LEGALIZATION OF THE CRYPTO CURRENCY MARKET: OPPORTUNITIES AND RISKS FOR NATIONAL ECONOMIC SYSTEMS
DOI:
https://doi.org/10.22478/ufpb.2179-7137.2019v8n4.48424Palavras-chave:
crypto currency, national economic system, risks and opportunities, macroeconomic and social effects, legalization of the crypto currency marketResumo
Today there is a profound transformation of the traditional money and finance world. Innovations in the financial sector, new technologies, tools and systems entail serious and profound changes in the financial institutions that are familiar to us. One of the most important stages of these transformation processes was the emergence of crypto currencies, accompanied by the rapid development of related technologies and the lack of a clear picture of the future landscape of ecosystems.The search for scientifically grounded mechanisms that reveal the specific features of the impact of the crypto currency market legalization processes on national economic systems contributes significantly to an understanding and objective perception of the prospects for their development. This paper is devoted to solving this problem. The object of the study is the global crypto currency market, which forms the institutional and conjunctural parameters of the national economic systems development. As the subject of the study is the process of designing and scientific and methodological justification of the prospects, opportunities and risks of the development of the national economy formed as a result of the legalization of the crypto currency market.As a result of the conducted studies and implemented assessments, scientifically grounded hypotheses on the influence of the "digital money" legalization mechanisms on key macroeconomic processes have been formedDownloads
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