Regulatory Issues of Digital Currencies
Chen Zhu
Nanjing University of Finance and Economics, China.
Zixuan Fu *
Nanjing University of Finance and Economics, China.
*Author to whom correspondence should be addressed.
Abstract
With the rapid development of the Internet and electronic payment, digital currencies with blockchain as the underlying technology have gradually entered people's horizons and have also received the attention of governments around the world. Due to the convenience and decentralization of digital currency transactions that are not limited by time and region, it has a significant impact on traditional commercial systems around the world, and its core block chain technology may trigger changes in many areas. At present, different countries have different views on the legal status of bitcoin digital currencies, but digital currencies circulate across borders and regions. Once problems arise, it is difficult to have a unified regulatory measure to deal with them.
Keywords: Regulatory issues, digital currencies, bitcoin, blockchain