A Comparative Study Of Bitcoin Regulation Between China And America

Due to the growing maturity of Internet financial,virtual currency has gradually gained the attention of the world.The virtual currency from the beginning of the special currency game currency,portal to the bitcoin virtual currency,its functions in terms of exchange,sale to a more professional Internet financial investment constantly updated,"the definition of the concept of the Internet + virtual currency" is constantly refresh the financial mode.As one of the bitcoin virtual currency to rise rapidly in recent years,the controversy has never stopped,some economists believe that it is a hoax,but some economists expect it to be a new currency in global circulation.With the continuous development of bitcoin,the application of its people from the simple speculative arbitrage gradually converted into a means of payment.However,with the continuous development of bitcoin related industries,a series of problems of network security,the rights and interests of investors,financial market security began to appear,from the "Silk Road" incident to the terrorist organization money laundering,bitcoin is due to its characteristics of anonymity,confidentiality to Internet financial challenges facing growing influence for each country,bitcoin has issued a number of policies,the two countries agreed that bitcoin does not belong to the category of currency,but the specific regulatory measures are far apart.Therefore,this paper makes a concise and comprehensive overview of the domestic and foreign research related to bitcoin regulatory issues,review the results of previous studies and to absorb,and put forward the research ideas and research methods.I hope that through the study of the differences in the financial field between China and the United States,we can provide a more professional way for the effective management of bitcoin.Firstly,this paper introduces the origin and development of bitcoin from the basic level,and explains the reason why bitcoin becomes the representative virtual currency.At the same time,the risk of bitcoin in the process of development,the correct supervision through clear the various risks of harm to verify bitcoin really need the rest of the world,so as to ensure the good order of Internet banking market.Secondly,the specific measures stated US regulatory bitcoin,difference analysis and focus,from the nature of society,the Internet financial institutions,consumer habits,bitcoin industry,credit system and other aspects of in-depth study of the reasons for the differences,found the causes of Sino US regulatory measures do not fundamentally the same.Finally,from the Chinese point of view,analysis of China's regulatory bitcoin should adhere to the principle of providing more reasonable and effective suggestions for China's regulatory bitcoin.Hope that through analysis of the whole Chinese,for how to correctly view bitcoin,how to use the characteristics of bitcoin provide new ideas to create Chinese characteristics of digital currency.