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This is a Quantitative Study study.

The Rise of Cryptocurrencies: Implications for Monetary Policy and Financial Stability

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Descriptive analysis explores cryptocurrencies' roles in monetary policy and financial stability, suggesting regulatory improvements.

Respondents noted that central banks face challenges with controlling inflation and interest rates due to cryptocurrencies.
Opportunities provided by cryptocurrencies include increased financial inclusion and reduced transaction costs.
The research found that despite high awareness, cryptocurrencies' formal transaction usage remains low among financial experts.
A balanced regulatory framework is necessary to mitigate risks associated with cryptocurrencies such as volatility and cybersecurity.

Aamir Khan (2025) studied this question.

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