Ways of Governance of Internet Financial Crimes Based on Blockchain Perspective -Taking Virtual Currency Money Laundering Crimes as an Example

Abstract

Combined with the 47th Statistical Report on the Development Status of the Internet in China issued by the China Internet Information Center, it can be found that by the end of December 2020, the number of Internet users in China has exceeded 989 million, and there are 986 million mobile phone Internet users, and the mobile phone Internet access rate of the nationals has reached 99.7%. The demand for mobile internet applications has led to the development of a large number of internet industries. In the financial sector, for better financial business, many customers use financial trading platforms, but illegal criminals use blockchain technology in the name of virtual currency to carry out illegal fund raising, pyramid selling, money laundering and other criminal activities, involving a large amount of money and a relatively wide audience, which seriously affects China's Internet financial security. Therefore, the only way to ensure the safety of Internet finance is to strengthen the governance of such crimes. In this paper, based on the existing research results on blockchain technology and the governance of virtual currency money laundering crimes in Internet finance crimes, we use interdisciplinary research methods to determine the ways of governance that combine the pre-existing, ex-post and post-existing governance, taking into account the current status of legislation, existing cases, the dilemma of governance, and the existing governance achievements.