We provide an extreme value analysis of the returns of Bitcoin. A particular focus is on the tail risk characteristics and we will provide an in-depth univariate extreme value analysis. Those properties will be compared to the traditional exchange rates of the G10 currencies versus the US...

Distributed ledger technologies (DLTs) have the potential to revolutionise securities trading and the capital market through removing reconciliation and other costs that are no longer needed with the trust and transparency that DLT brings. DLTs have been used to create virtual currencies...