Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)

Legal Governance of Digital Currencies and Regulatory Sandboxes in the Blockchain Era

Authors
Yuting TANytan2882@uni.sydney.edu.au
School of Finance, Guangdong University of Foreign Studies, Law School, The University of Sydney
Corresponding Author
Available Online 26 March 2022.
DOI
10.2991/aebmr.k.220307.164How to use a DOI?
Keywords
Blockchain; Digital Currency; Regulatory Sandbox
Abstract

As an application of blockchain technology, digital currency has the risk of affecting the existing financial legal relationship, and has triggered the problem of digital currency regulation. Consumer protection, globalised asset flows, the dichotomy between the respective regulations of a single jurisdiction, and the difficulty in determining the subject of legal responsibility are all challenges faced by digital currency regulation. In this regard, it is necessary to clarify the legal attributes of digital currencies, and use the “regulatory sandbox” to regulate the blockchain, so as to balance the innovation and risk of the blockchain. Its core is to establish the technical standard access system, financing audit and registration system, and investor suitability management system of blockchain financial enterprises.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
26 March 2022
ISBN
10.2991/aebmr.k.220307.164
ISSN
2352-5428
DOI
10.2991/aebmr.k.220307.164How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Yuting TAN
PY  - 2022
DA  - 2022/03/26
TI  - Legal Governance of Digital Currencies and Regulatory Sandboxes in the Blockchain Era
BT  - Proceedings of the 2022 7th International Conference on Financial Innovation and Economic Development (ICFIED 2022)
PB  - Atlantis Press
SP  - 995
EP  - 1000
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220307.164
DO  - 10.2991/aebmr.k.220307.164
ID  - TAN2022
ER  -