Features of taxation of cryptocurrency operations

This article presents the main economic and legal approaches to determining the status of the cryptocurrency. It is proved that the establishment of effective regulation of the crypto currency is impossible without an understanding of its economic nature. Cryptocurrency is regarded as a currency (digital or virtual currency, analogue of the currency, money), as a universalfinancial instrument, commodity (property, asset, property). There are the main recommendations for the regulation of the cryptocurrency as a new economic and legal phenomenon. The issues of taxation of digital means of payment, which include cryptocurrency, have been studied. Promising directions for the development of tax regulation of cryptocurrencies in Russia have been identified.