On the Issue of the Formation of the Concept of «Cryptocurrency» in Law

Abstract

Modern technologies bring a lot of new things into our lives, and at the same time create certain difficulties from the point of view of legal regulation, and many phenomena have not yet received their terminological clarity and understanding. Such phenomena include cryptocurrency, which de facto exists, but de jure is essentially absent from the law the term defining it. The diverse points of view of theorists and practitioners on this concept, the lack of legislative regulation, require the development of a unified concept of cryptocurrency.