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July 1, 2019· International Journal of Economics and Business Administration
article
Open access

Specific Features of State Regulation of Operations with Cryptocurrencies in the Conditions of Digitalization

Authors:Innessa Efremenko *Victoria BONDARENKOA.Ya. PalantG.V. Nazarenko

Abstract

The article investigates specific features of state regulation of operations with cryptocurrencies in the conditions of the world economy digitalization. Design/Methodology/Approach: In order to form the state regulation of operations with cryptocurrencies, which create additional risks for the national currencies functioning in international financial and credit relations, it is necessary to consider this phenomenon first, from the position of a complete ban on the use of cryptocurrencies as a means of payment, second, in combination of a ban on the use of cryptocurrencies as means of payment, third, from the possibility of expanding the range of cryptocurrency users by including legal entities into it and fourth, the full legalization of the cryptocurrency.

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