Chinas Purposes of Digital Yuan Project and its Impact over International Trade
Subject Areas : International Legal Research
Seyed Erfan Lajevardi
1
,
Meysam Omidi
2
1 - International Law Department, Law Faculty, Islamic Azad University Central Tehran Branch, Tehran, Iran
2 - International Law Department, Law Faculty, Islamic Azad University Central Tehran Branch, Tehran, Iran
Keywords: Stablecoin, Market Economy, Internationalization of Fiat Currency, National Stablecoin, Hidden Subsidy, Digital Yuan, ,
Abstract :
China’s Purposes of Digital Yuan Project and its Impact over International Trade The money may be categorized as commodity currency, fiat money, cryptocurrency and stablecoin. The national cryptocurrency is a stablecoin. The verification of stablecoins is subject to centralized ledger. If the government pledge fiat currency to issue national stablecoin, it would be possible to control transactions of such a stablecoin. China is the first country basing the issuance of national stablecoin. The purposes of China to issue digital yuan are as follow: - Internationalization of yuan; - Governmental supervision over the domestic financial sector; - Supervision over the shadow banking system; and - Circumvention of WTO requirements through hidden loans, subsidies and also dissembling the requirements of the free market system. The Economy of Iran is not capable to internationalize Iranian Rial; simultaneously the opportunities of foreign investment are confined; therefore, the issuance of digital Rial will not be an effective measure to develop the international trade. It would be possible that the loans of China to Iran becomes paid through digital yuan. China has a monopolized access to the information of transactions made by digital yuan; therefore, resources should be consumed for the transparent and projects.
زیمل گئورک؛ فلسفه پول؛ ترجمه مسمی پرست شهناز؛ پارسه؛ 1397
هراری یووال نوح؛ پول؛ ترجمه نمازیان مهدی؛ نون؛ 1398
توسلی محمداسمعیل؛ تحلیل ماهیت پول؛ فصلنامه اقتصاد اسلامی؛ 48؛ 1391؛ 107 تا130
تصویبنامه هیات وزیران ؛ 58144/ت 55637 ه؛ 13/5/1398
تصویبنامه هیات وزیران ؛ 86573/ت 58078 ه؛ 13/7/1399
تصویبنامه هیات وزیران ؛ 95240/ ت 5986 ه؛ 26/5/1401
تصویبنامه هیات وزیران؛ 151455/ت 59368 ه؛ 6/6/1401
قانون انحصار تجارت خارجی؛ 19/4/1311
قانون پولی و بانکی کشور، مصوب 18/4/1351
قانون تنظیم بازار غیرمتشکل پولی؛ 22/10/1383
قانون مقررات صادرات و واردات؛ 4/7/1372
بانک مرکزی جمهوری اسلامی ایران، معاونت فن آوری های نوین؛ الزامات و ضوابط فعالیت در حوزه رمزارزها در کشور؛ 1397
لایحه برنامه هفتم پیشرفت جمهوری اسلامی ایران
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