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On the Value of Virtual Currencies Staff Working Paper 2016-42 Wilko Bolt, Maarten van Oordt This paper develops an economic framework to analyze the exchange rate of virtual currency. Three components are important: first, the current use of virtual currency to make payments; second, the decision of forward-looking investors to buy virtual currency (thereby effectively regulating its supply); and third, the elements that jointly drive future consumer adoption and merchant acceptance of virtual currency. Content Type(s): Staff research, Staff working papers Topic(s): Asset pricing, Digital currencies and fintech, Exchange rates JEL Code(s): E, E4, E42, E5, E51, F, F3, F31, G, G1
August 29, 2016 Quarterly Financial Report - Second Quarter 2016 Quarterly Financial Report - Second Quarter 2016 - For the period ended 30 June 2016 Content Type(s): Publications, Quarterly Financial Report
August 26, 2016 Weekly Financial Statistics - 26 August 2016 Content Type(s): Publications, Historical: Weekly Financial Statistics