On June 15, the China Economic Times published an article titled "Challenges and Impacts of Cryptocurrency on Global Financial Governance," which pointed out: The challenges and impacts of cryptocurrency on global financial governance go far beyond technical or speculative issues, and are related to sovereign credit, the future form of monetary systems, and profound changes in global governance models. It should promote the construction of a global digital currency governance mechanism that is inclusive, coordinated, and enforceable: First, it can start from "points of interest convergence" to avoid excessive ideologization; second, attempt to build a more flexible governance structure and form an international cooperation model of "bottom-line governance"; third, gradually accumulate mutual trust through informal dialogue mechanisms, academic exchanges, and cooperation between think tanks to reduce cooperation difficulties.
China Economic Times: Cryptocurrency is related to the profound transformation of sovereign credit, the future form of the monetary system and the global governance model
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