This paper analyzes the advantages of legal digital currencies and explores their impact on bank big data practices.By combining bank big data collection and processing,it clarifies that legal digital currencies can e...
Central Bank Digital Currencies (CBDCs) may offer transformativeopportunities for tax policy and administration, particularly if features like program-mability and enhanced transparency are implemented. Automating fis...
This article investigates five safe-haven asset responses from 2014 to 2022,including the unprecedented COVID-19 crisis,Russian invasion of Ukraine,and sharp US interest rate increases of 2015 and 2022.We apply the un...
supported by FCT,I.P,the Portuguese national funding agency for science,research and technology under the Project UIDB/04521/2020.
This study investigates the static and dynamic return and volatility spillovers between non-fungible tokens(NFTs)and conventional currencies using the time-varying parameter vector autoregressions approach.We reveal t...
Central Asian Economies(CAEs)have diverse exchange rate policies.They have recorded higher volatility in the foreign exchange market since inception.High volatility of the transition era has drifted these economies to...
The earliest paper currencies in existence in China were handcrafted during the Yuan dynasty.These currencies were scientifically excavated from different ruins or tombs,whereas scientific analyses of the papers are r...
This paper reconsiders the outcome of the adoption of a single legal currency in the 1999 Euro Act. Installing a central bank, several different solutions surfaced among the EU members and in the global economy, since...
This article discusses the impact of central bank digital currency(CBDC)from the perspective of monetary and fiscal policy.We mainly discuss how retail CBDC can improve traditional policy performance.We argue that A C...
This paper revises the crucial outcome of adopting a single legal currency,within the environment of a classic based competing central bank infrastructure,in an uncertain monetary category definition class,from a gene...
Blockchain technology is a shared database of logs of all consumer transactions which are registered on all machines on a network.Both transactions in the system are carried out by consensus processes and to preserve ...