Analysis on the Impact of Digital Currency Technology on the path of RMB Internationalization
Abstract
With the advent of the digital era, the emergence of digital currency has promoted the change of the international monetary
system. China follows the tide of The Times and issues digital currency through the People’s Bank of China, which has received wide
attention from all walks of life. By seizing the opportunity of digital currency, the RMB has accelerated its international pace and increased
its international infl uence. This paper analyzes the nature and characteristics of digital currency, discusses the impact of digital currency on
the internationalization of RMB, and puts forward relevant policy suggestions to provide new ideas for the internationalization of RMB.
system. China follows the tide of The Times and issues digital currency through the People’s Bank of China, which has received wide
attention from all walks of life. By seizing the opportunity of digital currency, the RMB has accelerated its international pace and increased
its international infl uence. This paper analyzes the nature and characteristics of digital currency, discusses the impact of digital currency on
the internationalization of RMB, and puts forward relevant policy suggestions to provide new ideas for the internationalization of RMB.
Keywords
Digital currency, RMB, internationalization
Full Text:
PDFReferences
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[3] Biao Gu,Zijian Xu. Digital currency enables RMB internationalization -- An investigation based on the “Multilateral Central Bank Digital Currency
Bridge” project [J]. Financial Market Research,2023,(09):68-78.
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DOI: http://dx.doi.org/10.18686/modern-management-forum.v8i2.12343
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