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.

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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  -