Proceedings of the 2022 International Conference on Urban Planning and Regional Economy(UPRE 2022)

A Review of the Impact of Central Bank Digital Currency on Currency Internationalization

Authors
Yuan Zhang1, *
1Business School, University of New South Wales, Sydeney, New South Wales, Australia, 2052
*Corresponding author. Email: 1271064660@qq.com
Corresponding Author
Yuan Zhang
Available Online 16 May 2022.
DOI
https://doi.org/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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Volume Title
Proceedings of the 2022 International Conference on Urban Planning and Regional Economy(UPRE 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
16 May 2022
ISBN
978-94-6239-578-7
ISSN
2352-5428
DOI
https://doi.org/10.2991/aebmr.k.220502.089How to use a DOI?
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  - https://doi.org/10.2991/aebmr.k.220502.089
ID  - Zhang2022
ER  -