The Impact of Central Bank Digital Currencies on the Traditional Banking System

Home Page
About
Submit A Journal
Submit A Conference
Submit Paper/Book
- Submit a Preprint
- Submit a Book
Contact

Bankacılık ve Finansal Araştırmalar Dergisi
Volume:11 Issue:1
The Impact of Central Bank Digital Currencies on the Traditional Banking System

The Impact of Central Bank Digital Currencies on the Traditional Banking System

Pages : 54-62

View : 70 | Download : 95

Publication Date : 2024-01-15

Article Type : Research Paper

Abstract :This paper critically analyzes the potential impact of Central Bank Digital Currencies (CBDCs) on the traditional banking system, considering the increasing global attention these central bank-issued digital currencies are receiving. The objective is to provide insights into the disruptions, opportunities, and challenges that traditional banks may face with the introduction of CBDCs. Examining factors such as disintermediation risks, the possibility of heightened digital dollarization, shifts in demand for bank services, and concerns regarding data security and privacy, the research significantly contributes to the ongoing discourse on the future of banking in the digital currency era. Policymakers, central banks, financial institutions, and researchers stand to benefit from the anticipated valuable outcomes of this study, enabling them to better understand potential implications and formulate effective strategies for navigating the evolving landscape shaped by both CBDCs and the traditional banking system.
Keywords : Geleneksel Bankacılık, Merkez Bankası Dijital Para Birimleri, CBDC

ORIGINAL ARTICLE URL

VIEW PAPER (PDF)

* There may have been changes in the journal, article,conference, book, preprint etc. informations. Therefore, it would be appropriate to follow the information on the official page of the source. The information here is shared for informational purposes. IAD is not responsible for incorrect or missing information.