IMPACT OF DIGITAL CURRENCIES ON GLOBAL FINANCIAL STABILITY
Keywords:
Digital Currency, Banking System, Central Bank, Monetary Policy, Digital Transformation.Abstract
New opportunities and dangers for the global monetary system are emerging as a result of theproliferation of crypto currencies and other kinds of digital money, such as central bank digital currencies(CBDCs). However, owing to the speculative nature of crypto currencies like Bitcoin and Ethereum, as wellas their extraordinary volatility, the decentralized and perhaps fee-reducing transaction methods that thesecrypto currencies provide are not without risk.
References
J. Monet. Econ., 125 (2022), pp. 62-79, 10.1016/j.jmoneco.2021.05.002
Int. Evid. J. Econ. Behav. Organ., 157 (2019), pp. 403-427, 10.1016/j.jebo.2017.07.027
J. Int. Money Financ., 81 (2018), pp. 203-220, 10.1016/j.jimonfin.2017.11.012
Econ. J., 131 (2020), pp. 525-540, 10.1093/ej/ueaa073
Downloads
Published
2024-12-11
How to Cite
Viresh Sharma,Prof. V. K. Gautam,Minakshi Gaur. (2024). IMPACT OF DIGITAL CURRENCIES ON GLOBAL FINANCIAL STABILITY. Journal of Computational Analysis and Applications (JoCAAA), 33(08), 3105–3115. Retrieved from https://eudoxuspress.com/index.php/pub/article/view/2422
Issue
Section
Articles
