UNIVERSITY OF GDAŃSK • MASARYK UNIVERSITY • PAVEL JOZEF ŠAFÁRIK UNIVERSITY • UNIVERSITY OF VORONEZH http :/ / w w w .e jo urna ls.e u/ FLR MIROSLAV ŠTRKOLEC ∗ , LADISLAV HRABČÁK ∗∗ DIGITAL CURRENCY IN BROADER SENSE, STATUS, REGULATION AND DEVELOPMENT TRENDS 1 Abstract The present article deals with one of the phenomena of the Industrial (Digital) revolution 4.0, which is digital currency in broader sense, respectively virtual currencies, as some authors refer to them. Despite the fact that this phenomenon is not such a novelty in society, it has demanded the focus of legal science only in recent years and the discussion has not subsided, it can be stated that it is only in the beginning. Along with digital currency in broader sense, there are several issues, such as the correctness of their naming, their legal status and, as far as the area of tax law is concerned, these are also questions of the manner and possibilities of taxing transactions with them. Authors set as a goal of this article to verify the following hypotheses: ∗ Associate Professor at Department of Financial Law, Tax Law and Economy, Faculty of Law, Pavol Jozef Šafárik University in Košice. Author specializes mainly in tax law procedure. He is the author of a few books and articles in prestigious journals. He is a member of Information and Organization Centre for the Research on the Public Finances and Tax Law in the Countries of Central and Eastern Europe and member of European Association of Tax Law Professors. Contact email: miroslav.strkolec@upjs.sk, https://orcid.org/0000-0001-8712-1945. ∗∗ The author is full time PhD. student at the Faculty of Law, Pavol Jozef Šafárik University in Košice in the Slovak Republic, and also part time Ph.D. student at Faculty of Law, Masaryk University in Brno in the Czech Republic. In his publications he focuses mainly on the relationship between law and modern technologies, as well as on tax evasion and the possibilities of their prevention. Contact email: ladislav.hrabcak@student.upjs.sk, https://orcid.org/0000-0002-4670-3399. 1 This work was supported by the Slovak Research and Development Agency uder the Contract no. APVV-19-0124. This work is also a partial output of the project VVGS-2019-1068 „Blockchain technology as a factor affecting the current form of law“. No. 21 (1)/2021 Fina nc ia l La w Re vie w