Results 51 to 60 of about 3,565 (194)
TRADITIONAL CRYPTOCURRENCIES AND FIAT-BACKED DIGITAL CURRENCIES [PDF]
The digital payments space saw vigorous investment activity during 2020 and there have been a plethora of announcements about account based Central Bank Digital Currencies.
Serghei MĂRGULESCU, Elena MĂRGULESCU
doaj +2 more sources
The Private Law of Stablecoins [PDF]
Stablecoins are one of the cornerstones of the crypto world. They’ve attracted significant attention over the past few years, ranging from Wall Street to kitchen table investors, and even the White House.
Bruce, Kara J. +2 more
core +1 more source
Abstract The future of money is a crucial issue in the digital age, and the emergence of central bank digital currencies (CBDCs) is widely recognised as a transformative development. However, despite its significant implications for monetary sovereignty, regulatory governance and strategic autonomy, we know relatively little about the political ...
Sebastian Heidebrecht
wiley +1 more source
Fragmentation and Concentration within the International Payments System – Risks, Challenges, Opportunities [PDF]
This paper underscores the dynamic and complex context of international payments, with the aim to identify specific forces, risks and challenges behind current megatrends.
IULIA MONICA OEHLER-ŞINCAI +2 more
doaj
The article examines the current state of implementation of one of the largest regulatory projects in to examine the role of international cross-border payment regulation in the context of global financial architecture and to see how a modernized ...
V. E. Ponamorenko +2 more
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Markov Determinantal Point Process for Dynamic Random Sets
ABSTRACT The Law of Determinantal Point Process (LDPP) is a flexible parametric family of distributions over random sets defined on a finite state space, or equivalently over multivariate binary variables. The aim of this paper is to introduce Markov processes of random sets within the LDPP framework. We show that, when the pairwise distribution of two
Christian Gouriéroux, Yang Lu
wiley +1 more source
Cryptocurrencies and monetary policy. Bruegel Policy Contribution Issue n˚10 | June 2018 [PDF]
This Policy Contribution tries to answer two main questions: can cryptocurrencies acquire the role of money?
Claeys, Grégory +2 more
core
ABSTRACT Perpetual futures are contracts without expiration date in which the anchoring of the futures price to the spot price is ensured by periodic funding payments from long to short. We derive explicit expressions for the no‐arbitrage price of various perpetual contracts, including linear, inverse, and quantos futures in both discrete and ...
Damien Ackerer +2 more
wiley +1 more source
When the Tail Wags the Dog: A Time‐Varying FCVAR Analysis of Bitcoin Market
ABSTRACT This paper examines how the relationship between Bitcoin spot and futures markets has evolved using a time‐varying Fractionally Cointegrated Vector Autoregressive (FCVAR) model. We are the first to apply this methodology dynamically to cryptocurrency markets, allowing us to simultaneously analyze long‐run equilibrium, pricing patterns, market ...
Filippo di Pietro +2 more
wiley +1 more source
Stablecoins in the System of Current Russian Legislation
The relevance of this research lies in the need to comprehend the legal implications of the development of stablecoins as new financial instruments. Faced with the processes of digitalization, legal systems have been required to develop a response to the
L. A. Novoselova
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