Russia passes illegal mining regulation: introduces tiered penalty system

CryptoMom · 2026-01-30T12:03:19+00:00

Russia has passed a strict penalty system for unauthorized cryptocurrency mining activities, establishing a legal framework to regulate such actions. The proposed fines vary based on the offender's status, aiming to address environmental concerns and ensure fair competition among licensed miners.

CryptoMom

2026-01-30 12:03:19

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The Russian legislative branch has passed a strict penalty system for unlicensed cryptocurrency mining activities. Led by the Deputy Speaker of the State Duma, this regulatory proposal establishes a legal framework to gradually crack down on illegal mining activities.

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