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Subject. This article discusses the socio-economic role and implication of FinTech startups in modern conditions. Objectives. The article aims to identify and characterize the main areas of influence of FinTech startups on social inequality and prove the need for their support by the State in connection with the growing influence of the FinTech industry in the global financial system. Methods. For the study, I used the methods of logical and statistical analyses, aggregation by attribute, and classification. Results. The article reveals the growing influence of the FinTech industry on the global financial system, and in the context of this it proves that the current stage of development of world finance is characterized by an upsurge in investor interest in FinTech startups. Through empirical analysis, the article identifies the main categories of positive externalities of FinTech startups, and it also offers universal recommendations for State support for FinTech startups. Conclusions. Today, FinTech startups are among the most dynamically developing companies in the financial market. According to the totality of characteristics, FinTech startups can become a tool for transforming the financial system at the State level. The FinTech development is reaching a new level, namely the supranational one, which has both advantages and disadvantages.

Subject. This article discusses the issues related to China's Blockchain Service Network (BSN) national initiative. Objectives. The article aims to consider the BSN Development Alliance mission to implement the BSN infrastructure initiative and assess the prospects of this implementation to solve present-time urgent problems. Methods. For the study, we used analysis and systematization. Results. Based on the materials of scientific conferences and foreign consulting agencies' and technical documents analytical and statistical data, the article presents certain results of the analysis of the BSN national infrastructure implementation and some problematic issues hampering this process in China. Conclusions. The prospects for the implementation of a long-term global BSN project in China, as well as in other countries, the importance of the Chinese government's activities in the legislative regulation of the BSN blockchain infrastructure and the implementation of long-term perspective projects China Standards 2035 and Smart City deserve great attention.

Subject. This article discusses the development issues of small and medium-sized businesses in the context of large-scale sanctions against the Russian economy sectors, as well as individuals and legal entities. Objectives. The article aims to define the role of the government to strengthen and improve the Russian economy in the context of sanction restrictions and overcome the consequences of the coronavirus pandemic. Methods. For the study, I used general scientific research methods. Results. Based on a comparative analysis of the financial indicators of the development of small and medium-sized businesses for 2021–2022, the article presents a preliminary assessment of the effectiveness of State support for small and medium-sized businesses in Russia in 2022. Conclusions. Prompt response to the imposition of new sanctions is required at the legislative level.

Subject. This article examines the impact of cryptocurrencies on the global financial system. Objectives. The article aims to identify, systematize, and analyze the influence of cryptocurrencies, as well as the blockchain, on the global financial system, and identify the opportunities and limitations that exist at the present stage. Methods. For the study, I used the methods of logical and statistical analyses, systematization, and forecasting. Results. In accordance with the original hypothesis put forward, the article reveals that cryptocurrencies do not represent such a powerful part of the global financial system today to consider it as a driver of changes in this system, but large enough to provoke a crisis similar to the coronavirus one. Conclusions. Today, cryptocurrencies are one of the promising financial instruments, the influence of which in the global financial system can significantly increase with the appropriate actions of the economic agents themselves. The positive impact on the elements of the global financial system will make cryptocurrencies more instrumental in the global foreign exchange and capital markets.