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Assignment 1
This assignment requires that you investigate and develop preparing an analysis of the Bitcoin market from October 2017. Following the Global Financial Crisis (GFC) Bitcoin has become an increasingly popular global investment vehicle. Recently the People’s Bank of China (PBoC) suddenly closed down the Bitcoin market in China, making trade in it illegal. In this essay you will need to identify and explain the impact of China’s regulatory changes on the Bitcoin market and their global impact. You will need to cite appropriate references from academic journals, government announcements, newspapers, institutional reports, etc., to support your analysis.
Requirements
You are required to conduct research and then write an essay (maximum 3000 words) to present your findings with respect to the above core tasks. General writing is not the purpose of this assessment. You are expected to write a professional essay by technically applying any relevant or necessary knowledge you have learnt so far from the course BANK 5031.
Your essay should be structured as follows:
• Introduction (300 words maximum): Introduce the topic, set the ‘scene’ to generate interest by highlighting the main issue, and discuss your motivations for this study
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