Annotation

The article examines the features of the legal nature of digital assets in the Russian Federation in comparison with its foreign partners in the BRICS association to determine the prospects for cooperation among the countries in the field of the digital economy. The Russian legislator distinguishes between the concepts of «digital financial assets» and «cryptocurrencies», which is characteristic of the legislation of the UAE and uncharacteristic of Brazil and South Africa. Digital financial assets are included in the list of digital rights, which is exhaustive, and constitute property rights, which enhances their transferability. The article argues that digital financial assets in Russia are regulated under the model of «everything is prohibited except what is expressly permitted by law». In contrast, other countries apply the model of «everything is permitted except what is prohibited by law». The author concludes that the existing differences between digital financial assets and digital assets in other BRICS member countries do not impede their cross-border circulation on the association's market.