The mining market in Russia: An analysis of development prospects

Subject. This article discusses the circulation of cryptocurrencies and its impact on the economic security of the State. Objectives. The article aims to analyze the Russian and international experience related to the taxation of mining, and assess the technological support for mining in Russia. Methods. For the study, I used systems and comparative analyses. Results. The article describes the main measures for regulating mining and their impact on the economic security of Russia. Conclusions. In Russia, the cryptocurrency market regulating policy is being implemented at the government level. Mining can become a stimulus for the development of the IT sector and the electrical engineering industry in Russia, it may enhance the demand for qualified labor and increase the income of the population and budget.