Research On Legal Issues Of Legal Digital Currency Issuance In China’s Central Bank

Every leap forward in technology has a major impact on the shape and development of money.With the advent of advanced digital technologies such as blockchain,cloud storage and artificial intelligence,the shape of the currency has also begun to develop digitally.The statutory digital currency issued by the central bank has the advantages of low circulation costs,higher payment and settlement efficiency,higher security,and more stable currency.Governments are committed to research and development of their legal digital currency,so the central bank will issue legal figures in the future.Currency has important changes in the country’s economic and social development.This paper analyzes the future of China’s central bank issuing legal digital currency to China’s economy and society from the aspects of guaranteeing the status of legal digital currency,improving the payment function of legal digital currency,ensuring the effectiveness of monetary policy implementation,and facilitating the provision of better financial services to the public.The significance of it.In the legal field,the future release of legal digital currency by the central bank may face a lack of issue basis,legal liability problems,easy disclosure of personal information,and the current prevention of counterfeit currency mechanism will also face new challenges.This paper proposes specific solutions.First,The central bank issuing legal digital currency mustadhere to the principle of unity of convenience and security,the principle of unification of real name and anonymity,the principle of unification of planned issuance and economic issuance.Secondly,the legal basis should clearly stipulate the basis for issuance of legal digital currency.Legally,the digital currency issued by the central bank is a kind of legal currency in China,and should have the same legal status as the physical currency.Third,the issue of legal digital currency will pose new challenges to the existing anti-counterfeiting mechanism.The establishment of a special anti-counterfeiting mechanism and the improvement of current laws and regulations provide solutions.Fourthly,the issue of the disclosure of personal information and the limitation of personal information may be used in the case of the central bank issuing legal digital currency.Discussed;fifth,for the central bank After the legal digital currency,the existing anti-money laundering mechanism may not match it.This paper believes that we should consider the expansion of anti-money laundering institutions,improve the identification mechanism of legal digital currency accounts,and establish an anti-money laundering information sharing platform to establish sound legal figures.Currency anti-money laundering mechanism.