The Financial Influence And The Supervision Tendency Of Digital Currency

With the continuous innovation and development of Internet technology,electronic payment has replaced cash and become a common payment method.The upgrade of people's payment methods has also brought about currency innovation,and a wide variety of digital currencies have begun to emerge.Bitcoin is a typical representative of digital currency.Since the birth of digital currency,the algorithm has developed rapidly and the algorithm has been optimized and upgraded,and the types are becoming more and more abundant,which has a full impact on China's financial industry.Digital currency has the characteristics of decentralization,which increases the difficulty of supervision by financial regulatory authorities.Many digital currencies also have problems such as large loopholes in legal supervision,high risk of speculation and poor security of network platforms,especially the successive bankruptcy events of digital currency trading platforms in various countries.fraud incidents,hacking attacks,which not only damage the legitimate property rights of financial investors,but also destroy financial market order,and challenge to our existing regulatory framework and policies,which makes us digital currency The financial impact brought by it is more concerned and in-depth research on the future regulatory issues of digital currency to seek better solutions.Based on the above background,this paper first reads and learns a wealth of information.In the second chapter,this paper looks for the theoretical basis of digital currency,looks for the characteristics,origin and development of digital currency,and analyzes whether the digital currency represented by bitcoin is Has a monetarycharacter,is it a real currency? In the third chapter,the current situation of digital currency at home and abroad is analyzed,and finally compared.In Chapter 4,the risks of digital currency and the impact on the financial system are analyzed.In view of the above risks and problems,and referring to the two attitudes of digital currency supervision in the world,this paper puts forward the regulatory trend of digital currency in the future in Chapter 6,and finds solutions to the above problems.In the sixth chapter of this paper,based on the above problems,combined with the theoretical basis,the international regulatory experience of digital currency and the actual situation in China,it is proposed to establish an effective digital currency supervision mechanism,focus on protecting the legitimate rights and interests of investors,and gradually create legal digital currency and Strengthen exchanges and cooperation with international organizations.At this stage,the literature on digital currency is mainly concentrated in the blockchain and bitcoin,but there are few studies on the risks and regulatory trends faced by China's digital currency.This paper analyzes the characteristics,origin and development of digital currency,and conducts an in-depth analysis of the risks of digital currency and current regulatory issues,and draws on foreign regulatory experience,and finally proposes regulatory methods and regulatory principles.The shortcomings of this paper are as follows: First,China's digital currency started late and its development is relatively immature.The business scope,future environment and business methods have not yet been determined.China's regulations on digital currency have not yet been promulgated,but this article The research on digital currency is mainly based on the lack of data and related information in recent years,and the lack of relevant policies that have not been issued is not complete and sufficient.Second,the problems studied in this paper and the solutions sought are still at a shallow level,which is not deep enough.The reason is that the digital currency can be used for international supervision experience,andfinancial innovation is ahead of financial supervision.The players are still in constant game.In the continuous development process of digital currency,there will be some unexpected new circumstances.The continuous impacts and results of these cases are not sufficiently exposed.Therefore,it is difficult to draw conclusions.In view of this,I will continue to read relevant literature in the future study,continue to follow this topic,and strive to carry out deeper research and get more comprehensive and deeper conclusions.