INSTITUTIONAL CHALLENGES AND LAW ENFORCEMENT IN THE REGULATION OF CRYPTO-ASSETS
Keywords:
crypto-assets; law enforcement; digital economy; regulation; institutional uncertainty; legal risks; crypto-asset regulation.Abstract
This article examines the institutional challenges of regulation and law enforcement in the circulation of crypto-assets. It is established that the key constraint on regulatory effectiveness is institutional uncertainty, driven by the absence of unified criteria for the interpretation of legal categories. Contradictions in law enforcement practice are identified, and the relationship between conceptual uncertainty and the asymmetry of legal risks is substantiated. Conceptual models of the formation of institutional uncertainty and law enforcement in the crypto-asset domain are proposed. An approach to ensuring consistency in law enforcement is developed.
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