The Impact of Digital Currency on Foreign Exchange Management and Countermeasures

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Application of Intelligent Systems in Multi-modal Information Analytics (MMIA 2021)

Part of the book series: Advances in Intelligent Systems and Computing ((AISC,volume 1384))

Abstract

The first application scenario of digital currency by the People’s Bank of China was launched in Suzhou on April 16, 2020. Digital economy is an increasingly important driving force of global economic growth. The popularization and development of digital currency will become the trend of The Times, and at the same time have a certain impact on foreign exchange management. By sorting out the concept and supervision of digital currency, the essay analyzes the beneficial impact of digital currency on foreign exchange management and problems existing in supervision, and puts forward suggestions to further improve the foreign exchange management supervision system.

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Liu, W. (2021). The Impact of Digital Currency on Foreign Exchange Management and Countermeasures. In: Sugumaran, V., Xu, Z., Zhou, H. (eds) Application of Intelligent Systems in Multi-modal Information Analytics. MMIA 2021. Advances in Intelligent Systems and Computing, vol 1384. Springer, Cham. https://doi.org/10.1007/978-3-030-74811-1_13

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