THE USE OF CRYPTOCURRENCIES STAKEHOLDERS Cryptocurn:noes individual users Consumers. Governments Environmentalists differ in that the Consumers decide which Blackchain infrastructure An advantage of The cryptocurrency market transaction comment method they want to works without banks and cryptocurrencies from : The amount of energy showed a steady growth and was processing is no say and use their preferred other commercial payment government perspective is the consumed by making a single over $400 billion market longer centralized method of payment. Another intermediaries, thus cutting fact that all transactions are Bitcoin transaction is roughly capitalization by June 2017 and to one company interesting feature to out the middlemen and visible in the blockchain, equal to over 700,000 Van the market size is growing day by (NG, Dennis and consumers could be the fact making them generally providing a good audit trail transactions and over 90,000 day. This marks an increasing GRIFFIN, Paul 2018 that payments are semi- lower cost than the but one of the major reasons hours of watching YouTube importance of cryptocurrencies to anonymous, making payments conventional banking and cryptocurrency has been [Field, 2021). the financial markets. YIUMAI, N. online lew traceable money transfer products discouraged around the globe IC, & HAZAR, H. B. (2018) Soenkelink H.F. 2014) NG, Dennis and Griffin, Paul is the taxevasion issue that 2048] governments face. [Azhar &. Folitical view Cryptocumendes offer users Cryposcurrency business Many powerniments expressed The rapid evolution of myreactors often engage with Taxation policies on greater privacy in financial hand pate complex regulatory concerns about the potential cryptocurrency hardware on political debates surrounding CTYBOB CUMANCY transactions. This resonates landscapes plotally misuse of cryptocurrencies for contribute to electronic waste cryptocurrency market regulation. pains are a concem with political valves emphasizing Governments are working illegal activities, leading to the Paneration. Emnronmentalists Some advocate for dear individual autonomy and the to establish frameworks, implementation of regulations raise concerns about the regulatory frameworks to protect right to control personal and businesses must comply proper disposal and recycling investors from fraud and ensure information without centralized with evolving regulations to money laundering and fraud of obsolete mining market integrity. while others ensure lapel operation equipment, emphasizing the argue for : more hands-off need for sustainable practices approach to foster innovation. in the industry Legal view It remains unclear Legal frameworks protect Cryptocurrency transactions Environmentallats contribute Investors are affected by how consumers in crypto inolive consumers, and pseudonymous transactions to educating the public about regulatory developments aimed at crypto cumanbies fit transactions, requiring businesses must adhere to can be exploited for illicit the environmental impact of ensuring compliance and awareness of consumer consumer protection laws. actionties, leading to concerns cryptocurrency activities and Brobecting them from fraud. Legal frameworks MEkong protection laws and potential Establishing transparent about financial crime and advocate for respons ible Frameworks play s crucial role in it easier to wrap: legal consequences dispute resolution money Gundering providing a secure investment: anti-money mechanisms is essential for emironmant. laundering Fiwa. up credibility. ING, Dennis and GRIFFIN, Paul 2013) Environmental Individuals can contribute to Corporate responsibility Governments need to manage Environmentalists promote Some investors are becoming impact mitigating the environmental mwolves considering the the strain on existing energy the adoption of alternative increasingly aware of ty impact by being aware of the ecological footprint and infrastructure caused by consensus mechanisms, such emnronmental implications of environmental implications of exploring eco-friendly Cryptocurrency mining as proof of-stake (Fos]. which their im estments. Emnronmental, different crypto currencies and alternatives or supporting operations. This may require is considered more energy Social, and Governance (ESG) supporting eco-friendly efficient than POW. The criteria are paining importance, initiatives within the crypto sustainable consensus wuffident energy capacity and advocate for the development and investors may choose to avoid Space Signs with mechanisms [Swan, 2015). prevent potential energy and adoption of or divest from cryptocurrence: environmentally conscious shortages (Narayanan etal, environmentally friendly with high energy consumption and behaviour (Narayanan cal, cryptocurrencies Swan, associated environmental