The Technical Choice And The Analysis Of Legal Issues About Legal Digital Currency

The emergence of digital currency,represented by Bitcoin,is challenging the traditional concept of the definition of currency,while the market trend of bitcoin is constantly refreshing people's understanding of the value of digital currency.It should be said,from the BITCOIN market value performance,it is not difficult to agree that digital currency is in a brand-new posture gradually into the world currency stage.The National Finance and Development Laboratory has issued an authoritative opinion: At present,the relevant departments in China are investigating and studying the underlying digital currency technologies,such as digital cryptocurrency and blockchain,by means of special research.The research shows that if the block chain is used as the underlying technology to issue digital currency,the financial convenience and coverage can be greatly enhanced,thus the efficiency can be improved,and the operating cost of financial services is expected to be greatly reduced.As the underlying technology of Bitcoin,blockchain ensures the transparency,openness,untamper-ability and decentralization of digital currency.The above characteristics for the future national issue of legal digital currency,some can directly reduce the issue of currency,circulation of the transaction costs,some may also present new challenges to the regulation of capital flows.In the near future,the Central Bank will officially issue statutory figures on behalf of the government.It can be predicted that digital currency will bring many challenges to the existing legal system.Whether in the field of civil law,financial law,economic law will face a lot of new issues.For example: The identification of the transfer of monetary ownership,the protection of personal information,the network payment,whether the digital currency belongs to the object of real rights,the court can not enforce the issue of the issue of privacy,the issue of the basis for the issue of money,the issue of monetary law,the issue of anti-counterfeit currency,the issue of anti-money laundering of digital currency,Bank runs,account system,financial accounting subjects,fiscal and tax structure,income from deposits,how to Levy taxes on digital currency,etc..Therefore,before we really start to issue legal digital money,on the one hand,we need to deal with the problem of technology choice and technology realization at the bottom,and on the other hand,we need to repair the defects in the legal system as soon as possible Defining digital currency status.Or through systematic law-making,legislation for the issuance of digital currency,circulation to provide a series of systems and legal protection.