📄 Abstract
The rapid proliferation of digital currencies, including the emergence of central bank digital currencies (CBDCs), is transforming the global economy. This shift unleashes new opportunities alongside regulatory challenges that will reshape the financial landscape through 2030. It prompts critical questions about monetary stability, the future of traditional banking, and the demand for robust international governance. This paper explores the multifaceted digital currency revolution, analysing drivers of adoption, technological readiness, and public acceptanceparticularly in major economies such as Bangladesh, China, and India. Employing a mixed-methods approach, this study integrates quantitative data analysis with qualitative policy review. The qualitative component draws on an extensive literature review of academic publications, industry reports, and news analyses. Quantitative data, sourced from central bank reports, government publications, and adoption statistics since 2020, emphasizes metrics like infrastructure readiness, public acceptance, and adoption rates in Bangladesh, China, and India. Findings reveal a complex and uneven path to digital economies. Digital currencies increasingly pressure traditional banking models and complicate monetary policy implementation. The transition demands tailored, far-reaching reforms by governments and financial institutions. Notably, the interplay between state-backed CBDCs, legacy financial systems, and decentralized cryptocurrencies fosters a dynamic, unpredictable environment.
🏷️ Keywords
📚 How to Cite:
Faria Mahmud , THE FUTURE OF DIGITAL CURRENCIES AND CBDCs: GLOBAL ECONOMIC IMPACT AND REGULATORY CHALLENGES THROUGH 2030 , Volume 13 , Issue 1, January 2026, EPRA International Journal of Economics, Business and Management Studies (EBMS) , DOI: https://doi.org/10.36713/epra25807