KnE Social Sciences

Published date: Feb 15 2018

Journal Title: KnE Social Sciences

Issue title: III Network AML/CFT Institute International Scientific and Research Conference "FinTech and RegTech"

Pages: 402-406

DOI: 10.18502/kss.v3i2.1570

Kaminskaya T. E.001191@pnu.edu.ruAssociate Professor of Economic Sciences, Finance, Credit and Accounting, Pacific National University, 136 Tyhookeanskaya Street, Khabarovsk, 680042

Kurbanova L. D.2013001567@pnu.edu.ruStudent of the 5th course direction of training 38.05.01 economic security discipline "Economic and Legal Support of Economic Security" Pacific National University

The article discusses the retrospective of cryptocurrencies, theoretical understanding of the digital currency, its value and essence. The tendencies and prospects of cryptocurrencies development. The article focuses on the lack of a legal framework regulating relations in the field of "mining" and circulation of cryptocurrencies.

Keywords: cryptocurrency; digital currencies; bitcoin; electronic money; mining; cryptographic methods of information protection.

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