In this paper, we estimate the de facto RMB exchange rate regime, currency basket, floating band and foreign exchange market pressure before and after the reform of the Chinese exchange rate regime in 2005. The stylized facts indicate that the value of RMB became more stable; the weight of US...

The potential market demand has a major impact on the probability of Initial Coin Offerings (ICOs) success of Blockchain-based platforms. However, the exact market demand is difficult to estimate because the goods or services provided by the Blockchain-based platforms are generally hard to...