Implementing Monetary Policy: Ease of Transacting with Digital Currency

Abstract

This study aims to find out whether the use of digital transactions will change the monetary policy carried out by the central bank. Indonesia is one of the countries that is conducting research on the development of digital currency by the central bank, this is supported by technological advances that make people need transactions that are faster, safer and more efficient. This research will see whether the development of digital rupiah by the central bank will be accepted by the public, such as the use of e- -money which is widely used by people in the modern era. This study used a qualitative method with a literature review approach. the results of the study found that, Until the current CBDC development, the central bank believes that the implementation of monetary policy is considered more effective and on target because the use of digital currency is directly supervised and executed by the central bank. the implementation of the use of digital currency for the future is considered to facilitate transactions and the public will easily access information about their transactions safely.