Research On The Legal Regulation Of Bitcoin

Bitcoin has been increasingly active in the financial sector since its inception in 2009.The inherent decentralization,anonymity,and the features of global trading make bitcoin popular with people who believe in its intrinsic value.But price volatility,making the financial crime series problems also exist at the same time,even for the country's legal tender and monetary policy constitutes the different degree of impact and challenge,therefore,the experts and scholars throughout the world unfolds the legal regulation for the bitcoin of discussion and research.The purpose of this article on the premise of clear concept extension,combined with worldwide for the attitude of the bitcoin,to explore in the context of China's legal regulating of the bitcoin issue.First chapter,this article embarks from the concept and characteristics of the bitcoin,mainly through the bitcoin compared with the extension of related concepts,expounds the uniqueness of the bitcoin.The second chapter,based on the expatiation of the uniqueness of the bitcoin,summarizes the necessity of studying the law system of the currency,including four aspects of the legal issues: challenge the risk of a country's central bank functions and powers,protection of the rights and interests of consumers,"decentralized" characteristics of regulatory difficulties,COINS anti-money laundering law regulation,the currency impact on the existing financial supervision system.The third chapter,this paper expounds the major foreign countries about the present situation of the bitcoin policy,and to analyze the foreign policy response.Around the world for the bitcoin and the attitude of the block chain technology can be roughly divided into three kinds of attitude: strict,laissez faire,sand box regulation.The United States,Japan,the United Kingdom in the aspect of legal regulation to show for the acquiescence of bitcoin,a positive attitude,a relatively sound legal regulation reflects blocks for chain technology in-depth study and approval.The fourth chapter,in combination with foreign regulatory measures,in recent years our country legal regulation,and for the currency under the premise of the change of the legal regulation,in the face of the problems exposed by the financial supervision and regulation,should be legal regulation of our country technical innovation,driven by technology supervision mode instead of type control regulation mode.To coordinate in both financial innovation and financial supervision under the premise of the supervision model of China should explore suitable for their own,so that they can more fully utilized financial drive the financial development of science and technology.