THE USE OF CRYPTOCURRENCY AS A PAYMENT INSTRUMENT IN THE REPUBLIC OF SERBIA | Zendy

Marina Đorđević | Zendy; Milica Ristić | Zendy

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THE USE OF CRYPTOCURRENCY AS A PAYMENT INSTRUMENT IN THE REPUBLIC OF SERBIA

Author(s) -

Marina Đorđević,

Milica Ristić

Publication year - 2020

Publication title -

нови економист

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.

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