Cryptocurrency as a Property Right

Russian legislation has long known the definition of digital currency, but for now no consensus has been reached on its true civil nature, thus complicating the development of a comfortable legal environment for the blockchain industry. In the course of fundamental scientific research, the author has conducted a public scientific field-study involving top digital lawyers and technical experts in cryptocurrency, which allowed to consolidate the viewpoints within the professional community and to thoroughly examine the arguments presented by opponents of bitcoin’s qualification as a property right. As a result of the experiment, the main arguments against the recognition of cryptocurrencies as property rights have been disproven, providing for an opportunity to outline a comfortable legal framework for cryptocurrencies in continental legal systems