creative and Open Research in Engineering and Management 02, no. 03 (2026). https://doi.org/https://doi.org/10.55041/ijcope.v2i3.164.

Search & Index

References


  1. Allen, F, Gu, X, and Jagtiani, J. (2022). Fintech, cryptocurrencies, and CBDC: Financial structural transformation in China. Journal of International Money and Finance, 124(102625), 102625. doi:10.1016/j.jimonfin.2022.102625

  2. Andolfatto, D. (2021). Assessing the impact of central bank digital currency on private banks. Economic Journal (London), 131(634), pp.525–540. doi:10.1093/ej/ueaa073

  3.  Arakelian, V. (2023). Central bank digital currency challenges: The case of Greece. Journal of Payments Strategy and Systems, 17(1), pp.36-45.

  4. Arauz, A, Garratt, R, and Ramos, F. D. F. (2021). Dinero Electrónico: The rise and fall of Ecuador’s central bank digital currency. Latin American Journal of Central Banking, 2(2), 100030. doi:10.1016/j.latcb.2021.100030

  5. Balasubramanian, K, et al, (2023). Mobile money operations: Policies for managing cash and digital currency inventories in the developing world. Manufacturing & Service Operations Management, 25(3), pp.958–974. doi:10.1287/msom.2022.1175

  6. Banerjee, S., and Sinha, M. (2023). Promoting financial inclusion through Central Bank Digital Currency: An evaluation of payment system viability in India. Australasian Accounting Business and Finance Journal, 17(1), pp.176–204. doi:10.14453/aabfj. v17i1.14

  7. Barbosa, A. C., Oliveira, T. A., and Coelho, V. N. (2018, July). Cryptocurrencies for Smart Territories: an exploratory study. Presented at the 2018 International Joint Conference on Neural Networks (IJCNN), Rio de Janeiro. 10.1109/ IJCNN.2018.8489299

  8. Bhatt, A., Joshipura, M., and Joshipura, N. (2022). Decoding the trinity of Fintech, digitalization and financial services: An integrated bibliometric analysis and thematic literature review approach. Cogent Economics & Finance, 10(1), 2114160. Advance online publication. doi:10.1080/23322039.2022.2114160

  9. Biggs, D. C. (2016). How non-banks are boosting financial inclusion and remittance. In New Economic Windows (pp. 181–196). Banking Beyond Banks and Money. doi:10.1007/978-3-319-42448-4

  10. Catalini, C., de Gortari, A., & Shah, N. (2022). Some simple economics of stablecoins. Annual Review of Financial Economics, 14(1), 117–135. doi:10.1146/annurev- financial-111621-101151

  11. Cnaan, R. A., Scott, M. L., Heist, H. D., and  Moodithaya, M. S. (2023). Financial inclusion in the digital banking age: Lessons from rural India. Journal of Social Policy, 52(3), pp.520–541. doi:10.1017/S0047279421000738

  12. Cullen, J. (2022). Economically inefficient and legally untenable: Constitutional limitations on the introduction of central bank digital currencies in the EU. Journal of Banking Regulation, 23(1),pp. 31–41. doi:10.105741261-021-00162-4

Ethical Compliance & Review Process

  • All submissions are screened under plagiarism detection.
  • Review follows editorial policy.
  • Authors retain copyright.
  • Peer Review Type: Double-Blind Peer Review
  • Published on: Mar 29 2026
CCBYNC

This article is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License. You are free to share and adapt this work for non-commercial purposes with proper attribution.

View License
Scroll to Top