Review of Inheritance Legislation Issues Regarding Cryptocurrency in Europe

Abstract

The phenomenon of cryptocurrency is currently of significant relevance to European countries. Currently, they have become a familiar means of payment, a tool of virtual life, and property. At the same time, in many Euro-pean countries, the legislative regulation of cryptocurrencies is at the initial stage of its development. Numerous countries have transitioned from a phase of rejection to actively implementing legal frameworks that govern the circulation, application, and even inheritance of crypto-assets. Nevertheless, several obstacles impede the real-ization of this process. This article presents an overview of the specific positioning of cryptocurrencies as ob-jects of civil law, exemplified by the legal doctrine of Germany. It analyzes the challenges associated with the classification of cryptocurrencies as part of property. Furthermore, the article examines the current situation, characteristics, and issues surrounding the legislative inheritance of cryptocurrencies in several European countries.