Issues of regulating cryptocurrency and control over its turnover: international experience

M Dumchikov, N Kononenko, L Batsenko… - Amazonia …, 2020 - amazoniainvestiga.info
M Dumchikov, N Kononenko, L Batsenko, R Halenin, N Hlushchenko
Amazonia Investiga, 2020amazoniainvestiga.info
The article deals with an important and relevant topic–the definition of the concept and
essence of cryptocurrencies, the study of the problems of their legal regulation, the rationale
for control over their turnover, as well as the analysis of ways to counter money laundering
that involves cryptocurrency. The authors emphasize that measures taken exclusively at the
state level are not enough to create an effective, integrated and comprehensive system for
regulating the legal status of cryptocurrencies. Therefore, international cooperation and the …
Abstract
The article deals with an important and relevant topic–the definition of the concept and essence of cryptocurrencies, the study of the problems of their legal regulation, the rationale for control over their turnover, as well as the analysis of ways to counter money laundering that involves cryptocurrency. The authors emphasize that measures taken exclusively at the state level are not enough to create an effective, integrated and comprehensive system for regulating the legal status of cryptocurrencies. Therefore, international cooperation and the strengthening of cooperation between various states in the field of cryptocurrency regulation is important.
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