Zhmai, Oleksandr V.Mamunenko, Marina S.Жмай, Олександр ВолодимировичЖмай, Александр Владимирович2020-05-042020-05-042019Фінансовий сектор Європейського союзу та сталий розвиток: європейський досвід, стратегічні орієнтири для України: зб. матеріалів міжнар. наук.-практич. конф. (Київ, 6 черв. 2019 р.). – Київ, 2019.https://dspace.onu.edu.ua/handle/123456789/27924Today in the financial world, cryptocurrency, or virtual money, is gaining popularity. Governments and central banks of different countries are often very ambiguous in applying these innovations. Some consider them as an instrument of the shadow economy, while others as a revolution in the world of finance. In Ukraine, there has not been developed a unanimous opinion regarding cryptocurrency yet, and the legislative basis almost does not exist. It is clear that the world is changing hence requiring its participants to adapt. Particularly for changes in the field of payments, as it is directly related to the expansion of the economy and the welfare of the population. Moreover, if cryptocurrency market research and its regulations, as a tool for calculations and payments, will not be implemented in time, then existing institutions will affect the modern financial system by losing financial flows.encryptocurrenciesmodern marketeconomyArticle