On the Nature of Digital Rights and Low-volatile Digital Currencies
https://doi.org/10.17803/2311-5998.2024.121.9.114-122
Abstract
The article discusses topical issues related to the nature of tokens. First, the author pays attention to the proximity of the legal nature of tokens to uncertified securities, which are also a mechanism for accounting for property rights, and not an independent type of property right. Secondly, the author resorts to a comparative legal method when studying the institute and points to the existence of a mechanism for creating digital forms of certification of property pairs in France and Germany. Thirdly, the article contains special interpreted phrases “without reference to a third party” of article 141.1, paragraph 1, of the Civil Code of the Russian Federation, which does not impose prohibitions on any types of intermediation in the market of tokens. Fourthly, the article analyzes the ratio of low-volatile digital currencies to tokens, indicates the difference in their legal nature.
About the Author
M. A. Iontsev
Legal Center support of digitalization in the financial market (as Management) of the Bank of Russia;
Russian Academy of National Economy and civil service under the President of the Russian Federation
Russian Federation
Russian Federation
Mikhail A. Iontsev, Head of Department; Associate Professor of the Department of Legal Support of Market economics; Cand. Sci. (Law)
12, ul. Neglinnaya, Moscow, Russia, 107016
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Review
For citations:
Iontsev M.A. On the Nature of Digital Rights and Low-volatile Digital Currencies. Courier of Kutafin Moscow State Law University (MSAL)). 2024;1(9):114-122. (In Russ.) https://doi.org/10.17803/2311-5998.2024.121.9.114-122
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