LEGAL APPROACHES FOR THE REGULATION OF CRYPTOCURRENCY AND ICO IN FOREIGN COUNTRIES AND THE EUROPEAN UNION
The prerequisites and main trends in the development of the latest financial technologies (FinTech) are considered. The emerging approaches to the legal regulation of ICO and crypto currency in foreign countries and the European Union (EU) are analysed. It is concluded that the legal ways of regulat...
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| Format: | Article |
| Language: | English |
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Publishing House of the State University of Management
2018-04-01
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| Series: | Вестник университета |
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| Online Access: | https://vestnik.guu.ru/jour/article/view/1010 |
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| _version_ | 1832541935845244928 |
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| author | N. Efimova |
| author_facet | N. Efimova |
| author_sort | N. Efimova |
| collection | DOAJ |
| description | The prerequisites and main trends in the development of the latest financial technologies (FinTech) are considered. The emerging approaches to the legal regulation of ICO and crypto currency in foreign countries and the European Union (EU) are analysed. It is concluded that the legal ways of regulating new phenomena are ambiguous while in the main states adhere to the principle of technological neutrality. In relation to the EU member states, there is a need to comply with the supranational legislation of the European Union. The conclusion about the high level of mobility of legal foundations in the field under investigation is made. |
| format | Article |
| id | doaj-art-f7c1d413f6df4f308e82e49973132482 |
| institution | Kabale University |
| issn | 1816-4277 2686-8415 |
| language | English |
| publishDate | 2018-04-01 |
| publisher | Publishing House of the State University of Management |
| record_format | Article |
| series | Вестник университета |
| spelling | doaj-art-f7c1d413f6df4f308e82e499731324822025-02-04T08:27:55ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152018-04-010413613910.26425/1816-4277-2018-4-136-1391010LEGAL APPROACHES FOR THE REGULATION OF CRYPTOCURRENCY AND ICO IN FOREIGN COUNTRIES AND THE EUROPEAN UNIONN. Efimova0Financial University under the Government of the Russian FederationThe prerequisites and main trends in the development of the latest financial technologies (FinTech) are considered. The emerging approaches to the legal regulation of ICO and crypto currency in foreign countries and the European Union (EU) are analysed. It is concluded that the legal ways of regulating new phenomena are ambiguous while in the main states adhere to the principle of technological neutrality. In relation to the EU member states, there is a need to comply with the supranational legislation of the European Union. The conclusion about the high level of mobility of legal foundations in the field under investigation is made.https://vestnik.guu.ru/jour/article/view/1010fintechiconewest financial technologiesfintechblockchainicocryptocurrencyeuropean union |
| spellingShingle | N. Efimova LEGAL APPROACHES FOR THE REGULATION OF CRYPTOCURRENCY AND ICO IN FOREIGN COUNTRIES AND THE EUROPEAN UNION Вестник университета fintech ico newest financial technologies fintech blockchain ico cryptocurrency european union |
| title | LEGAL APPROACHES FOR THE REGULATION OF CRYPTOCURRENCY AND ICO IN FOREIGN COUNTRIES AND THE EUROPEAN UNION |
| title_full | LEGAL APPROACHES FOR THE REGULATION OF CRYPTOCURRENCY AND ICO IN FOREIGN COUNTRIES AND THE EUROPEAN UNION |
| title_fullStr | LEGAL APPROACHES FOR THE REGULATION OF CRYPTOCURRENCY AND ICO IN FOREIGN COUNTRIES AND THE EUROPEAN UNION |
| title_full_unstemmed | LEGAL APPROACHES FOR THE REGULATION OF CRYPTOCURRENCY AND ICO IN FOREIGN COUNTRIES AND THE EUROPEAN UNION |
| title_short | LEGAL APPROACHES FOR THE REGULATION OF CRYPTOCURRENCY AND ICO IN FOREIGN COUNTRIES AND THE EUROPEAN UNION |
| title_sort | legal approaches for the regulation of cryptocurrency and ico in foreign countries and the european union |
| topic | fintech ico newest financial technologies fintech blockchain ico cryptocurrency european union |
| url | https://vestnik.guu.ru/jour/article/view/1010 |
| work_keys_str_mv | AT nefimova legalapproachesfortheregulationofcryptocurrencyandicoinforeigncountriesandtheeuropeanunion |