Legal News

Regulating cryptocurrency and crypto-mining

Published on: 22 February 2018
Published by: LexisPSL
  • Regulating cryptocurrency and crypto-mining
  • What is crypto-mining?
  • What happened in the recent crypto-mining attack on government and other organisations’ websites? How do these attacks differ from other viruses or malicious software and has anyone claimed responsibility?
  • Why are private consumer computers often the target of crypto-mining attacks?
  • Is the current legislative framework adequate to deal with this? If not, what changes need to be made?
  • What are the main difficulties of regulating cryptocurrency?
  • How would introducing taxation of cryptocurrency, as suggested in Iceland, improve monitoring of legal (and illegal) uses?

Article summary

TMT analysis: Richard Howlett, partner at Selachii, explains crypto-mining and considers some of the issues with the regulation of cryptocurrencies. or take a trial to read the full analysis.

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