w88 casino News Network (provided by the Law w88 casino)At 14:00 pm on July 13, 2023, the "Sovereign Digital Currency and Crypto-Assets" seminar organized by the Law w88 casino was grandly held in Conference Room 222, Administration Building, w88 casino.
The conference invited Ms. Liu Yan, Deputy General Counsel of the International Monetary Fund (IMF), and Ms. Chen Ke, senior financial sector expert of the Legal Department, as guest speakers. Ms. Marianne Bechara, senior advisor of the IMF Legal Department, and Ms. Grace Jackson, a financial sector expert, were also invited to attend the seminar. Nearly 30 experts and scholars from academic institutions such as Peking University, Tsinghua University, Renmin University, w88 casino, China University of Political Science and Law, Shanghai University of Finance and Economics, Central University of Finance and Economics, Shanghai University of Political Science and Law, Northwest University of Political Science and Law, as well as from practical circles such as Beijing Dacheng Law Firm and Beijing Yiyuan Law Firm, attended the seminar. This seminar was co-hosted by Professor Fu Jun, Director of the International Financial Law Research Center of the w88 casino, and Professor Chen Sheng, Vice Dean of the Institute of Finance and Law, Northwest University of Political Science and Law.
Professor Mei Xiaying, Dean of the Law w88 casino of the w88 casino, delivered a speech first. He extended a warm welcome to the visit of Ms. Liu Yan and his delegation from the IMF, and focused on the development history of the w88 casino and the legal discipline. Dean Mei Xiaying spoke highly of the importance of the seminar in promoting the legislation, administration and justice of my country's digital currency and cryptocurrency, and wished the seminar fruitful academic results.
The first phase of the meeting included two topics: "IMF's work in financial technology and digital currency" and "Central Bank Digital Currency: Law and Finance". Ms. Liu Yan introduced us to the IMF’s work on digital currency, the difficulties and challenges encountered in the practice of sovereign digital currency, digital currency and international private law, and the problems of digital currency in bank currency law, and affirmed China’s practice and pilot work in digital currency. Ms. Chen Ke focused on the international criminal law issues involved in digital currency, and particularly emphasized the anti-money laundering obligations of digital currency service providers and effective international cooperation among law enforcement authorities.
During the discussion stage, Professor Guo Li, Dean of Peking University Law w88 casino, mentioned the possibility of digital currency drawing on the development of paperless securities; Professor Song Xiaoyan, Dean of Shanghai University of Finance and Economics Law w88 casino, proposed that central banks of various countries should deal with digital currencies prudently; Qing Professor Gao Simin, deputy dean of the Law w88 casino of Hua University, believes that more attention should be paid to the private law guidance of digital currency; Professor Xing Huiqiang of the Law w88 casino of the Central University of Finance and Economics emphasized the impact of the emergence of digital currency on commercial banks; Lecturer Huang Yinxu of the Law w88 casino of Renmin University of China introduced the "criticism" conducted by Renmin University "Hairstyle" digital currency research; Professor Mei Xiaying, Dean of the w88 casino of Law of the w88 casino, emphasized that the logic behind the development of Bitcoin and digital currencies should be considered; Dr. Shang Bowen of the Peking University w88 casino of Law believed that it is necessary to find a legal basis for financial data governance regarding privacy protection issues; Ms. Grace believed that because different countries have different legal systems and regulations, it is difficult for countries to agree on the specifications of digital currencies, and believed that digital currency service providers should be restricted; Ms. Marianne expressed her concern and expectations for China's future digital currency practice.
Second phase of the meetingDiscuss the topic "Looking Forward to Cryptocurrency Assets: Legal and Financial Integrity Considerations". Ms. Liu Yan introduced the IMF’s work on encrypted assets, the legal certainty and nine effective factors of encrypted assets, challenges and bottlenecks in the supervision of encrypted assets, and other issues. Ms. Chen Ke mentioned the financial integrity related to crypto-assets, the international jurisdiction of crypto-assets, and the anti-money laundering obligations and supervision issues of crypto-asset service providers.
During the meeting, Professor Cao Shinan, director of the Financial Strategy and Quantitative Research Center of the w88 casino of Finance, w88 casino, analyzed the many restrictions on crypto-assets in China and the reasons behind them based on China's current situation; Associate Professor Zhao Binghao, w88 casino of Civil and Commercial Economics, China University of Political Science and Law, conducted an in-depth discussion and analysis of the judicial disposal of crypto-assets; Lecturer Li Jing, w88 casino of Law, Shanghai University of Political Science and Law, analyzed the nature of digital currencies and the connection between digital currencies and crypto-assets from the perspectives of constitutional law and administrative law. Attorney Xiao Sa, senior partner of Beijing Dacheng Law Firm, introduced and discussed the characterization and punishment issues faced by virtual currencies and crypto-assets in judicial practice based on the practice of crypto-assets in China.
