Digital financial instruments: general characteristic and legal aspect

The article discusses various types of modern financial instruments, the currency regulation of which has not currently received proper settlement in the Russian Federation. The authors provide a general description of such technologies as «cryptocurrencies», «cryptocurrency exchanges», «virtual currencies», and «electronic means of payment». The work highlights visible gaps in Russian legislation, reflecting the presence of problems in assessing the legality of the activities of persons involved in the creation, use of modern financial and currency instruments. The authors rightly analyze the current position of the civil and criminal law sectors of the legislation of the Russian Federation, as applied to modern mechanisms of financial and currency transactions applicable to using information and telecommunication networks, including the Internet.

Internet, cryptocurrencies, virtual currencies, information systems, telecommunications, currency exchanges, computer technology, problems in the legislation, bitcoin, digital law