International practice of cryptocurrency return regulation
The adoption of crypto currency causes a lot of questions among investors and pleces in question security and legitimacy of work in this market. The government of all countries discusses the question of the legal status of the crypto currency. Some countries have already taken the first steps in this direction, other countries have laws regulating the status of the crypto currency at the stage of projects and discussions. The article analyses the world experience of adopting the crypto currency at the level of the legislative power, which showed, that at the end of July 2017, 63% of the analyzed 60 countries have favorable or mostly favorable regulation of the crypto currency. According to the authors, such kind of range, from total ban to legal treatment is fully reasonable. Crypto currencies are digital assets. People must be familiar with digital money and ready to adopt them in daily life. Countries should have necessary public authorities, which aim at adopting new developments and technologies. In our opinion, Kazakhstan is ready to create own virtual currencies, however it is important to do it qualitatively. Concerning emission, the principle and approach should be the same as in the case of the tenge, but only in electronic mode, in this case significantly reduce the cost of emissions paper money, encashment and other. The amount of emission and the rate of the crypto currency will depend on the state of the economy of Kazakhstan.