Analysis of digital currency interact monetary policy based on currency digitalization development

Elmentve itt :
Bibliográfiai részletek
Szerző: Ye Zihan
További közreműködők: Ábel Dr.habil. István
Huang Xiaofeng
Dokumentumtípus: Diplomadolgozat
Kulcsszavak:bitcoin
CBDC
digital currency
monetary policy
money
Online Access:http://dolgozattar.uni-bge.hu/29239
Leíró adatok
Kivonat:With the stable and rapid innovation of information technology and internet finance field, the development process in the money payment system has emerged digitally and electronically. The digital currency becomes a major change in the payment technology of the Internet era, brings new challenges to the traditional currency system and national monetary policy. The development of decentralized digital currency like Bitcoin contributes to various countries to research on cryptocurrency and blockchain. Governments of many countries pay attention to digital currency and central banks are committed to research the digital payment and settlement tool issued by the central bank with national credit as the guarantee liability - Central bank digital currency (CBDC). The issuance and use of digital money interact with the implementation of monetary policy. Main influencing factors are manifested in monetary functions, monetary policy effectiveness, tools, intermediate targets and the monetary transmission mechanism.Key Words: Digital currency; Monetary Policy; Bitcoin; Central Bank Digital Currency (CBDC)