A Study on the Creation, Impact and Legal Issues of Crypto Special Drawing Rights

This book analyzes the concept, theory, rules, and impact of the reform of the international monetary system and Crypto-SDRs and provides a feasibility analysis of the combination of blockchain technology and SDRs. It explores and summarizes the possibility of solving problems such as the inherent defects of the current international monetary system and creatively suggests that the birth of Crypto-SDR will have a positive impact on countries and industries and fields around the world, especially in anti-money laundering, cross-border asset recovery, international payments, banking, insurance, financial auditing, Fintech regulation, etc.

Leo Zeng, Ph.D. in international law, graduated from Xiamen University with years studied on blockchain, cryptocurrencies, and international monetary system. His recent publishings are Research on International Anti-money Laundering Mechanism of Crypto Currencies; The Characteristics, Dilemma and Prospect of Cross-Border Recovery of Cryptocurrency as Corrupt Assets; Analysis and Enlightenment of Legal Attributes of Cryptocurrency; The Impact of the Rise of Emerging Economies on Global Financial Governance, and so on.