全球数字货币的发展现状和趋势  

The Development Situation and Trend of Global Digital Currencies

作　　者：巴曙松[1] 张岱晁 朱元倩[1] Ba ShuSong;Zhang DaiChao;Zhu YuanQian(The HSBC Financial Research Institute at Peking University,Shenzhen 518055,GuangDong,China;School of Economics and Finance,Shanghai 200433,China)

机构地区：[1]北京大学汇丰金融研究院,广东深圳518055 [2]上海财经大学金融学院,上海200433

出　　处：《金融发展研究》2020年第11期3-9,共7页Journal Of Financial Development Research

摘　　要：数字货币最初以私人数字货币的形式出现,这些私人数字货币改变了传统货币的形态、流通方式及支付方式。目前,各国对私人数字货币的监管态度褒贬不一。私人数字货币对法定货币市场产生的威胁推动中央银行积极参与法定数字货币的研究。可以发现,各国中央银行数字货币的模型设计在发行模式、投放机制和监管设计上大致达成共识。探究各国法定数字货币的发展趋势,有助于厘清未来法定数字货币的发展格局,为法定数字货币未来发展方向提供思路借鉴。Digital currency originally appeared in the form of private cryptocurrency.And those cryptocurrencies have changed the form,circulation and payment methods of traditional currencies.At present,various countries have different attitude to the cryptocurrencies'regulatory approach.The threat of cryptocurrencies to the legal tender has pushed the Central Bank to actively participate in the research on the legal digital currency.It can be found that the central banks of different countries generally reached a consensus on the issuance mode,release mechanism and regulatory design in central bank digital currency model.Exploring the developing trend of legal digital currencies of the countries can help clarify the development pattern of the future legal digital currencies and provide mentality and reference for the future development of the legal digital currencies.

关 键 词：法定数字货币 私人数字货币 双层运营系统 分布式记账 

分 类 号：F830[经济管理—金融学]