Digital currency is an alternative currency in the form of electronic currency，Since the birth of Bitcoin，Many different types of digital currencies have appeared。According to incomplete statistics，As of June 2022，There are a total of 10020 private digital currency projects in the world。Due to anonymity，Some private digital currencies are used for illegal activities。The risks and challenges brought by the private digital currency，The central bank's digital currency is gradually valued。The central bank's digital currency uses blockchain and distributed accounting as a technical basis，is an organic combination of digital credit and national credit，Not only an important factor in ensuring economic development，and can reshape an important impact on the global monetary system and financial system。

　　bet365 Play online games

In recent years，Central banks of various countries have strengthened digital currency research and development and pilot。International Clearance Bank in May 2022 The central bank's digital currency survey results show，Among the 81 central banks participating in the survey，90%are conducting digital currency -related research，62%is conducting relevant experiments or concept verification。Many countries are open to digital currencies，and develop in technology、The construction of the regulatory system and the construction of the regulatory system。

First，Increase technological innovation。The TechLab group under the Federal Reserve curses currency bet365 Play online games operation and future development，Perform empirical research and prediction analysis，In -depth study of the digital currency payment mechanism、settlement mechanism and supporting technology，and carry out digital currency related interests and risk predictions。To explore digital currency -related technologies，The Fed also cooperates with MIT，Build a virtual currency system。The Swedish Central Bank has begun testing the statutory digital currency "electronic Kerong"，In "Isolation Test Environment"，Simulation users can hold electronic Kerong in digital wallets，Payment through mobile applications、deposit and withdrawal。The Central Bank of Senegal issued a legal digital currency ECFA，High safety factor，Can support electronic wallets or mobile wallets，Able to achieve virtual interaction，and ensure the ecological development of the digital currency system。

Next，Strengthening cooperation between departments。Japan's Ministry of Finance、The Financial Hall and the central bank conducted an empirical analysis and discussion around digital currency，and jointly launched the digital currency trial project。The European Central Bank has established a committee that specializes in digital currency，Dedicated design and optimization of digital currency system，released a series of products related to the R3Corda platform。Federal Reserve、The Ministry of Finance and other relevant government departments have also passed communication and consultation，Formally issued a consensus for digital dollars。

again，Establish and improve the relevant laws and regulations of digital currency -related laws and regulations。2018，The bet365 live casino games Republic of the Marshall Islands formulates crypto digital currency -related regulations，and launched the "SOVEREIGN (SOV)" currency product，This currency comes from upgrading and optimization from the "YOKWE framework"，Its users need to verify identity information after entering the blockchain，and provide customer information to financial institutions，to realize "fully understand your customer" (Know Your Customer，kyc) Anti -money laundering monitoring management。"Fully understand your customer" policy not only requires financial institutions to implement the real -name system，Understand the actual controller of the account and the actual income of the transaction，And require financial institutions to fully understand the identity of customers、The address of the residential place or the business activities engaged in the enterprise，and take corresponding preventive measures。Britain adopts a "sandbox" regulatory system for fintech，Evaluate risks regularly by detecting digital currencies at the level of use in the UK，to ensure the stability of currency and finance。Russia passed the Digital Financial Assets Law in 2021，This represents its first issuance of token -related regulatory systems for digital currency and blockchain projects，Provides legal basis for digital asset transactions，and make Russia's cryptocurrency transactions legalized。But Russia banned cryptocurrencies similar to Bitcoin as a payment method。

Last，Strengthen international exchanges and cooperation。February 2021，Hong Kong Financial Administration、Central Bank of Thailand、Arab Emirates Central Bank of China and the People's Bank of China Digital Currency Research Bet365 app download Institute announced the joint launch of the multilateral central bank digital currency bridge research project (M-CBDCBRIDGE，The following referred to as "Currency Bridge")，It is designed to explore the application of the central bank's digital currency in cross -border payment。October 2022，Currency Bridge Platform successfully completed the first real transaction test based on digital currencies in 4 countries or regions，From Mainland China、Hong Kong, China、Twenty commercial banks in Thailand and the UAE have completed more than 160 multi -scenario payment settlement business based on the currency bridge platform。This has promoted the development of digital currency to a certain extent。

　The central bank's digital currency can bring multiple benefits

From the perspective of comprehensive research results，The central bank's digital currency has many benefits。First，The central bank's digital currency is endorsed by the national credit，Has high security。2，Digital currency has traceability，Will record every capital transaction of users，This can prevent money laundering、Telecom fraud、illegal transaction、Tax evasion and other illegal acts。third，Digital currency transactions are more flexible。Fourth，If the central bank's digital currency can be widely used，can provide convenience for information collection，Help governments to better understand national consumption、Bank credit、Currency issuance、Savings balance information，Provide reference data for the formulation of macroeconomic policies。other，The use of central bank digital currencies can also effectively reduce currency printing、Storage and transportation costs。

Bet365 lotto review European digital currency experts, Sarah Allen, said，Digital currency by issuing digital currency，Can develop and build more efficient、Compatible financial market，and make monetary policy transmission more accurate。The transparency of the central bank's digital currency，It will also enable policy makers to obtain a more macro global economic perspective。

Expert in the field of European digital finance Igor Pakicch believes，Digital currency helps enhance the inclusiveness and inclusiveness of finance。"People can receive more conveniently、Storage or trading digital currency。For areas where traditional financial infrastructure construction is underdeveloped，The significance of digital currency of the central bank is even more prominent。It also helps greatly improve payment efficiency，Especially cross -border payment efficiency。”

　　Broad development and research prospects

Pwa Yongdao Accounting Firm released the 2022 Global Central Bank Digital Currency Index Report display，Global central bank digital currency will have three development trends in the future。First, the central bank's digital currency project will continue to develop，Especially many developing countries will promote the improvement of domestic financial inclusiveness through the development of digital currencies in the central bank。The second is that the central bank's digital currency project will start to pay attention to user experience。The third is to make technical decisions。In order to enable the central bank's digital currency of various countries to be interoperable in the future，The central banks of various countries need to choose which technologies their digital currency use。

Nigerian scholar Peter Sen Ozili believes，Research on digital currency of the central bank in the bet365 live casino games future can pay attention to the following issues。First, find the best central bank digital currency design that can meet multiple goals。Current，Digital currency of the central bank is still difficult to achieve multiple goals at the same time，The central bank digital currency designed to achieve a certain goal may hinder the implementation of other important goals。For example，The central bank digital currency designed to achieve the stable price and financial stability may be difficult to achieve its efficiency target。The second is to find the empirical evidence of the central bank's digital currency on credit costs and financial stability。Third, seeking a balance between restricting central bank digital currency holdings and retaining user choices and preferences。The central bank will limit the holdings of digital currencies in the central bank for regulatory reasons，But this may make users unable to hold as many central bank digital currencies，It may make some people prefer cash payment and abandon the central bank's digital currency。So，Find a balance point between restricting the holding of the central bank's digital currency and user preferences。Four is，Carry out the study of digital currency design cases in specific countries and regions。Through regional case research，You can thoroughly understand the overall design characteristics of the central bank's digital currency，Carry out the study of digital currency design cases in specific countries and regions，What are the characteristics of the central banks of various countries in digital currency，and what kind of reference value does these designs have for other countries or regions。

(Author Unit: Xiangtan University Business School)