Current Legal and Social Issues of the Development of Crypto-Currency in Russia
Abstract
The cyberspace and digital technologies development in the 21st century opens up new opportunities for our financial system. The crypto currency is an example of this. A year ago the question on the legal prohibition of crypto-currencies was widely discussed. Furthermore, there was a question on the necessity to apply punishment for the use of crypto currency. Today there is no single, comprehensive legal framework regulating the process of application of crypto-currency in the Russian Federation. Therefore, the important task of the state now is to prevent distribution and application of the crypto currency in an extralegal sphere. The article covers the history of the appearance and functioning of the crypto currency in Russia and abroad, its legal status, legality of application and development trends in the modern world.
About the Authors
A. A. Dyukareva
Plekhanov Russian University of Economics
Russian Federation
Russian Federation
Fourth-Year Student of the Faculty of Economics and Law
Address: 36 Stremyanny Lane, Moscow, 117997
V. S. Pozdnyakova
Plekhanov Russian University of Economics
Russian Federation
Russian Federation
Second-Year Student of the Faculty of Economics and Law
Address: 36 Stremyanny Lane, Moscow, 117997
References
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Review
For citations:
Dyukareva A.A., Pozdnyakova V.S. Current Legal and Social Issues of the Development of Crypto-Currency in Russia. ECONOMICS. LAW. SOCIETY. 2017;(4):121-127. (In Russ.)
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