...ppose that in crisis, traditional financial system is much more predictable and there is a stable scheme of bailing out. At the same time, cryptocurrencies are decentralized and sometimes it is anadvantage. Bitcoin now is a great value that proves **digital currencies’ viability**. It is an economic phenomenon, which can be the biggest miracle and a challenge for all the traditional economy at ...

...d more universal types of acts and laws. Many international documents also have requirements for the counter-financing of terrorism and anti-money laundering policies. This puts financial regulators in the position where they should decide whether **digital currencies** are according to the legislation or they should be banned. An important statement was issued by the Deputy Prime Minister of *...

... The report also refers to the reasons for an active involvement of individuals in crypto investing. Among many appeal aspects, were pointed out - a possibility of being a part of something new and the availability of a great number of different digital currencies. It important to note, that the sphere of crypto investment does not directly relate to Ombudsman. However, cryptocurrencies may...