Research On The Problem Of Decentralized Virtual Currency Supervision

47 years since the birth of the Internet, we have built a virtual world. The Internet is a decentralized network,also many decentralized applications based on the Internet. Seven years ago, the decentralized virtual currency such as Bitcoin is one of those. Decentralized virtual currency is famous for efficient, low cost, globalization, but there is also the risk of money laundering and so on.In order to protect financial consumers and anti-money laundering,we need regulation.This paper discusses the decentralized virtual currency, regulatory issues, in order to explore how financial innovation escorted by law and promote financial inclusion. The first part introduces the definition of decentralized virtual currency, followed about its history, and then summed up the characteristics and risks; this part is to clarify the scope of this article and discussion about the object. The second part describes the regulatory status of China, analyzes the problems pointed out the need to improve the regulation; this part of the proposed regulation of the existing legal shortcomings, the financial consumer protection is not enough. The third part through the introduction of foreign regulatory analysis of its inspiration to our country; this part is to find out by experience for our reference comparison method. Our proposed regulatory proposals for decentralized virtual currency last part of this section to tilt first proposed financial consumer protection, provide them with legal protection of rights, and for our country to the center of the virtual currency trade at the low end of the case put forward by industry associations to strengthen self-discipline to implement anti-money laundering requirements and strengthen the guidance of the industry to high-end development. Finally, when conditions are ripe to be issued special regulations and strengthen international cooperation.In the context of globalization, financial innovation is no longer a matter within a country. Block chain technology in the global financial and more industries will be challenges to the centralized thinking of the past generation, we should be more clear understanding of that it's a kind of inclusiveness, rather than a fight about who replaced who. This article is just to do a little combing in a small part, and is willing to be more inclusive in the world, offering a little dissatisfied.