ON REGULATION OF CRYPTOCURRENCY: THE INTERNATIONAL EXPERIENCE

The study is dedicated to various jurisdictions’ approaches to cryptocurrency relations regulation. The digital assets’legal status in the European Union is analyzed both at the central level as well at the level of such EU members as Malta, Romania, Germany. Among the countries that geographically...

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Main Authors: Evgheni Florea, Elena S. Pustelnik
Format: Article
Language:English
Published: Universitatea de Studii Politice și Economice Europene "C. Stere" 2021-05-01
Series:Supremația Dreptului
Subjects:
Online Access:https://suprematia.revistestiintifice.md/wp-content/uploads/2021/10/6.pdf
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author Evgheni Florea
Elena S. Pustelnik
author_facet Evgheni Florea
Elena S. Pustelnik
author_sort Evgheni Florea
collection DOAJ
description The study is dedicated to various jurisdictions’ approaches to cryptocurrency relations regulation. The digital assets’legal status in the European Union is analyzed both at the central level as well at the level of such EU members as Malta, Romania, Germany. Among the countries that geographically belong to Europe, but are not members of the European Union, Switzerland and the United Kingdom are considered in this aspect. The authors also reviewed the most important issues of cryptocurrency regulation in the largest economy in the world - the United States. The Asian region is represented in the study by the jurisdictions where digital assets are most widespread (China and Japan). The main conclusion is that the Republic of Moldova should develop the balanced approach for legalizing the new sphere of socio-economic relations by taking into consideration both positive and negative experience as well as the best legal practices of other states in this field.
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spelling doaj.art-d9160def20f24561a4984fed2f36f1dc2023-07-15T07:41:44ZengUniversitatea de Studii Politice și Economice Europene "C. Stere"Supremația Dreptului2345-19712587-41282021-05-0116983https://doi.org/10.52388/2345-1971.2021.1.06ON REGULATION OF CRYPTOCURRENCY: THE INTERNATIONAL EXPERIENCEEvgheni Florea0https://orcid.org/0000-0001-7236-0695Elena S. Pustelnik1https://orcid.org/0000-0002-0034-0879Comrat State UniversityEmory University School of LawThe study is dedicated to various jurisdictions’ approaches to cryptocurrency relations regulation. The digital assets’legal status in the European Union is analyzed both at the central level as well at the level of such EU members as Malta, Romania, Germany. Among the countries that geographically belong to Europe, but are not members of the European Union, Switzerland and the United Kingdom are considered in this aspect. The authors also reviewed the most important issues of cryptocurrency regulation in the largest economy in the world - the United States. The Asian region is represented in the study by the jurisdictions where digital assets are most widespread (China and Japan). The main conclusion is that the Republic of Moldova should develop the balanced approach for legalizing the new sphere of socio-economic relations by taking into consideration both positive and negative experience as well as the best legal practices of other states in this field.https://suprematia.revistestiintifice.md/wp-content/uploads/2021/10/6.pdf cryptocurrencydigital assetsblockchainregulationbitcoineu fifth amld directivecryptocurrency exchanges
spellingShingle Evgheni Florea
Elena S. Pustelnik
ON REGULATION OF CRYPTOCURRENCY: THE INTERNATIONAL EXPERIENCE
Supremația Dreptului
cryptocurrency
digital assets
blockchain
regulation
bitcoin
eu fifth amld directive
cryptocurrency exchanges
title ON REGULATION OF CRYPTOCURRENCY: THE INTERNATIONAL EXPERIENCE
title_full ON REGULATION OF CRYPTOCURRENCY: THE INTERNATIONAL EXPERIENCE
title_fullStr ON REGULATION OF CRYPTOCURRENCY: THE INTERNATIONAL EXPERIENCE
title_full_unstemmed ON REGULATION OF CRYPTOCURRENCY: THE INTERNATIONAL EXPERIENCE
title_short ON REGULATION OF CRYPTOCURRENCY: THE INTERNATIONAL EXPERIENCE
title_sort on regulation of cryptocurrency the international experience
topic cryptocurrency
digital assets
blockchain
regulation
bitcoin
eu fifth amld directive
cryptocurrency exchanges
url https://suprematia.revistestiintifice.md/wp-content/uploads/2021/10/6.pdf
work_keys_str_mv AT evgheniflorea onregulationofcryptocurrencytheinternationalexperience
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