Practitioners divided over potential bank capital treatment for assets with no intrinsic value
Risk USA: panellists complain current regulatory approach is ‘painful’ and doesn’t embrace innovation
This study analyzes the impact of cryptocurrencies on the function and position of financial markets.
Firms adapt backtests and tread lightly to address “huge” overfitting risk, magnified by scarce data
Also: Amundi fined for index manipulation; Wells pays out over client fraud. Data by ORX News
Senior departure is latest among swaps giant’s clearing ranks
BlackRock and MSIM are among 16 US fund managers dipping their toes into crypto investing
Flow Traders makes markets in every European cryptocurrency ETP. Banks want in on the action
Risk Live: Credit risk and custody challenges with spot could push investors to derivatives and ETPs
There seems little logic to the price of meme assets – but bold investors can protect themselves, says tech expert
Ex-Morgan Stanley, Winton vets reimagine institutional risk management for volatile crypto markets
This is the first paper that estimates the price determinants of Bitcoin in a generalized autoregressive conditional heteroscedasticity (GARCH) framework using high-frequency data.
Regulated funds may suck away demand for Grayscale’s off-exchange investment trusts
Grayscale Bitcoin Trust moved from trading at an average premium of 36.5% to an 11.6% discount
The second-biggest custodian will provide “record-keeping services” for the unregulated asset
In this paper, the authors extend the related literature by examining whether the information on the US–China trade war can be used to forecast the future path of Bitcoin returns, controlling for various explanatory variables.
The authors employ portfolio analysis to explore whether energy is a fundamental economic factor affecting cryptocurrency prices.
The authors explore the effects of market capitalization on the dynamics of cryptocurrencies within both returns and volatility networks and show that these cryptocurrencies exhibit scaling properties in volatility with respect to market capitalization.
This paper investigates the significance of oil, gold and coal returns on Bitcoin returns for a research duration of January 2011 to September 2018 on a monthly periodic basis.
Asia Risk 25: Singapore-based digital exchange wants to bring respectability – and regulation – to the sector
A common approach to classifying tokens is needed to prevent regulatory arbitrage, UK bank argues
Collateral used to back ‘stablecoins’ such as libra will be unavailable for reuse
Former Bank of America exec sees more potential in rival projects, such as utility settlement coin
In this paper, the authors aim to provide an interpretation of the legal issue of settlement finality in the context of proof-of-work distributed ledger technology, such as the Bitcoin network.