The Sources of Regulation of Digital Asset Platform Service Providers in Russia and Overseas

   The development of blockchain technologies caused the emergence of digital tokens and cryptocurrencies, which are used on digital platforms for investing. It determines the relevance of studying legislation of the jurisdictions where the largest international cryptocurrency exchanges are incorporated. Based on the experience of the Cayman Islands, the Republic of Korea, Singapore and Estonia, this paper conducts a comparative legal analysis of the main sources regulating the activities of digital asset services providers. The study shows the approaches applied to cryptocurrency exchanges and their operators. We concluded that there are growing requirements for providers of digital asset platforms in terms of AML / CFT, localization of business, and special liability for those companies which provide services without a license.

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