MODEL OF RUSSIAN CRYPTO MARKET
The spontaneity of the emergence of the cryptocurrency market and its global nature, based on the Internet, do not mean that the state should not interfere in the issues of its functioning. In our opinion, the Russian market should adhere to some preliminary model (concept) of its folding and functioning. Such a model should take into account that the cryptocurrency market is a sphere of relations that goes beyond the use of cryptocurrency only as a “money” (means of payment). Apparently cryptocurrency can also be the basis for any known capital operations between market participants. In the first case, the cryptocurrency market resembles a foreign exchange market. In the second case, it is similar to the securities market (credit market). Therefore, in both of these segments of the Russian financial (mainly exchange) market, it is necessary to give an opportunity for the development of the cryptocurrency market.