Digital Ruble and Its Implementation: Legal Nature in the Context of Private Law and Public Law Regulation

The article briefly examines the history of the emergence and development of ideas about the digital ruble in Russia and abroad, its advantages for the modern state. The legal norms that consolidate the introduction of the digital ruble into circulation are analyzed. As a result, it is concluded that two different approaches can be traced in the regulation of the digital ruble by private (civil) and public (financial) law: if the norms of civil law regulate the digital ruble as a kind of non-cash money, then the norms of public law, establishing a special procedure for its circulation, allocate the digital ruble into an independent form of money.

Authors

Publication Details

Journal
Financial law
Published
2024-09-05
DOI
https://doi.org/10.18572/1813-1220-2024-9-25-28
Primary Topic
Digital Transformation in Law
Type
article
Field-Weighted Citation Impact
0.00
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article

Digital Ruble and Its Implementation: Legal Nature in the Context of Private Law and Public Law Regulation

Elena V. Migacheva, Svetlana S. Tropskaya
Financial law
Digital Transformation in Law
article

Digital Ruble and Its Implementation: Legal Nature in the Context of Private Law and Public Law Regulation

Elena V. Migacheva, Svetlana S. Tropskaya
article en

Abstract

The article briefly examines the history of the emergence and development of ideas about the digital ruble in Russia and abroad, its advantages for the modern state. The legal norms that consolidate the introduction of the digital ruble into circulation are analyzed. As a result, it is concluded that two different approaches can be traced in the regulation of the digital ruble by private (civil) and public (financial) law: if the norms of civil law regulate the digital ruble as a kind of non-cash money, then the norms of public law, establishing a special procedure for its circulation, allocate the digital ruble into an independent form of money.

Financial law
Openalex Percentile: Top 66%
Digital Transformation in Law
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