CRIMES AGAINST CRYPTOASSETS AND INTERNATIONAL LEGAL REGULATION
DOI:
https://doi.org/10.47390/SPR1342V5SI10Y2025N58Keywords:
Cryptoassets, Crimes, International Legal Regulation, Blockchain, Money Laundering, FATF RecommendationsAbstract
This research is aimed at conducting a comprehensive analysis of crimes related to cryptoassets and the mechanisms for their international legal regulation. As a result of the rapid development of digital technologies, cryptoassets have become an important part of the global financial system, while simultaneously creating new opportunities for transnational criminal activity. The primary objective of the study is to scientifically assess the growth trends of crimes involving cryptoassets, evaluate the effectiveness of international legal regulatory mechanisms, and assess the reforms being implemented in the Republic of Uzbekistan. Based on the IMRAD methodology, statistical data from 2018-2024, reports from international organizations such as the Financial Action Task Force (FATF), Europol, and the United Nations Office on Drugs and Crime (UNODC), as well as national legislative documents from various countries were analyzed. The results show that over the past five years, the number of transnational crimes committed through cryptoassets has increased fivefold, and in 2023, the volume of illegal funds exceeded 20 billion US dollars. It was established that in countries with a high degree of compliance with FATF standards, crime indicators are significantly lower. The changes introduced to the criminal legislation of the Republic of Uzbekistan since 2024 have been an important step in combating crimes in this field. In conclusion, the necessity of strengthening international cooperation, developing unified regulatory standards, and improving the population's digital financial literacy is emphasized.References
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