Financial Risk Management for Cryptocurrencies

This book explores the emerging field of risk management and risk analysis of cryptocurrencies, an area that has been generating considerable research. It begins by providing an introduction to digital finance and the concept of cryptocurrencies and blockchain technologies. It then describes in detail the intrinsic risks involved in cryptocurrencies, an area that, to date, has not been fully documented or investigated. Lastly, it discusses the various types of risk, with a focus on design, operational, market and quantitative risks.
Providing insights into the analysis and management of cryptocurrencies, and serving as a starting point for a more in-depth risk analysis, this book will appeal to professionals and researchers interested in familiarizing themselves with the risks in cryptocurrencies, including academics, portfolio managers, risk-managers, quants, financial professionals, regulators, economists, asset managers and traders.

Provides the first reliable overview of cryptocurrencies and blockchain technology, gathering material previously scattered online in unpublished papers, blog posts and YouTube clips Serves as a helpful tool for professionals who would like to invest in cryptocurrency-based assets Offers a well-organized and easy-to-read introduction to the interesting and hotly discussed topic of digital finance

Autorentext

Lucia Alessi holds a PhD in Economics and Management, and is a senior economist at the Joint Research Centre of the European Commission. Marco Petracco Giudici is a senior economist at the Finance and Economy Unit of the Joint Research Centre of the European Commission. He is currently working on financial stability issues and on new developments in finance. Wim Schoutens holds a PhD in Mathematics and is a Professor at KU Leuven. An expert advisor and consultant to the banking industry and to national and supra-national institutions, he is on the editorial boards of a number of international finance journals and is a founding partner of RiskConcile. Eline Van der Auwera holds an MSc in Mathematics and in Actuarial and Financial Engineering (KU Leuven). She is currently pursuing a PhD in (sustainable) Finance at the KU Leuven.

Inhalt

• Part I Introduction to Cryptocurrencies. - Blockchain. - Types of Cryptocurrencies. - Part II Risk in Dealing with Cryptocurrencies. - Qualitative Risks. - Quantitative Risks. - Futures and Options on Cryptocurrencies. - Portfolio Management. - Further Related Work. - Part III Summary and Conclusion. - Conclusion.