The research on legal digital currencies in China is gradually deepening and has been tested multiple regions, with increasingly diverse application scenarios. By comparing analyzing the similarities differences between currency other virtual currencies, it concluded that characteristics of lower cost, higher security more conducive to supervision. At present, implementation will face problems ...

The paper examines the co-movement relationship between Cryptocurrency and Asian major indices through Wavelet Coherence multiresolution technique Granger causality for result robustness. data of Singapore Japan stock market was used from January 2018 to December 2022, outcome our study shows great co-relationship in movement two listed equity Cryptocurrencies investments. Moreover, that found ...

Bitcoins have emerged as a possible competitor to usual currencies, but other crypto-currencies have likewise appeared as competitors to the Bitcoin currency. The expanding market of crypto-currencies now involves capital equivalent to 10 10 US Dollars, providing academia with an unusual opportunity to study the emergence of value. Here we show that the Bitcoin currency in itself is not special...

We study legal and policy issues surrounding crypto currencies, such as Bitcoin, and how those issues interact with technical design options. With an interdisciplinary team, we consider in depth a variety of issues surrounding law, policy, and crypto currencies — such as the physical location where a crypto currency’s value exists for jurisdictional and other purposes, the regulation of anonymo...

We provide novel evidence of priced correlation risk in the foreign exchange market. Currencies that perform badly (well) during periods of high exchange rate correlation have high (low) average returns. We also show that high (low) interest rate currencies have high (low) correlation risk exposure, providing a risk-based justification for the carry trade. To address our empirical findings, we ...

Fundamental laws govern all complex flow systems, including natural ecosystems, economic and financial systems. Natural ecosystems are practical exemplars of sustainability: enduring, vital, adaptive. The sustainability of any complex flow system can be measured with a single metric as an emergent property of its structural diversity and interconnectivity; it requires a balance in emphasis betw...

This paper proposes a new feature extraction technique for paper currency recognition. In this technique, the texture characteristic is used in the recognition. The Markov chain concept has been employed to model the texture of paper currencies as a random process. The method proposed in this paper can be used for recognizing paper currencies from different countries. In this method only intact...