THE ADVANTAGES OF LEGALIZING CRYPTOCURRENCY MINING FOR THE DEVELOPMENT OF RUSSIAN REGIONS

Authors

DOI:

https://doi.org/10.18623/rvd.v23.6340

Keywords:

National Legislation, Industrial Mining, Gray Retail Mining, Legalization of Mining, Social and Economic Development of Russian Regions

Abstract

Purpose: To analyze the process of legalizing cryptocurrency mining in the Russian Federation in the context of rapid technological and economic globalization. Methodology/approach: The study employs semantic analysis of scientific publications, as well as systematic and graphical modeling methods to assess the possibilities for legitimizing mining practices in Russia. Originality/Relevance: Cryptocurrencies, emerging from the globalization of the world economy and the development of IT technologies, represent a new financial phenomenon that national legal systems struggle to regulate. Industrial mining is proposed as a potential key to addressing the issue of “gray” (unregulated) mining, promoting industry expertise at the intersection of finance, IT, and energy sectors. Key findings: Creating specific zones and regulatory conditions for cryptocurrency mining can stimulate further industry development. Addressing the issue of gray retail mining requires systemic regulation, legal consolidation of terminology, and inclusion of mining as a production activity within the National Classification of Economic Activities. Theoretical/methodological contributions: The theoretical contribution lies in advancing research on mining legalization in Russia. The practical contribution is the potential application of proposed measures to address social and economic challenges in Russian regions.

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Published

2026-05-05

How to Cite

Tretyakova, G., Dreitzen, D., Ginzburg, O., & Belozerova, E. (2026). THE ADVANTAGES OF LEGALIZING CRYPTOCURRENCY MINING FOR THE DEVELOPMENT OF RUSSIAN REGIONS. Veredas Do Direito, 23(7), e236340. https://doi.org/10.18623/rvd.v23.6340

Issue

Vol. 23 No. 7 (2026): Veredas do Direito, v. 23, n. 7 2026

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