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All Journal Jurnal Administrasi Negara Journal of Government and Civil Society JISIP: Jurnal Ilmu Sosial dan Pendidikan Kombud Jurnal Syntax Imperatif : Jurnal Ilmu Sosial dan Pendidikan Sadar Wisata: Jurnal Pariwisata Journal of Economics and Business Letters Jurnal Ilmu Administrasi Negara
Ahmad, Syarif
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Religion Arts Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Social Sciences Other

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Journal : Journal of Economics and Business Letters

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The impact of digital currencies on traditional banking systems: An analysis Ahmad, Syarif
Journal of Economics and Business Letters Vol. 3 No. 2 (2023): April 2023
Publisher : Privietlab

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55942/jebl.v3i2.277

Abstract

In the wake of the digital revolution, the financial landscape has seen the emergence of digital currencies as potent tools that promise to redefine traditional banking systems. This paper delves into the myriad ways through which digital currencies influence the operational, regulatory, and competitive arenas of traditional banks. By integrating empirical data analysis with an exhaustive review of current scholarly and industry literature, we uncover the nuanced dynamics between digital currencies and traditional banking institutions. Our investigation reveals that while digital currencies offer unparalleled efficiencies and opportunities for financial innovation, they simultaneously challenge the existing regulatory frameworks and pose risks to the stability and security of traditional financial systems. The outcomes of this research not only shed light on the immediate effects of digital currencies but also pave the way for future inquiries into their long-term implications on the global financial ecosystem.
Co-Authors Akhyar Akhyar Argubi, Adi Hidayat Ashadir, Ashadir Basri, Seta Chumaedi, Ahmad Firdaus Firdaus Haeril, Haeril Haswira, Ma'mur HIDAYATULLAH, ARIEF Ibnu Khaldun Irham Irham Wahidin Wahidin