Cryptocurrency as a financial market instrument

The article discusses topical problems of the current state and prospects for the use of cryptocurrencies in Russia and abroad. The problems that foreign countries have encountered when using cryptocurrencies have been identified. Analysis of the current state and development prospects of the Russian payment system allowed the author to determine the risks of introducing restrictions on cash payments, payments using electronic money, including cryptocurrencies, and to give specific recommendations for improving the monetary policy of Russia in the new conditions