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Challenges and prospects for the adoption of digital currencies in the Russian economy

https://doi.org/10.37493/2307-907X.2022.2.5

Abstract

In the context of digital transformation driven by the development of information and telecommunication technologies, the Russian economy has faced challenges associated with the introduction of a new form of money. The purpose of the study is to distinguish between the concepts of cryptocurrency and legitimate digital money, to determine the risks of their use and ways to reduce the negative impact on the economy. The main result of the study is an assessment of the existing regulatory framework, taking into account the experience of legislative regulation of cryptocurrencies abroad, as well as the formulation of areas for its improvement.

About the Authors

V. A. Grudinina
NCFU
Russian Federation

Veronika Grudinina, student of the department of finance and credit, Institute of economics and management



N. N. Kunitsyna
NCFU
Russian Federation

Natalya Kunitsyna, Professor, Doctor of Economics, Head of the department of finance and credit, Institute of economics and management



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Review

For citations:


Grudinina V.A., Kunitsyna N.N. Challenges and prospects for the adoption of digital currencies in the Russian economy. Newsletter of North-Caucasus Federal University. 2022;(2):38-45. (In Russ.) https://doi.org/10.37493/2307-907X.2022.2.5

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ISSN 2307-907X (Print)