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Legal Studies
Reference:

Topical Issues of Regulation of the Initial Coin Offering (ICO) in the European Union and Russian Federation
Sundetova Alina Nurlibaevna

post-graduate student of the Department of Legal Regulation of Economic Activity at Financial University under the Government of the Russian Federation

109456, Russia, g. Moscow, pr-d 4-I veshnyakovskii, 4

alina_sundetova@mail.ru

Article was received:

03-04-2019


Review date:

04-04-2019


Abstract.

The subject of the research is the approaches to legal regulation of initial coin offering (ICO) in the European Union (EU) and Russian Federation. In her article Sundetova carries out their legal analysis and focuses on the degree of applicability of securities regulations to ICO, in particular, whether emitters must publish and register issue prospectus. The researcher focuses on regulation of investment activity using digital technologies in the EU and Russian Federation. The methodological basis of the research includes general research methods such as analysis, synthesis, logical and structured functional analysis as well as special research methods such as formal law, legal modelling and comparative law analysis. The novelty of the research is caused by the fact that the author analyzes such specific form of investment activity as ICO in terms of legal regulation of securities market in the EU and Russian Federation. As a result of the research, the author concludes that today's legal regulation of investment activity associated with the use of digital techhnologies has certain gaps and does not fully defend the rights or interests of investors or entrepreneurs who want to attract funds into their projects via Internet platforms. 

Keywords: companies, investment activities, Securities Market, cryptocurrency, ICO, FinTech, European Union, token, foreign investments, investor

DOI:

10.25136/2409-7136.2019.4.29429

Publish date:

24-04-2019


This article written in Russian. You can find full text of article in Russian here .

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