Central Bank Digital Currencies-Embrace the Future
Chunmei Cui ()
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Chunmei Cui: DezhouBank
A chapter in Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022), 2022, pp 593-600 from Springer
Abstract:
Abstract In the 21st century, digital currency has attracted much attention in financial technology (Fintech). Currently being seriously explored by most of the world's major central banks, electronic money, the innovative product of the digital economy, may have a significant impact on the macro-financial pattern and financial stability. This paper breaks through geographical restrictions to study electronic currency in major countries and explores the motives and risks of launching electronic currency in China.
Keywords: component; digital currency; central bank; opportunity; risk (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-052-7_69
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DOI: 10.2991/978-94-6463-052-7_69
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