我国数字金融治理的行业规制与司法引导探索——基于加密资产司法认定的视角  

Exploration on Industry Regulation and Judicial Guidance of Digital Finance Governance in China——From the Perspective of Judicial Identification of Crypto-assets

作　　者：吴一楷 Wu Yikai(School of Law,Xiamen University,Xiamen Fujian 361000,China)

机构地区：[1]厦门大学法学院,福建厦门361000

出　　处：《河北经贸大学学报》2024年第2期98-108,F0003,共12页Journal of Hebei University of Economics and Business

基　　金：司法部课题“全球金融治理法治与我国金融法治‘双循环’新格局研究”(21SFB2026);福建省社科基金省法学会专项课题“私人主体参与数据治理的法律障碍及制度供给研究”(FJ2021TWFB05)。

摘　　要：随着区块链经济的政策支持、应用的试点开放,非同质化通证产业在我国形成了良好的发展态势。从非同质化通证属性认定的全球司法判例出发,通过与加密货币在我国过往的司法裁判进行比较论证,未来我国非同质化通证属性的司法认定需结合其组织要素、平台作用以及投资者行为进行“加密资产”和“证券化”的非完全割裂的区分。同时,从加密货币到非同质化通证的司法案例中观察金融监管与金融司法的互动脉络,可以发现我国在数字金融治理过程中,金融司法进一步展现出能动效应,通过具体案件的裁判过程对监管规则进行“塑形”,以此保障金融创新与稳定安全的价值平衡。With the policy support and pilot opening of blockchain economy,Non-fungible Token(NFT)industry has formed a good development trend in China.Starting from the global judicial precedent of the attribute identification of NFT,and comparing with the previous judicial judgments of cryptocurrency in China,it is pointed out that the judicial identification of the attribute of NFT in China in the future needs to be divided into"crypto-assets"and"securitization"in combination with its organizational elements,platform role and investor behavior.At the same time,by observing the interaction between financial supervision and financial justice from the judicial cases of cryptocurrency to NFT,we can find that in the process of digital financial governance in China,financial justice further shows the dynamic effect,and the supervision rules are"shaped"through the adjudication process of specific cases,so as to ensure the value balance between financial innovation and stability and security.

关 键 词：加密货币 非同质化通证 司法认定 数字金融治理 去中心化金融 

分 类 号：G20[文化科学—传播学] G21[经济管理—金融学] G28F830.9