China Economic Times: Cryptocurrency is related to profound changes in sovereign credit, the future form of the monetary system, and global governance models
ChainCatcher message, an article published in the China Economic Times titled "The Challenges and Impacts of Cryptocurrency on Global Financial Governance," points out that the challenges and impacts of cryptocurrency on global financial governance are far more than just technical or speculative issues; they are related to sovereign credit, the future form of the monetary system, and profound changes in global governance models.We should promote the establishment of an inclusive, coordinated, and executable global digital currency governance mechanism: first, we can start from the "intersection of interests" to avoid excessive ideologicalization; second, we should attempt to build a more flexible governance structure to form an international cooperation model of "baseline governance"; third, we can gradually accumulate mutual trust through informal dialogue mechanisms, academic exchanges, and cooperation among think tanks to reduce the difficulty of cooperation.