The legal essence of the definition of "virtual assets" in the Ukrainian law "on virtual assets"

The article considers the Law of Ukraine "On Virtual Assets" dated 17.02.2022 No. 2074-IX, which is first normative act in state that called to regulate circulation so-called "cryptocurrencies", and introduced a new legal definition "virtual assets". Legal science, as main regulator social relations, objectively manages keep up with their rapid modern changes, respond emergence relationships on basis latest digital technologies. They are surreal challenge legislator, who since end 20th century, incredibly great speed, changing our entire society. There no exception this process modernity, an economy has been subjected significant changes already advent Internet. E-commerce commerce, cashless payments Internet all firmly entered daily lives. Cryptocurrency, common name for technologies, factor more impact economic relations every year. regulation cryptocurrencies - remained away from law-making process. However, year it became obvious such policy would lead only lag behind other states development Finally, beginning 2022, understanding need including through adequate "cryptocurrency" Ukraine, begun. purpose review analyze 2074-IX adopted by Verkhovna Rada investigate essence concept assets" completeness its certainty. According results study, was order improve eliminate future correct enforcement judicial practice, amendments: Article 200 "Information", Chapter 15 "Intangible Goods", Section III "Objects Civil Rights" Code Ukraine; sub-paragraph 1 paragraph "Definition Terms", "General Provisions" law 2074-IX; 4 "Legal status virtual II mode regime 2074-IX.