Proceedings of the 2023 International Conference on Finance, Trade and Business Management (FTBM 2023)

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The Challenge and Opportunity of Digital Currency Development to International Financial Stability

Authors
Xinhao Zheng1, *
1Beijing Police College, Beijing, China
*Corresponding author. Email: zhengxinhao@bjpc.edu.cn
Corresponding Author
Xinhao Zheng
Available Online 30 November 2023.
DOI
10.2991/978-94-6463-298-9_16How to use a DOI?
Keywords
digitization; Currency; international finance
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.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2023 International Conference on Finance, Trade and Business Management (FTBM 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
30 November 2023
ISBN
10.2991/978-94-6463-298-9_16
ISSN
2352-5428
DOI
10.2991/978-94-6463-298-9_16How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Xinhao Zheng
PY  - 2023
DA  - 2023/11/30
TI  - The Challenge and Opportunity of Digital Currency Development to International Financial Stability
BT  - Proceedings of the 2023 International Conference on Finance, Trade and Business Management (FTBM 2023)
PB  - Atlantis Press
SP  - 150
EP  - 156
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-298-9_16
DO  - 10.2991/978-94-6463-298-9_16
ID  - Zheng2023
ER  -