Narrow search
Showing 1 - 10 of 6,027
Cover Image
The Taxation of Cryptocurrency Gains
Ooi, Vincent - 2021
Taking Singapore as an example, this article lays out a series of tests for determining whether gains arising from the disposal of cryptocurrencies are trade or business income, “all other income” or capital gains. It also considers the possibility of a presumption that individuals engaging...
Persistent link: https://www.econbiz.de/10013214053
Cover Image
Price Dispersion in Bitcoin Exchanges
Tsang, Kwok Ping - 2020
Bitcoin is traded in a number of exchanges, and there is a large and time-varying price dispersion among them. We …. Using weekly data over the past 3 years, we find that shocks to transaction fees and bitcoin price growth explain on average …
Persistent link: https://www.econbiz.de/10012835272
Cover Image
The Technology of Retail Central Bank Digital Currency
Auer, Raphael - 2020
Central bank digital currencies (CBDCs) promise to provide cash-like safety and convenience for peer-to-peer payments. To do so, they must be resilient and accessible. They should also safeguard the user's privacy, while allowing for effective law enforcement. Different technical designs satisfy...
Persistent link: https://www.econbiz.de/10012838722
Cover Image
On the Performance of Cryptocurrency Funds
Bianchi, Daniele - 2020
We investigate the performance of funds that specialise in cryptocurrency markets. In doing so, we contribute to a growing literature that aims to understand the role of digital assets as an investment. Methodologically, we implement a novel panel bootstrap approach that samples jointly the...
Persistent link: https://www.econbiz.de/10012838990
Cover Image
Brave New World? Bitcoin is not the New Gold : Understanding Cryptocurrency Price Dynamics
Choi, Sangyup - 2020
While the many commonalities shared by Bitcoin and gold raise a question of whether Bitcoin is a safe-haven like gold …, relevant empirical evidence to date is mixed. Unlike existing empirical studies, we derive a simple estimable model of Bitcoin … dynamic effects of macro factors, including income, inflation, and interest rates on Bitcoin prices at a weekly frequency …
Persistent link: https://www.econbiz.de/10012839350
Cover Image
Central Bank Digital Currency and the Future of Commercial Banking
Asadi, Seyed Peyman - 2020
cryptocurrencies such as Bitcoin, Ethereum or Ripple have failed to gain relevance in terms of their share in monetary transactions …
Persistent link: https://www.econbiz.de/10012840976
Cover Image
Can Bitcoin Become a Viable Alternative to Fiat Currencies? An Empirical Analysis of Bitcoin's Volatility Based on a GARCH Model
Cermak, Vavrinec - 2017
This study examines whether Bitcoin, a digital decentralized currency, can become a viable alternative to fiat … currencies. Bitcoin currently does not fulfill the criteria of being a currency because it does not function as a medium of … exchange, a unit of account, and a store of value. Bitcoin's biggest obstacle from fulfilling these functions is the price …
Persistent link: https://www.econbiz.de/10012957332
Cover Image
Crypto-Securities Regulation : ICOs, Token Sales and Cryptocurrencies under EU Financial Law
Hacker, Philipp - 2019
Persistent link: https://www.econbiz.de/10012900571
Cover Image
Money and Central Bank Digital Currency
Shirai, Sayuri - 2019
Money is a financial instrument that fulfills the basic functions as a medium of exchange, unit of account, store of value, and standard of deferred payment. The function as a medium of exchange allows efficient transactions of goods and services among people without forming an inconvenient...
Persistent link: https://www.econbiz.de/10012889519
Cover Image
Turkish Lira – A Fiat Currency that Resembles the Volatility of Cryptocurrencies : The Effects of Exchange Rate Volatility on Turkish Economy
Taskinsoy, John - 2019
America happy. The inevitable birth of Bitcoin is the upshot of this dilemma and the most recent devaluation of the Turkish …
Persistent link: https://www.econbiz.de/10012892702