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Academic Journal of Humanities & Social Sciences, 2023, 6(16); doi: 10.25236/AJHSS.2023.061625.

Research on legal issues of legal digital currency


Liu Yang

Corresponding Author:
Liu Yang

Anhui University of Finance and Economics, Bengbu, Anhui, China, 233030


The research on legal digital currencies in China is gradually deepening and has been tested in multiple regions, with increasingly diverse application scenarios. By comparing and analyzing the similarities and differences between legal digital currency and other virtual currencies, it is concluded that legal digital currency has the characteristics of lower cost, higher security and more conducive to supervision. At present, the implementation of legal digital currency in China will face legal problems such as issuing no legal basis, unclear legal compensation provisions of legal digital currency, easy disclosure of personal information and imperfect anti-money laundering mechanism. The above problems can be solved by clarifying the issuance basis of legal digital currency, stipulating the legal compensation of legal digital currency, improving the user's personal information protection system, and improving the anti-money laundering system.


Legal digital currency; Legal compensation; Anti-money laundering

Cite This Paper

Liu Yang. Research on legal issues of legal digital currency. Academic Journal of Humanities & Social Sciences (2023) Vol. 6, Issue 16: 161-169. https://doi.org/10.25236/AJHSS.2023.061625.


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