Cryptocurrency kaip pinigų turtas.

Abstract

Relevance of the topic. Over the past four years, cryptocurrency as means of alternative payment have increased significantly, the successful market capitalization of the bitcoin, which currently stands at 138,237,195,020 EUR, indicates that the cryptocurrency can be considered an addition to 21 century financial instruments. Despite the unstable value of the cryptocurrency, bitcoin serves as a gateway between the financial markets of cryptocurrencies and the usual financial market for us. In this regard, at the moment there is a tendency to carry out transactions for movable or immovable property using cryptocurrency to reduce the number of taxes. And to rapidly transform financial asset types. A Cryptocurrencies come with secured layer of anonymity, decentralization of financial assets and without controlling authorities. Thus, crimes become more innovative and making investigation process more complicating. The thesis includes existing enterprises that have introduced cryptocurrency as a method of payment, as well as a possible scenario where the financing of political parties and organizations is made using cryptocurrency, allowing illegally exceed the permitted funding. The risks of malicious insolvency are considered. The thesis deals with the insolvency process, which was considered in the arbitration court of the Russian Federation in thesis the conclusion part has comparison between the jurisprudence relating to cryptocurrency in the Republic of Latvia and the Republic of Lithuania. The results of the study led to the following conclusions: despite the decisions of the court of justice of the European Union, supervising financial institutions need to develop means of controlling the cryptocurrency to reduce the illegal political party, the legalization of funds obtained by criminal means, and other processes that allow individuals to hide the true volume and purpose of financial transactions.