CIVIL-LEGAL DEFINITION OF SUBJECTS’ RIGHTS OF RELATIONSHIPS ARISING FROM THE USE OF ELECTRONIC MONEY
Journal Title: Legea și viața - Year 2018, Vol 1, Issue 4
Abstract
It is researched that electronic money operates within the limits of those payment systems as cash and non-cash money. However, the electronic money circulation in these systems has its own specifics, which is due to the special legal regime of electronic money. It is clarified the personality of participants in legal relations arising from the use of electronic money, and analyzed their rights. It is proposed to make alteration in the Civil Code of Ukraine, which would allow minors to independently conclude an agreement on the use of electronic money and dispose of electronic money. It is concluded that the restrictions imposed by the legislator on the circulation of electronic money between users, negatively influence on the development of electronic money, as the turnover of electronic money in the system becomes minimal, the efficiency of the system decreases.
Authors and Affiliations
Kseniya PETROFANOVA
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