Results 51 to 60 of about 319 (171)

Schweizer Kryptoregulierung: Gesetzgeberischer Handlungsbedarf im Zivil- und Aufsichtsrecht

sui-generis
Die rechtliche Einordnung von Kryptowerten ist in der Schweiz noch nicht abgeschlossen. Damit die Schweiz für den Markt rund um Kryptowerte attraktiv bleibt, sind zum einen die zivilrechtlichen Voraussetzungen für deren rechtssichere Voll- oder ...
Mirjam Eggen
doaj   +1 more source

Markov Determinantal Point Process for Dynamic Random Sets

Journal of Time Series Analysis, Volume 47, Issue 4, Page 784-802, July 2026.
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

Perpetual Futures Pricing

Mathematical Finance, Volume 36, Issue 3, Page 481-499, July 2026.
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, Julien Hugonnier, Urban Jermann   +2 more
wiley   +1 more source

Free Banking Stablecoins

Economies
Monetary policy and central banks faced significant challenges in recent decades, like the Great Recession and the 2008–2009 financial crisis, and the Global Inflation Surge of 2021–2022.
Pythagoras Petratos, Brian Baugus
doaj   +1 more source

Formation of Money Supply, Taking into Account the Role of Virtual Assets [PDF]

Облік і фінанси
The introduction of such tools as Initial Coin Offerings (ICO), Decentralized Finance (DeFi) platforms and smart contracts creates new opportunities for raising capital.
Serhii Zashchypas
doaj   +1 more source

How Tether Depegging Affects Cryptocurrency Returns

Accounting &Finance, Volume 66, Issue 2, Page 1101-1129, June 2026.
ABSTRACT This paper examines the relationship between Tether depegging events and the returns of ten major cryptocurrencies from November 2017 to November 2024. We distinguish between upward and downward deviations from the Tether peg, identifying these events as threshold exceedances based on historical prices, using both constant parameter and ...
Sean Foley, Seung Ah Lee, George Milunovich   +2 more
wiley   +1 more source

When the Tail Wags the Dog: A Time‐Varying FCVAR Analysis of Bitcoin Market

Journal of Futures Markets, Volume 46, Issue 3, Page 529-544, March 2026.
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, Antonio A. Golpe, Jose Carlos Vides   +2 more
wiley   +1 more source

The asset-backing risk of stablecoin trading: The case of Tether

Economics and Business Review
This article aims to analyse the asset-backing risk of stablecoins, focusing on international accounting standards, classification criteria, and auditing standards and using Tether as a case study. It examines Tether’s issuance, backing, controls, ratios,
Fernández Francisco Javier Jorcano, Fernández Miguel Ángel Echarte, Alonso Sergio Luis Náñez   +2 more
doaj   +1 more source

Informational Efficiency in Cryptocurrency Markets: A Bibliometric and Thematic Literature Review (2015–2024)

Journal of Economic Surveys, Volume 40, Issue 1, Page 443-468, February 2026.
ABSTRACT Cryptocurrency markets are known for their wide price fluctuations, lack of central control, and fast‐paced development. These characteristics present serious challenges to traditional theories about how markets work and how prices reflect available information.
Giulia Fantini, Joy Jia, Chiara Oldani
wiley   +1 more source

Optimal Transport Autoregression to Forecast High‐Frequency Financial Data Distributions

Applied Stochastic Models in Business and Industry, Volume 42, Issue 1, January/February 2026.
ABSTRACT In this paper, we study the properties and performance of optimal transport autoregression in modeling and forecasting high‐frequency financial data distributions. We build on a class of univariate autoregressive transport models recently proposed in the literature (Zhu and Müller) where the distributional time series dynamics is modeled ...
Paolo Pagnottoni
wiley   +1 more source