CRYPTOCURRENCIES THROUGH THE PRISM OF THE CENTRAL BANK POLITICS OF COUNTRIES FROM ASIA, AFRICA AND OCEANIA
CRYPTOCURRENCIES THROUGH THE PRISM OF THE CENTRAL BANK POLITICS OF COUNTRIES FROM ASIA, AFRICA AND OCEANIA

Summary/Abstract: Cryptocurrencies are a new phenomenon in a world of globalization and evolving technologies. The 21st century is characterized as a century of technological growth, and digital money as a creation of this cyber world is increasingly the subject of analysis and discussion in the economic and social space. In unison with the accompanying macro and micro environment, it is quite logical for economic entities to increase their interest in this new and unknown method of payment. On the other hand, in terms of evolution, civilization has developed and is developing on the principle of the constant striving of individuals both to seek and discover the new and to apply it in their daily lives in order to facilitate their lives and meet their needs to acquire new economic goods in the form of goods and services. Digital money as a new kind of creation of cyber technologies is developing rapidly, spreading through specially created digital crypto markets, in which risk is preferred by economic agents, as technological development precedes the regulations and policies of central banks. The science research will provide an overview of the policies of the central banks of countries in the latitudes of Asia, Africa and Oceania in order to track the extent to which economically and legally, cryptocurrencies can be identified as a desired tool by governments and central banks. for trade and exchange of goods and services between economic entities at national and supranational level. It can be argued that the central banks of each of the countries concerned, regardless of their geographical location, have taken a different and independent position. An analysis of the legal status of cryptocurrencies as a new and unknown way of trading and payment between individuals shows that despite their popularity they have not reached their final form and have a long way to go of socio-economic and legal nature. At present, there is no single position of central banks on the status of cryptocurrencies, which are increasingly entering our daily lives and becoming a desirable tool for meeting our needs for tangible and intangible goods. This new way of buying and selling between individuals is a creation of the new global world, increasing its popularity and this makes it one of the most discussed topics of our daily lives. In the future, the clarification of their status quo will indicate their real status in the public space. In this regard, it can be concluded that the lack of unanimity of regulators and central banking systems can be considered as one of the main shortcomings of digital money to date. Decentralization and anonymity pose a risk and create preconditions for abuses related to tax evasion, money laundering, acquisition of illegal goods

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