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Use of Digital Rights under Sanctions: Legal Aspect

https://doi.org/10.21686/2411-118X-2023-4-72-77

Abstract

The article discusses the legal aspect of the use of digital rights in the context of sanctions. The subject of the study is the legal regulation of the turnover of digital financial assets issued in the Russian Federation, as well as their analogues in friendly countries. This will not only solve the current problems arising in the regulation of digital rights, but also ensure the full integration of this institution in the international financial market. The article uses a number of methods of scientific research, in particular, the method of analysis, comparative legal, formal logical methods and the method of comparative jurisprudence. The scientific novelty lies in the fact that during the study an attempt was made to determine the possibilities of mutual placement of the issue of digital assets of the Russian Federation and friendly countries. It is determined that the mutual placement of the issue of digital assets is possible if two conditions are met. Firstly, a friendly country should have a legal regulation of the turnover of digital financial assets, similar to the Russian one. Secondly, the legislation of friendly countries should provide the possibility of placing foreign digital financial assets on their platforms. The study resulted in the conclusion that many countries which are friendly to the Russian Federation do not have regulations in their legislation that would regulate the issue of digital financial assets and their turnover. Only in some countries, work is currently underway to create a specialized regulatory framework. The study also showed that in some countries, despite the lack of specialized legislation, the issuance and execution of transactions with digital financial assets can be carried out.

About the Authors

E. L. Vengerovskiy
Plekhanov Russian University of Economics
Russian Federation

E. L. Vengerovskiy - PhD in Law, Associate Professor of the Department of Civil Law Disciplines of the PRUE

36 Stremyanny Lane, Moscow, 109992



V. K. Shaidullina
The State Academic University for the Humanities
Russian Federation

V. K. Shaidullina - PhD in Law, Associate Professor of the Center of Practical Jurisprudence and Digital Competencies of the Faculty of Law 

 26 Maronovsky Lane, Moscow, 119049



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For citations:


Vengerovskiy E.L., Shaidullina V.K. Use of Digital Rights under Sanctions: Legal Aspect. ECONOMICS. LAW. SOCIETY. 2023;8(4):72-77. (In Russ.) https://doi.org/10.21686/2411-118X-2023-4-72-77

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ISSN 2411-118X (Print)