Huda, Mohammad Syaeful (2022) Alasan China Mengeluarkan Kebijakan Larangan Penggunaan Stablecoin Cryptocurrency Dari Tahun 2017-2022. Undergraduate thesis, UPN Veteran Jawa Timur.
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Abstract
China is a country that has experienced very rapid economic growth in the last decade. China declared itself a sovereign nation on October 1, 1949, with a leader named Mao Tse Tung proclaiming the founding of the People's Republic of China (PRC). China, which has the largest population in the world and as one of the countries with the largest communist ideology in the world, must act effectively and efficiently to maintain the stability of the domestic and foreign economic pathways. Of the various things that have happened in China, there are some very important things that can threaten economic stability in the country. One of them is the existence of cryptocurrency stablecoins which have been recently banned in China as for payment. Some of these policies were decided by statements from various Chinese state agencies. A stablecoin is a cryptocurrency that maintains a stable value using an underlying asset in the form of US Dollars, and is supported by fiat currency storage and can function as an alternative to the same fiat currency in making payment transactions. A stablecoin is a type of virtual currency or cryptocurrency whose mechanism is set to minimize price fluctuations and 'stabilize' its value. So China has concerns about the advancement of cryptocurrencies that are thought to affect its control over the domestic payment system. This concern has been made by the Chinese government in its crackdown on banning the use of cryptocurrencies against some of the organizations, financial firms and other technology companies that dominate domestic retail payments, making central bank even more irrelevant.
| Item Type: | Thesis (Undergraduate) | ||||||||
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| Subjects: | J Political Science > JF Political institutions (General) J Political Science > JX International law |
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| Divisions: | Faculty of Social and Political Sciences > Departement of International Relations | ||||||||
| Depositing User: | Mohammad Syaeful Huda | ||||||||
| Date Deposited: | 19 Jul 2022 07:41 | ||||||||
| Last Modified: | 19 Jul 2022 07:41 | ||||||||
| URI: | http://repository.upnjatim.ac.id/id/eprint/7714 |
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