Legal regulation of the turnover of cryptocurrencies in foreign countries and in the Russian Federation: possible approaches

Abstract

The paper presents a comparative analysis of approaches to the legal regulation of cryptocurrency transactions in various foreign States. It is noted that neither in the doctrine nor in the legislation of various foreign countries there are no common solutions, even on the issue of applicable terminology. In this regard, the analysis of the selected regimes of cryptocurrency regulation in the main States is carried out. The prospects for the introduction of the Russian Federation's own "oil and gas" cryptocurrency are still uncertain. At the same time, there are proposals on a possible direction of regulation of cryptocurrency turnover by making appropriate changes to the domestic currency legislation.