LEGAL REGULATION OF SMART CONTRACTS
The article is devoted to the issues of legal regulation of smart contracts in the Russian legal field. The author analyzes legal problems of smart contracts functioning with the use of blockchain technology. Bills designed to regulate smart contracts are considered. Currently, the problem of legal regulation is the primary problem of smart contract technology implementation in Russia. Based on the results of the analysis, a reasonable conclusion is made that it is necessary to finalize the draft Federal Law "On Digital Financial Assets" proposed by the Ministry of Finance and that there is no need to legislate on the term "smart contract". It is proposed to define the applicable law for a blockchain-platform on which the parties conclude a smart contract as the best option for resolving the problem of choosing the applicable law in a cross-border deal.