FINANCIAL MARKETSBCO224-Group BMid-Term AssignmentCryptocurrenciesIndividual taskIn 2017, cryptocurrencies grabbed a lot of headlines for numerous reasons. Regardless of how they fare in the future, students are required to write anessay on the merits and shortcomings of cryptocurrencies.Key contextual elements should includedifferent cryptocurrencies, financial data and statistics.General instructions:

oDiscuss the role of cryptocurrencies in international financial markets.

oDiscuss the merits and shortcomings of cryptocurrencies.

oUse examples to illustrate statements in addition to comparing and contrasting to traditional financial markets.

oDiscuss your view and reasoning on the future of cryptocurrencies.Title page, written body, along with a bibliography of any written references, images, or diagrams used (if applicable). NOTE: Formal Written Reports must include a Title Page, Table of Contents, and Appendixif needed.Formal Written Report saved and uploaded to Moodle inPDF format.