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The volume of Initial Coin Offerings has risen steeply with an all-time high market capitalisation of close to USD 1 trillion in December 2017. Since then the digital asset market has slumped, retreating to merely approximately USD 200 billion in mid-2018. Stakeholders of the crypto industry...
Persistent link: https://www.econbiz.de/10012894300
Since the introduction of Bitcoin in 2008, trading venues for cryptocurrencies, so called cryptocurrency exchanges, have undergone a fast development. Today cryptocurrencies totaling to more than USD 16bn are traded on more than 200 of such platforms, thereby surpassing the volume traded of...
Persistent link: https://www.econbiz.de/10012865178
Central bank digital currencies (CBDCs) have the potential to fundamentally alter the current monetary system. Potentially they could bring about a whole range of advantages compared to the status quo, yet they could also introduce a host of disadvantages. This text provides a comprehensive list...
Persistent link: https://www.econbiz.de/10014348986