On Legal Analysis and Regulatory Advice about Virtual Currency

Virtual currency is a kind of electronic security certificate of claims to the issuer,with micro-payment functions and reward functions.With the popularity of the Internet and rapid development of online gaming industry,a large number of virtual currencies have been issued and used.The issuance and use of virtual currency bring a certain degree of risk to the users and the country's financial order.It is suggested that it is necessary to clarify the legal nature of virtual currency through legislation of judicial interpretation,to strengthen the regulation of the issuance and transaction of virtual currency,and to protect the interests of the holders of virtual currency.