The research aims to prove the assumption that the terminology of such an extraordinary socio-economic digital phenomenon as the cryptocurrency market is involved in the sphere of the Russian and English speakers’ metalanguage consciousness, and is subject to pronounced metalanguage reflection. Observation over "naive linguists" is a way to monitor lexical changes in both languages due to the emergence of the crypto market. Metalanguage reflection is understood here as the ability of an individual to reflect on the elements and patterns of language and speech: to observe the language, to notice new phenomena in it, to make generalizations, describe and explain the results of the observations. It has been shown that at present, both Russian and English speakers feel the need for clarification of the new terms and explicitly express this need. Analysis of the discourse on the Internet reveals a huge number of metalanguage comments in both Russian- and English-speaking segments of the Internet. A high degree of metaphoricity in the cryptocurrency language is noted. Another manifestation of metalanguage reflection is amateur lexicography. It was also found that professional cryptocurrency market participants feel the need for terminology standardization and are making attempts to do so.
Purpose: The article analyzes the content of economic and legal mechanisms of state control over the emerging market of ICO (Initial Coin Offering). Methodology: This was analytical-logical research based on content analysis. Result: Regarding the considered areas of legal regulation, it is worth noting that in regulating the protection of intellectual rights, counteracting legalization and laundering of money obtained by criminal means, as well as in regulating the protection of personal data, most states use the current legislation without any changes. Applications: This research can be used for universities, teachers, and students. Novelty/Originality: In this research, the model of the analysis of foreign experience in the regulatory framework of distributed ledgers and ICO (initial coin offering) within innovative economy is presented in a comprehensive and complete manner.
The paper gives the author's understanding of the real matter of a bitcoin actual paradigm, economic and legal issues related to bitcoin functioning are investigated, perspectives of bitcoin evolution in Russia are observed on the basis of the systematic approach. In conclusion recommendations for the payment system in Russia are given. Keywords: Russia, bitcoin, economic and legal issues, bitcoin industry stakeholders, stability of payment system.