Open AccessCRYPTOCURRENCY MINING IN RUSSIA AND AROUND THE WORLD: CONCEPT AND LEGAL REGULATION
Author(s) -
М.А. Егорова,
А.В. Белицкая
Publication year - 2020
Publication title -
vestnik universiteta imeni o.e. kutafina (mgûa)/vestnik universiteta imeni o. e. kutafina
Language(s) - English
Resource type - Journals
eISSN - 2782-6163
pISSN - 2311-5998
DOI - 10.17803/2311-5998.2020.68.4.129-136
Subject(s) - cryptocurrency , business , object (grammar) , commerce , financial system , computer security , computer science , artificial intelligence
The article identifi es the defi nition and legal nature of cryptocurrency mining, raises the question of whether mining is a business activity and in which cases it becomes the object of legal regulation. The concept of mining is compared with similar phenomena — banking, securities issuance, money issuance by Central banks, on the basis of which a conclusion is made about the features of this business line.