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We document systematic differences in bitcoin prices across 11 different markets representing 26\% of global bitcoin trade volume. These differences must --- due to the identical nature of all bitcoin--- result from characteristics of markets themselves. We examine differences across the markets...
Persistent link: https://www.econbiz.de/10012972053
We document significant differences in Bitcoin prices across 11 different markets representing 26% of global Bitcoin trade volume. These differences must — due to the identical nature of all bitcoin — result from characteristics of markets themselves. We examine differences across the...
Persistent link: https://www.econbiz.de/10012950795
We document systematic differences in bitcoin prices across 11 different markets representing 26% of global bitcoin trade volume. These differences must — due to the identical nature of all bitcoin — result from characteristics of markets themselves. We examine differences across the markets...
Persistent link: https://www.econbiz.de/10012965853
1. Introduction -- 2. Foundations of financial regulation -- 3. The information problem and regulatory failure -- 4. An …. Conceptualizing a regulatory response to fintech -- 10. Analysing the current menu of fintech regulation. … and practitioners interested in financial technology and regulation. Christopher Ruof is a former Research Associate at …
Persistent link: https://www.econbiz.de/10014337018
Stablecoin issuers can become subject to runs just like banks. This is because, in the absence of adequate regulation …
Persistent link: https://www.econbiz.de/10015052083
Persistent link: https://www.econbiz.de/10012622118
Introduction -- Distributed ledger technologies in capital markets -- Crypto-assets law and regulation -- Smart …
Persistent link: https://www.econbiz.de/10013176662
The need for a legal framework that explains a decentralized system is compulsory to understand whether regulation … and how regulation could affect different classes of actors. The distinction in Essential, Native and Metamorphic actors …
Persistent link: https://www.econbiz.de/10012828938
In this paper, we discuss whether and how bank lobbying can lead to regulatory capture and have real consequences through an overview of the motivations behind bank lobbying and of recent empirical evidence on the subject. Overall, the findings are consistent with regulatory capture, which...
Persistent link: https://www.econbiz.de/10012103556
Persistent link: https://www.econbiz.de/10000627255