Cryptocurrency and Financial Sector: A Bibliometric Analysis

Abstract

Objective: The key objective of this paper is to provide comprehensive trends in the topic of cryptocurrency and the financial sector. Utilizing bibliometric analysis, this study examined 1293 papers published between November 2014 and 2024 to ascertain the scope of research conducted over this period.
Research Design and Methods: Data was collected from the Lens database, producing 1,293 papers. Utilizing VOSviewer, we investigated key elements of literature, including well-known organizations, authors, nations, and journals. We also looked at co-authorship, bibliographic coupling, and co-occurrence of terms.
Findings: According to the findings, the greatest number of publications, largely from journals, were discovered in 2023. The most active authors were Elie Bouri, Andreas Hani, Horst Treiblmaier, and Jochen Michaelis and Julapa Jagtiani with seven documents each. The most common topics of investigation are cryptocurrency and business. The SSRN electronic journal topped the list. The top three productive countries in the field include the United States, China, and the United Kingdom. As evidenced by the findings, research on cryptocurrencies is expanding rapidly, yet there is still a deficiency of international author partnerships and scientific exchanges.
Implications and Recommendations: The current study provides a comprehensive perspective and a thorough analysis of the relationship between cryptocurrencies and the financial sector, which form the theoretical foundations of the cryptocurrency deployment.
Contribution and Value Added: Summing up 10 years of academic articles on the relationship between the financial sector and cryptocurrencies, this is one of the first bibliometric studies in the field. The bibliometric analysis provides a thorough knowledge base that enables scholars to make well-informed conclusions about industrial practices and policy formation. These results highlight important knowledge gaps and provide interesting directions for further study, consolidating the present understanding of cryptocurrency research in the financial industry.

Received: 23 December 2024 | Revised: 13 March 2025 | Accepted: 8 May 2025

Conflicts of Interest

The authors declare that they have no conflicts of interest to this work.

Data Availability Statement

The data that support the findings of this study are openly available in the Lens at https://www.lens.org.

Author Contribution Statement

Karima Sayari: Conceptualization, Methodology, Data curation, Writing – original draft, Writing – review & editing, Visualization, Supervision, Project administration, Funding acquisition.
Mayssa Ben Belgacem: Conceptualization, Methodology, Writing– review & editing, Visualization.