The Phenomenon of Virtual Property in the Context of Digital Legal Relationships

Abstract

The article considers the main trends of modern development of digital legal relations, as well as the nature of other innovative phenomena possessing irreal character and nature. The objective of the article is to study the major perspectives of legal regulation of digital objects, in specific virtual property, and their integration into the Russian legislation. The research employed such methods as synthesis, abstraction, comparison and speciallegal one.The author presents some approaches to the legal regulation of virtual property in accordance with the existing civil law institutions. The paper highlights a number of key problems of integration of virtual property into modern Russian legislation. The author concludes by claiming that currently the introduction of provisions on virtual property into Russian legislation seems to be a non-priority area of activity despite the fact that the issue itself is relevant. Legislative integration faces a number of obstacles implying numerous transformations in the current Russian legal system.