Loading article...
Loading article...
Stream/Area:
-
Subject:
-
Paper ID:
10.55041/IJSREM25774
Volume:
7 |
9 |
Sep 2023
Pages:
Publication Frequency:
Monthly (12 issues per year)
License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.
The study contributes to deeper understanding the dynamic interplay between digital currencies and traditional banking and offers insights of challenges and opportunities posed by CBDC and cryptocurrencies. The study focuses on the evolving landscape of digital currencies, specifically CBDC and cryptocurrency and their profound impact on the traditional banking sector and global financial market. It highlights rapid growth and attention garnered by cryptocurrencies like Bitcoin and Etherium and worldwide exploration of development of CBDC in order to modernise the payment system and maintain control over monetary policies. It provides comprehensive analysis of the rise of CBVC project worldwide and present market analysis of cryptocurrency which projected or significant ca GR of 15.81% from 2022 to 2027 driven by the factors like increasing investment in digital asset and there potential for substantial returns and theoretical framework for assessing the impact of CBVC and cryptocurrency on traditional banking while addressing monetary policy implications, concern regarding financial stability and competitive landscape.
KEYWORDS
Publication Date
9/25/2023
Peer Review Type
Double-Blind Peer Review
Review Rounds: 2
Documents
Article Views
0
Total views since publication
PDF Downloads
1
Total downloads since publication
Geographic Reach
5
Digital Preservation: This article is permanently archived on Zenodo and complies with all data preservation standards across major indexing platforms.
Plagiarism Screening
This manuscript has been checked for plagiarism using TurnitinPlagiarismChecker software.
Conflict of Interest
The authors declare no conflict of interest related to this research work.
Funding Information
No funding information available for this research.
Related research in the same subject area
Loading similar articles...