Russia plans to pass legislation to crack down on illegal mining, with 13 regions already fully banning mining activities.

DeepFlowTech · 2026-04-02T03:46:42+00:00

The Russian government has submitted a bill to impose criminal penalties for illegal cryptocurrency mining, with violators facing fines of up to 2 million rubles and up to 5 years in prison. Currently, there are fewer than 1,500 registered miners, and the mining ban has been expanded to 13 regions, with the ban lasting until 2031.

DeepFlowTech

2026-04-02 03:46:42

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Deep Tide TechFlow message, April 02, according to Cryptopolitan, the Russian government has submitted a bill to the State Duma, proposing criminal penalties for illegal cryptocurrency mining activities; violators will face a maximum fine of 2 million rubles (about $25,000) and up to 5 years in prison. Currently, about 50,000 individuals and entities are engaged in mining activities, but the number of registered entities is fewer than 1,500. At the same time, Russia has expanded the ban on mining to 13 regions, including the Republic of Buryatia in Siberia and the Transbaikal Krai, and the ban will last until 2031. The energy minister of the Moscow Oblast has also proposed banning mining in the capital and Moscow Oblast, saying that local mining consumes electricity of about 1GW and makes no real contribution to the regional economy. Russia previously legalized mining at the end of 2024, but requires those in the industry to complete registration with the Federal Tax Service and pay taxes according to law.

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