On The Legal Supervision Of Digital Currency Trading Platforms

In order to protect the legitimate rights and interests of investors and prevent and resolve financial threats,China shut down domestic digital currency trading platforms in September 2017,prohibiting them from providing trading services for investors.However,facts have proved that our country's digital currency trading has not been banned,and various illegal platforms continue to provide domestic investors with trading services.More importantly,the “one size fits all” ban on digital currency trading platforms has instead led to platforms outside of legal supervision,resulting in more serious damage to investor rights and frequent associated crimes that are difficult to curb.This essay uses a literature research method to study the legal supervision of digital currency trading platforms in my country,and believes that the direct cause of the supervision problems is the lack of legal supervision of the platform in my country,which leads to uneven access thresholds and operating capabilities of the platform;platform sparseness;To fulfill the obligations of anti-money laundering and antiterrorist financing;the platform neglects to protect the legitimate rights and interests of investors.The fundamental reason is that the regulatory authorities have a vague understanding of the legal attributes of digital currencies,which has led to the neglect of the financial attributes of digital currencies,and it is difficult for platforms to be included in the financial regulatory system.However,due to the difficulty of banning the platform,the platform is the core of legal supervision,and the legal supervision of the platform helps to rectify the chaos of the platform,it is necessary to bring the digital currency trading platform back into legal supervision.A comparative study on the legal supervision of the United States,France,Japan,etc.,This essay finds that although the three countries have different national conditions,they have established their own digital currencies by clarifying the platform supervision subject and supervision authority,raising the platform access threshold,and strengthening the review of platform operation capabilities.The legal supervision system of the trading platform has achieved good supervision results.China can fully learn from the regulatory experience of other countries,take advantage of late-comer advantages,promote the legalization of digital currency trading platforms on the basis of clarifying the legal attributes of digital currencies,and incorporate them into the regulatory bodies of the current financial system;Establish China's digital currency trading platform regulatory system to regulate digital currency transactions by clarifying platform regulatory authorities,raising platform access thresholds,and regulating platform transaction models;strengthen the regulatory system through the application of anti-money laundering and anti-terrorist financing regulatory systems The method of international cooperation has achieved the effect of deterring platform money laundering and terrorist financing crimes.