Module 4: Types of Cryptocurrencies

Module 4: Types of Cryptocurrencies

Introduction

Cryptocurrencies have transformed the financial landscape by offering decentralized, digital alternatives to traditional money. Since Bitcoin’s introduction in 2008, thousands of cryptocurrencies have emerged, each with unique features and purposes. To fully grasp the dynamic world of digital currencies, it is essential to understand the different types of cryptocurrencies, their purposes, and the technological innovations behind them.

This module explores the classification of cryptocurrencies, examines major players in the crypto space, and discusses emerging instruments such as stablecoins and central bank digital currencies (CBDCs). By understanding the unique attributes and functions of these digital assets, you’ll be well-equipped to navigate the broader digital economy.