Research On The Legal Supervision Of Central Bank Digital Currency In Our Country

Our country’s central bank digital currency research started at the digital currency seminar held by the central bank on January 20,2016.The central bank’s digital currency pair reduces the cost of paper currency issuance and circulation,improves transaction transparency,controls money laundering and tax evasion and other financial violations,and improves currency The efficiency of policy implementation has an obvious role in promoting;facing the current status of international currency hegemony,it is also conducive to China’s response to the needs of international competition based on the national legal tender.This article believes that the theoretical research and system design of the central bank’s digital currency must involve its issuance and circulation supervision,risk supervision and other issues.Comparing the difference between central bank digital currency,digital currency,and legal tender,the difference between the three is mainly reflected in the different issuers and different manifestations.The characteristics of central bank digital currency issued by the central bank and endorsed by national credit make it have public law Legal reimbursement and identity;distributed accounting technology has strengthened the private law attributes of special types of central bank digital currencies.The emergence of central bank digital currency poses a challenge to the current monetary system and currency legal supervision system.How to effectively supervise the central bank’s digital currency to legalize its issuance and circulation and reduce legal risks in the Internet era is an important issue for the contemporary monetary system.Taking the legal supervision of the central bank’s digital currency as the core,and analyzing the status quo of the central bank’s digital currency legal supervision,the current legal supervision of the central bank’s digital currency has legislative supervision gaps,backward supervision concepts,lack of innovation in supervision methods,and risk supervision rule systems.Four aspects of imperfection.Compared with the current foreign supervision of the three major digital currencies,the foreign supervision of Bitcoin and Libra has provided us with beneficial experience in the legal supervision of digital currencies by the Central Bank of China.The construction of the digital currency legal supervision system of our central bank needs to be improved and innovated from four aspects.First,we need to clarify the application of the law and improve the laws and regulations related to the central bank’s digital currency;secondly,we must improve the current regulatory concepts to balance the central bank’s digital currency Different financial supervision concepts covered by currency;in addition,innovate supervision technology,introduce penetrating supervision methods,and conduct all-round supervision of central bank digital currency;finally,focus on information security and intelligence in the legal supervision of central bank digital currency Contract application issues,currency crime issues,clarify specific legal supervision rules,in order to improve and perfect the legal supervision system of our central bank’s digital currency.