Research On Legal Regulation Of Money Laundering Crime Of Digital Encrypted Currency

Money laundering crime is a kind of economic crime which endangers the great difficulty of supervision and seriously endangers the stable development of national social,political and economic,but it is difficult to supervise it and put an end to this kind of crime.IMF data analysis shows that the amount of money laundering is huge every year,accounting for about 4% of the total global GDP.While the rapid development of economic science and technology,it also brings new problems to the anti-money laundering work.The emergence of digital cryptocurrency puts the development of the international anti-money laundering work into difficulties.Digital crypto currency,as a developed product of information technology in the new century,Based on the blockchain technology,With the support of information technology such as programming,Form non-physical currencies different from traditional currencies.There are thousands of digital crypto currencies worldwide,There are about 1,6 0 0 kinds in circulation in China alone.The digital crypto currency first appeared in the ran som ware virus of May 2017,locked file information can be redeemed if a bitcoin is paid.Bit coin rose in value between 2008 and 2021,Once ed by a $ 0.0.2 5 to $ 3 2,1 6 4.9 4,Since the birth of bitcoin,Its price has risen by more than 1 2 million times.Now its circulating market value is RMB 3.85 trillion($ 5 9 0billion),On the global asset market value ranking,Bit coin’s market capitalization is only slightly less than Alibaba.The rapid development of digital cryptocurrencies is due to its low transaction cost,decentralization,digitization,fast transaction and anonymity,which makes digital cryptocurrencies occupy a certain dominant position in traditional currency,so that it sets off a "big wave ".However,its decentralization and anonymity are a double-edged sword,which brings its advantages,but also buries a series of huge hidden dangers,accompanied by a series of criminal risks.Just like the "blackmail virus" called wanna cry in May 2017,and the frequent attacks and blackmail incidents on computers of multiple Bili users(uploader)this year.Because of the anonymity of bitcoin transactions,criminals used this to attack others’ computers.The characteristics of digital cryptocurrency make regulation more difficult and create huge space for fraud,money laundering and other behaviors.For example,in2013,the United States "Silk Road" website suspected of money laundering case,using the characteristics of digital encryption currency decentralization,bitcoin " wash white ".The characteristics of digital encrypted currency,such as fast transaction and anonymity,make criminals take advantage of it,and make it difficult for judicial organs to investigate and obtain evidence for crimes such as money laundering,and it is difficult to supervise and crack down on the crime of using digital encrypted currency.In order to deal with this kind of situation,our country needs to supervise the money laundering of digital encrypted currency,strictly control the digital encrypted currency,and reduce the rampant situation of bitcoin money laundering.This paper explores the conceptual characteristics of digital crypto currency money laundering,studies the anti-money laundering measures of digital crypto currency money laundering,studies the current situation of digital crypto currency,and the policy of digital crypto currency money laundering,and finds the regulation of digital crypto currency money laundering.