​​​​​​​Stablecoins' would-be lawgivers don't know what they're missing
Bills in US Congress focus on run risk, but more detail needed on operational challenges
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Bills in US Congress focus on run risk, but more detail needed on operational challenges
Increased longevity calls for thoughtful planning
Following the rampant increase in Bitcoin prices, there has been a proliferation of cryptocurrencies, which have become a major way of doing business across national boundaries. This paper investigates the link between cryptocurrency markets and drug trafficking activities. More specifically, we explore the impact of the announcement of 24 major drug busts on the systematic risk and return of the world cryptocurrency market. We deploy an event study methodology to estimate the abnormal returns associated with drug trafficking activities in the cryptocurrency market. We find that the relationsh...
The Chairman, House of Representatives Committee on Capital Market and Institutions, Babangida Ibrahim (APC, Katsina) has disclosed that the proposed Bill to make the Securities and Exchange Commission (SEC) the sole Nigerian Capital Market regulator was to eliminate unethical practices and overlapping responsibilities. He disclosed this while shedding more light on what the bill seeks […]
Using multivariate portfolio sorts, firm-level cross-sectional regressions and spanning tests, this paper shows that, in the cross section of stock returns,