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Academic Journal of Business & Management, 2024, 6(6); doi: 10.25236/AJBM.2024.060605.

A summary of the research on the influence of central bank digital currency on the financial system


Lin Xinyu

Corresponding Author:
Lin Xinyu

School of Economics and Management, Guangxi Normal University, Guilin, China


With the popularity of digital currency, the central bank, its advantages such as convenience, improving cross-border payment efficiency, low-cost transaction, traceability, credibility and willfulness will become increasingly prominent, which will have a far-reaching and extensive impact on the financial system. This paper systematically summarizes the positive impact and potential risks and challenges brought by digital currency, the central bank, on the financial system from the aspects of payment system, commercial banks, financial stability and supervision, so as to provide a more targeted perspective for the research and development and policy formulation of digital currency, the central bank of China.


digital currency; the central bank; Payment system; Commercial banks; Financial stability and supervision; Money supply system and monetary policy

Cite This Paper

Lin Xinyu. A summary of the research on the influence of central bank digital currency on the financial system. Academic Journal of Business & Management (2024) Vol. 6, Issue 6: 31-35. https://doi.org/10.25236/AJBM.2024.060605.


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