International Journal of Science and Society (IJSOC)
Vol 1 No 1 (2019): International Journal of Science and Society (IJSOC)

Review of Chinese Policy Against Cryptocurrency Growth

Yaning Cheng (Chinese Tammang Research, China)

Article Info

Publish Date
17 Jun 2019

Abstract

The development of financial technology arrived at a new form, namely cryptocurrency. The development of cryptocurrency with an increasingly widespread network and its autonomous nature cannot be controlled by the state, which makes China implement policies to block all domestic cryptocurrency activities. The policy becomes unnatural when China occupies the top position in the developing global digital currency market. This anomaly is interesting to study further to find reasons that motivate China to take firm policy when in a safe position as a center of production and global crypto currency transactions. To explain this reason, national interest theory and rational choice are used as the main tools in analyzing this problem. The national interest theory and rational choice explain that the policies taken by China are motivated by economic and security interests, as well as rational calculations of the advantages and disadvantages of those policies

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Journal Info
International Journal of Science and Society (IJSOC)
Website

Abbrev

ijsoc

Publisher

GoAcademica Research and Publishing

Subject

Aerospace Engineering Agriculture, Biological Sciences & Forestry Arts Humanities Astronomy Chemical Engineering, Chemistry & Bioengineering Civil Engineering, Building, Construction & Architecture Control & Systems Engineering Decision Sciences, Operations Research & Management Engineering Environmental Science Industrial & Manufacturing Engineering Law, Crime, Criminology & Criminal Justice Library & Information Science Neuroscience Nursing Physics Public Health Social Sciences Transportation Other

Description

International Journal of Science and Society (IJSOC) is open access and peer-reviewed journal with e-ISSN (2715-8780), IJSOC is an international journal devoted to the study of science and technology in a social context. It focuses on the way in which advances in science and technology influence ...