A Study on the Creation, Impact and Legal Issues of Crypto Special Drawing Rights

This book analyzes the concept, theory, rules, and impact of the reform of the international monetary system and Crypto-SDRs and provides a feasibility analysis of the combination of blockchain technology and SDRs. It explores and summarizes the possibility of solving problems such as the inherent defects of the current international monetary system and creatively suggests that the birth of Crypto-SDR will have a positive impact on countries and industries and fields around the world, especially in anti-money laundering, cross-border asset recovery, international payments, banking, insurance, financial auditing, Fintech regulation, etc.

Discusses and summarizes the possibility of solving problems Proposes that the birth of Crypto-SDRs will have a positive impact on countries around the world Provides a feasibility analysis of the combination of blockchain technology and SDRs

Autorentext

Leo Zeng, Ph.D. in international law, graduated from Xiamen University with years studied on blockchain, cryptocurrencies, and international monetary system. His recent publishings are Research on International Anti-money Laundering Mechanism of Crypto Currencies; The Characteristics, Dilemma and Prospect of Cross-Border Recovery of Cryptocurrency as Corrupt Assets; Analysis and Enlightenment of Legal Attributes of Cryptocurrency; The Impact of the Rise of Emerging Economies on Global Financial Governance, and so on.

Inhalt

1. The Reform of the IMF and the Origin of Crypto-SDRs.- 2. The realization path of Crypto-SDRs Monetization.- 3. Risks and Regulations in the Early Stage of the Birth of Crypto-SDRs.- 4. Research on Legal Issues in the Mature Period of Crypto-SDRs.- 5. The Impact of Crypto-SDRs and China's Countermeasures.- 6. Conclusion.<p