A Review of the Impact of Central Bank Digital Currency on Currency Internationalization
- DOI
- 10.2991/aebmr.k.220502.089How to use a DOI?
- Keywords
- CBDC; currency internationalization; RMB
- Abstract
With the deepening of the pilot of central bank digital currency (CBDC), research on digital currency at home and abroad is developing continuously. However, when it comes to the impact of CBDC on currency internationalization, there are still many differences in academic discussions on this issue. It is necessary to analyze the development and function of CBDC and summarize its influence on currency internationalization. This paper focuses on the influence of the digital currency of the Central bank on the internationalization of the renminbi (RMB). In general, CBDC can promote currency internationalization, but without sufficient pilot programs and supporting regulations, there are still many risks.
- Copyright
- © 2022 The Authors. Published by Atlantis Press International B.V.
- Open Access
- This is an open access article distributed under the CC BY-NC 4.0 license.
Cite this article
TY - CONF AU - Yuan Zhang PY - 2022 DA - 2022/05/16 TI - A Review of the Impact of Central Bank Digital Currency on Currency Internationalization BT - Proceedings of the 2022 International Conference on Urban Planning and Regional Economy(UPRE 2022) PB - Atlantis Press SP - 502 EP - 505 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.220502.089 DO - 10.2991/aebmr.k.220502.089 ID - Zhang2022 ER -