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Private legal classification of the generation of virtual currencies

17 July 2017
Private legal classification of the generation of virtual currencies

Oliver Völkel in the current issue of the journal ecolex on the subject of "Private legal classification of the generation of virtual currencies". The use of virtual currencies is slowly but steadily becoming mainstream. However, the jurisprudential debate on this new phenomenon is still in its infancy. This article deals with the fundamental question of how the production of units of a virtual currency (known as "mining") is to be viewed from a private law perspective. In any case, the author does not claim to have found the ultimate solution to this question--this piece should rather be comprehended as a basis for further discourse. The complete article can be found here.

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