Features of the legal regulation of of electronic money in Ukraine; civil legal aspect

Abstract

Problem Setting. The development of information technology, e-commerce caused the appearance of such phenomena as electronic money. In order to ensure the stability of currency in Ukraine, as well as the protection of the rights of users of electronic money need effective legislative base. That’s why, the research of electronic money in private law relations is very important.

The purpose of the article. The research of the nature, the role and functioning of the electronic money in Ukraine are engaged by researchers as Y. Grytsiuk, I. Trubin, A. Isaev, M. Savluk, SA Derevyanko, A. Chepur, etc.

The article studies features of the legal regulation of electronic money in Ukraine. Analyzed the concept of means of payment, legal payment’s instrument, electronic payment instrument and their relationship with the concept of electronic money. It was found civilistic nature of electronic money

Conclusions. The conclusion is that electronic money is a monetary obligation payable to bearer in electronic form, as the basis for their issuance is a civil contract. In addition, after the exchange of cash or non-cash money to the electronic money they keep their traditional cost of money and can serve as payment instrument.