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Stream/Area:
-
Subject:
-
Paper ID:
10.55041/IJSREM32536
Volume:
8 |
5 |
May 2024
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 investigates the profound implications of digital currencies on traditional banking systems and financial stability. Through a comprehensive analysis of the evolving landscape, it examines how the rise of digital currencies, such as Bitcoin and stable coins, challenges the conventional banking model, alters payment systems, and potentially reshapes the regulatory framework. The research delves into the potential risks and benefits associated with the integration of digital currencies into the financial ecosystem, considering factors such as monetary policy transmission, financial inclusion, and systemic stability. By providing insights into the transformative impact of digital currencies, the study aims to inform policymakers, regulators, and market participants about the necessary adaptations required to ensure the resilience and effectiveness of banking systems amidst this paradigm shift in finance.
KEYWORDS
Publication Date
12/31/45415
Peer Review Type
Double-Blind Peer Review
Review Rounds: 2
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Conflict of Interest
The authors declare no conflict of interest related to this research work.
Funding Information
No funding information available for this research.
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