Tag: BIS

  • Open AI on Private Placement Programs (PPP)

    Open AI on Private Placement Programs (PPP)

    Open AI; Explain how private placement programs work? Private Placement Programs (PPP) are investment opportunities offered by private entities to a limited number of investors who are typically high-net-worth individuals or institutional investors. These programs are often used for alternative investments that are not available through public markets. The basic structure of a PPP involves…

  • New York Fed’s Money and Payment Studies on Cryptocurrencies

    Bitcoin and other “cryptocurrencies” have been much in the news lately, in part because of their wild gyrations in value. Michael Lee and Antoine Martin, economists in the New York Fed’s Money and Payment Studies function, have been following cryptocurrencies and agreed to answer some questions about digital money. Q: Let’s start simply. What even…