Annotation

The article presents the results of an analysis of the legislation and practice of creating infrastructure for the issuance and circulation of digital rights – namely, digital financial assets, utilitarian digital rights and so-called hybrid digital rights. The legislation regulates three types of operators that can work in the digital rights market: operators of information systems for issuing digital financial assets, operators of digital financial asset exchanges and investment platform operators (not all of which conduct activities with digital rights). Given that the rapid development of the digital rights market, the infrastructure and the model of digital rights circulation are beginning to expand – the opportunity to work with digital rights is provided to operators of financial platforms. The article analyzes the rules, which are the main documents defining the activities of operators of information system for issuing digital financial assets and operators of digital financial asset exchanges as the main elements of the digital rights infrastructure.