Open AccessTHE USE OF CRYPTOCURRENCY AS A PAYMENT INSTRUMENT IN THE REPUBLIC OF SERBIA
Author(s) -
Jadranka Đurović-Todorović,
Marina Đorđević,
Milica Ristić Cakić
Publication year - 2021
Publication title -
novi ekonomist
Language(s) - English
Resource type - Journals
eISSN - 2566-333X
pISSN - 1840-2313
DOI - 10.7251/noeen2028014dj
Subject(s) - cryptocurrency , payment , currency , business , the republic , commerce , economics , monetary economics , finance , computer science , computer security , philosophy , theology
Changes in the payment systems of some countries, initiated by the use of cryptocurrencies, have opened up many dilemmas in the economic literature. Although knowledge of this phenomenon has not been yet sufficiently crystallized, some states managed to regulate its use. In this paper, we investigate whether cryptocurrencies can be considered аs а currency, which has drawn increasing attention from regulators who are concerned about tax, insurance and other consequences related to the legal treatment of cryptocurrencies. The subject of the paper is to analyze the history, characteristics and level of cryptocurrency regulation in the world. The aim of the paper is to analyze the possibilities for regulating cryptocurrencies in the Republic of Serbia through the analysis of countries where the use of cryptocurrencies is legal.