Title :
Research on the Multiple Attributes of Virtual Currency and its Regulation
Author :
Fang Yinqing ; Wu Hong
Author_Institution :
Beijing Univ. of Posts & Telecommun., Beijing, China
Abstract :
According to virtual currency\´s developing period, its four attributes and regulation is examined in this paper. Virtual currency\´s commodity attribute, currency attribute, "virtual" attribute and legislation attribute are discussed respectively. Based on its present functions, commodity attribute is proclaimed to be its nature.And then setting up virtual currency\´s access system, censorship, early warning mechanism, crisis management mechanism and improving technology management are explored to improve its regulation. The study provides a theoretical and practical foundation for virtual currency management.
Keywords :
electronic money; legislation; censorship; commodity attribute; crisis management mechanism; early warning mechanism; legislation attribute; technology management; virtual attribute; virtual currency access system; virtual currency management; virtual currency regulation; Automation; Mechatronics; attribute; nature; regulation; virtual currency;
Conference_Titel :
Measuring Technology and Mechatronics Automation (ICMTMA), 2014 Sixth International Conference on
Conference_Location :
Zhangjiajie
Print_ISBN :
978-1-4799-3434-8
DOI :
10.1109/ICMTMA.2014.134