International Comparative Study of Virtual Currency Supervision in Block Chain

Abstract

In order to explore the virtual currency supervision and compare the differences of it in different countries, taking bitcoin as an example, first of all, the measurements for supervising bitcoin are compared between China and America. In addition, the causes for the difference are further analyzed from social nature, Internet financial mode, and bitcoin industry. Based on this, the countermeasures for China to strengthen bitcoin supervision are put forward. The results showed that the factors for different supervision ideas are various. For the macro level, it includes social system; and for the micro level, it involves consumers’ consumption concept. As a result, it is concluded that it is necessary to fully combine with the national conditions and efficiently absorb advanced concept when learning and studying supervision systems with Chinese characteristics.