Author(s)

Wangheng Hu

Corresponding Author

Wangheng Hu

Abstract

The boom in virtual currency has greatly impinged financial order in China. However, there exist numerous deficiencies in the supervision of virtual currency in China. This paper analyzes the measurements that developed countries have adopted, for example, the US, Europe and Japan. Then useful propositions are provided on the basis of these analyses to effectively regulate virtual currency in China.

Keywords

Virtual Currency, Laws and Regulations, Financial Supervision