ANALYSIS OF THE LEGISLATION OF THE FEDERAL REPUBLIC OF GERMANY ON THE LEGAL REGULATION OF BLOCKCHAIN, BITCOIN AND OTHER CRYPTOCURRENCIES

Abstract

The article provides an analysis of German legislation on the legal regulation of blockchain, bitcoin and other crypto-assets, which is one of the new means of payment. It also cites Germany's official position on digitization and its elements. It was emphasized that in order to make the most effective use of digital technologies in various spheres of public life, the legislation should find a compromise between public interests, economic needs and technological opportunities.