virtual assets

The article discloses subjects and objects of legal relations that are related to the circulation of virtual assets on the virtual assets market of Ukraine. The relevance of the research is determined by the fact that the article analyzes the innovations of national legislation and in the context of the implementation of the basis of legal regulation of cryptocurrency exchanges as subjects of the virtual assets market.

Over the last few years, virtual assets have become more widespread in the market, which has manifested itself both in the growth of transactions with them and in the rapid growth of the capitalization of the cryptocurrency market. The international community and individual governments have introduced regulations for the virtual asset market, but the degree of transparency remains low. This poses risks of using virtual assets as a tool for various schemes of money laundering or terrorist financing.