Proceedings of the 6th International Conference on Financial Innovation and Economic Development (ICFIED 2021)

Analysis on the Influence of Electronic Currency Circulation on Central Bank

Authors
Yutong Zhang
Corresponding Author
Yutong Zhang
Available Online 22 March 2021.
DOI
https://doi.org/10.2991/aebmr.k.210319.016How to use a DOI?
Keywords
Electronic money, the central bank, monetary policy
Abstract

In the contemporary world, the rise of electronic money has attracted many people’s concern. The applicability and efficiency of using electronic money have become the reasons why people love to use it. But electronic money also has a certain impact on the central bank. This paper analyzes the challenge of electronic money to the central bank from the perspective of the monopoly of electronic money on the central bank’s currency distribution rights and its impact on the stability of the central bank. Meanwhile, this article also analyzes the impact of electronic money on the central bank’s monetary policy including money supply, circulation speed and introduces some feasible solutions in the end.

Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 6th International Conference on Financial Innovation and Economic Development (ICFIED 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
22 March 2021
ISBN
978-94-6239-354-7
ISSN
2352-5428
DOI
https://doi.org/10.2991/aebmr.k.210319.016How to use a DOI?
Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Yutong Zhang
PY  - 2021
DA  - 2021/03/22
TI  - Analysis on the Influence of Electronic Currency Circulation on Central Bank
BT  - Proceedings of the 6th International Conference on Financial Innovation and Economic Development (ICFIED 2021)
PB  - Atlantis Press
SP  - 84
EP  - 89
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210319.016
DO  - https://doi.org/10.2991/aebmr.k.210319.016
ID  - Zhang2021
ER  -