CIVIL LAW ISSUES OF CRYPTOCURRENCY CIRCULATION IN THE FIELD OF DIGITAL FINANCIAL SERVICES
Keywords:
integration, technological revolution, financial technologies, cryptocurrency, fintech, crypto assets, material goods, personal money, bitcoin, tokens, profitable tokens and investment tokensAbstract
As a result of the globalization of the world community, the rights and obligations of economic entities are guaranteed to be regulated by international treaties, conventions, as well as conflict of law rules that exist in national legislation. Today, the provision of modern technological tools and the rapid development of program activities are on the agenda for research to address the issue related to the rights of participants in these relations. In turn, it is important to take into account the laws and regulations of developed countries that have advanced in the field of digital financial services aimed at regulating this area. This article discusses the issues of alienation of digital financial assets as objects of civil legal relations, going beyond the generally accepted traditional approaches. In particular, the world is interested in the question of how to regulate the rights and obligations arising from trading or money exchange between users of cryptocurrencies via the Internet. This situation requires legal support for the movement of cryptocurrencies in financial transactions and their use by individuals. Cryptocurrencies raise many questions about these legal issues. In particular, how these currencies are accepted in terms of laws or the quality of their use, and the need to control financial transactions with cryptocurrencies from legal accounts determines the relevance of the research.
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