Issues of Regulation of the Use of Cryptocurrency in the Russian Federation


The paper is devoted to the analysis of issues of regulation of use of cryptocurrency in the Russian Federation and offers the possible measures to solve them. The conclusion is made that the ideal desired result would be the creation of such a controlled financial and economic mechanism based on blockchain technology that would become more attractive for its potential participants than the "usual" cryptocurrencies and smart contract systems.


Key words: cryptocurrency, legal regulation, financial system, transactions, financial risks, financial mechanism.

[1] Basic manual on the detection and investigation of money laundering committed via the virtual currency. [Electronic resource]. Access mode: http://www.imolin. org/pdf/UNODC_VirtualCurrencies_final_RU_Print.pdf

[2] «Interpol cyber research identifies malware threat to virtual currencies». [Electronic resource]. Access mode: media/News/2015/N2015-033