 The Challenge and Opportunity of Digital Currency Development to International Financial StabilityXinhao Zheng ()
A chapter in Proceedings of the 2023 International Conference on Finance, Trade and Business Management (FTBM 2023), 2023, pp 150-156 from Springer Abstract: Abstract With the rapid rise of digital currencies, the international financial system is facing unprecedented challenges and opportunities. This article aims to explore the impact of digital currency development on international financial stability, deeply analyze the multifaceted challenges brought by digital currency, and emphasize the opportunities brought by digital currency in financial innovation, financial inclusiveness, and payment efficiency. Firstly, the challenges brought by digital currency to international financial stability were explored from the perspectives of law and regulation, as well as monetary policy and economy. Secondly, the opportunities brought by digital currency were explored from the perspectives of financial innovation and inclusivity, payment efficiency and cost reduction, as well as financial data and analysis opportunities. Keywords: digitization; Currency; international finance (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-298-9_16 Ordering information: This item can be ordered from DOI: 10.2991/978-94-6463-298-9_16 Access Statistics for this chapter More chapters in Advances in Economics, Business and Management Research from Springer |
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