Articles | Open Access | DOI: https://doi.org/10.37547/tajpslc/Volume07Issue07-06

Virtual property in the digital age: legal nature and regulatory approaches

Yakubov Akhtam Nusratullaevich , Vice-Rector of Tashkent State University of Law, Doctor of Legal Sciences, Associate Professor, Uzbekistan

Abstract

What should be the legal mechanisms for the protection of user rights in relation to virtual property, there is no uniform approach to the question of which direction countries should take. Currently, there is no uniform approach to the protection of the user's rights to virtual game property in world jurisprudence. In vertical relations, that is, when considering disputes arising from the relationship between the developer and the user, the courts in most cases prefer to apply the theory of natural obligations and the theory of service provision. In many countries, the transaction of virtual property is not legally regulated. The transfer of virtual game property is considered the transfer of rights of claim to the virtual property by the developer of the game to the participant. The author analyzed the legal description of virtual property, which is considered one of the objects of the digital world, based on national and foreign experience, and analyzed the need to find them as a separate independent object in civil legislation.

Keywords

Virtual property, digital objects, cryptocurrency

References

Barlow J.P. A Declaration of the Independence of Cyberspace // URL: https://www.eff.org/cyberspace-independence.

Duranske. B. T. Virtual Law. Navigating the Legal Landscape of Virtual Worlds // Chicago. 2008.

Fairfield J. Virtual Property // Boston University Law Review. 2005. P. 1055-1058; 1063-1064.

Palka P. Virtual property: towards a general theory. PhD. Florence: European University Institute. 2017. P. 26, 49-53.

Arkhipov V.V. Intellectual property in the computer games industry: problems of theory and practice // Law. 2015. No. 11. P. 61 - 69.

Voinikanis E.A. Intellectual property law in the digital age: paradigm of balance and flexibility // M.: Jurisprudence. 2013.

Majorina M.V. On the collision of law and "non-law", renovation of "lex mercatoria", smart contracts and blockchain arbitration // Lex russica. 2019. No. 7. P. 93 - 107.

On concealment of property subject to inclusion in the bankruptcy estate, see, for example: Decision of the Ninth Arbitration Court of Appeal dated May 15, 2018 No. 09AP-16416/2018 in case No. A40-124668/2017 [Electronic resource] // URL: https://kad.arbitr.ru/Document/Pdf/3e155cd1-6bce-478a-bb76-1146d2e61a4a/58af451a-bfa3-4723-ab0d-d149aafecd88/A40-124668-2017_20180515_Postanovlenie_apelljacionnoj_instancii.pdf?isAddStamp=True; Erokhina O. During divorce, spouses divided property from a computer game [Electronic resource] // URL: https://www.kp.by/daily/26329/3212999/

Perepelkina Ya. A. Virtual game property: prospects for legal regulation // Journal of the Intellectual Property Rights Court. 2020. No. 3. P. 45-59.

Rozhkova M.A. Digital assets and virtual property: how does virtual relate to digital [Electronic resource] // Zakon.ru. URL: https://zakon.ru/blog/.

Savelyev A.I. Legal nature of virtual objects acquired for real money in multiplayer games // Civil Law Bulletin. 2014. No. 1. P. 127 - 150.

Article Statistics

Downloads

Download data is not yet available.

Copyright License

Download Citations

How to Cite

Yakubov Akhtam Nusratullaevich. (2025). Virtual property in the digital age: legal nature and regulatory approaches. The American Journal of Political Science Law and Criminology, 7(07), 29–33. https://doi.org/10.37547/tajpslc/Volume07Issue07-06