| Title: | Conceptual framework for the definition and regulation of virtual currencies : international and Russian practices |
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| Authors: | ID Belomyttseva, Olga (Author) |
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| Files: |  Nase_gospodarstvoOur_economy_2015_Belomyttseva_Conceptual_Framework_for_the_Definition_and_Regulation_of_Virtual_Currencies_Internationa.pdf (271,49 KB)
MD5: 2969A9D9540C0407F37F77AF0D3B1468
PID: 20.500.12556/dkum/b840b7e4-8481-4b37-8273-270a4df46d5b
 https://www.degruyter.com/view/j/ngoe.2015.61.issue-5/ngoe-2015-0020/ngoe-2015-0020.xml
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| Language: | English |
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| Work type: | Scientific work |
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| Typology: | 1.02 - Review Article |
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| Organization: | EPF - Faculty of Business and Economics
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| Abstract: | This paper analyzes possible definitions of virtual currencies in legislation and economics. Views of the European Central Bank, Financial Crimes Enforcement Network, and Financial Action Task Force regarding virtual currencies are studied. The analysis also covers the draft legislation to ban money surrogates in the Russian Federation. The author suggests two reasonable approaches to defining virtual currencies in law and economics. The Austrian School representatives’ arguments on the existence of private money are reviewed. The author proposes the introduction of some changes in the legislation of the Russian Federation in order to give legal status to virtual currencies. |
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| Keywords: | capital, virtual currency, Bitcoin, electronic money, private money, money surrogates |
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| Publication status: | Published |
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| Publication version: | Version of Record |
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| Year of publishing: | 2015 |
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| Number of pages: | str. 32-39 |
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| Numbering: | Letn. 61, št. 5 |
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| PID: | 20.500.12556/DKUM-68924  |
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| ISSN: | 0547-3101 |
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| UDC: | 004.738.5+336.74 |
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| ISSN on article: | 0547-3101 |
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| COBISS.SI-ID: | 12124956 |
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| DOI: | 10.1515/ngoe-2015-0020 |
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| NUK URN: | URN:SI:UM:DK:UC7D6KBV |
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| Publication date in DKUM: | 13.11.2017 |
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| Views: | 2019 |
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| Downloads: | 255 |
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| Metadata: |    |
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| Categories: | Misc.
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