What are the Technical Means the State Prepare for the Regulation of the Cryptocurrencies?

Authors

  • Glotov V.I. 1 Candidate of Economic Sciences, professor, academician of the Russian Academy of Natural Sciences, deputy director of the Federal service for financial monitoring, director of Institute for Financial and Economic Security of National Research Nuclear University MEPhI, deputy Chairman of the Board of network Institute in the field AML/CFT, Moscow
  • Mihailov D.M. Candidate of Engineering Sciences, associate Professor of BAUMAN MOSCOW STATE TECHNICAL UNIVERSITY, Moscow

DOI:

https://doi.org/10.18502/kss.v3i2.1593

Abstract

The technology of BlockChain and cryptocurrency is an actual topic for humanity today. There are different policies regulating cryptocurrencies, but they are still far from perfect. The difficulty of technical regulation of these systems is beyond doubt, many countries are only at the stage of discussing the status of the currencies, some are extremely supportive of them. However, it is undeniable that more and more countries will introduce regulations in the field of cryptocurrencies, focusing, firstly, on the structure of their own economy.

 

Keywords: BlockChain, cryptocurrency, Bitcoin, mining.

References

Electronic resource] https://www.dp.ru/a/2017/09/18/Kriptovaljuti_Kitaj_darit

Data analysis company CB Insights ”Banking Is Only The Start: 20 Big Industries Where BlockChain Could Be Used,” July year 2016. [Electronic resource] https://www.cbinsights.com/blog/industries-disrupted-blockchain/

How many Bitcoins mined to date. Mode of access: https://cryptomagic.ru/ kriptovaluty/bitcoin/skolko-dobyto.html.

Data company Accenture ”Join the BlockChain party. How banks are building a realtime global payment network [Electronic resource] https://www.accenture.com/ us-en/insight-blockchain-technology-how-banks-building-real-time

Capitalization of the cryptocurrencies market exceeded 200 billion dollars. Accessmode: https://economics.unian.net/finance/2225796-kapitalizatsiya-rinkukriptovalyut-perevischila-200 milyardiv.html

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Published

2018-02-15

How to Cite

V.I., G., & D.M., M. (2018). What are the Technical Means the State Prepare for the Regulation of the Cryptocurrencies?. KnE Social Sciences, 3(2), 583–592. https://doi.org/10.18502/kss.v3i2.1593

Issue

Vol. 3 No. 2 (2018): III Network AML/CFT Institute International Scientific and Research Conference "FinTech and RegTech"

Section

Articles