التعامل بالنقود الالكترونية و أثره على وظيفة الإصدار النقدي للبنوك المركزية

Abstract EN

Dealing in electronic money instead of legal money issued by central banks has affected their ability to perform their core function in the cash issuance for which they were created, so this study aims to determine the nature of electronic money and the mechanism for dealing with it, and the extent of its impact on the monetary issuance function of central banks.

Accordingly, we have found that the impact of electronic money on the money supply depends mainly on the extent of its spread on the one hand, and the extent to which it will replace legal money on the other, which varies from country to country in contrast with each country's technological and information development.