Research on Legal Risks of Legal Digital Currency
Zhuoer Zhang · Advances in Social Science, Education and Humanities Research/Advances in social science, education and humanities research · 2021
The rapid development of financial technology has accelerated the process of currency digitization.Legal digital currency, endorsed by national credit, has inherent advantages such as low circulation costs and high transaction efficiency.The issuance and circulation of legal digital currency will surely bring profound changes to society.From a legal perspective, the advent of legal digital currency will face multiple risks such as frequent crimes, lack of law, and system incompatibility.Therefore, it is necessary to upgrade technology, improve legislation, strengthen the application and supervision of the legal system, and provide strong legal protection for the central bank to issue legal digital currency.