Close Menu
AsiaTokenFundAsiaTokenFund
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
What's Hot

Russia Proposes Prison Time for Illegal Crypto Mining Operations

December 30, 2025

Is Altcoin Dominance at a Key Turning Point: Are These Early Signs of a Momentum Shift?

December 30, 2025

Why Bitcoin, Ethereum, and XRP Could Rally After Gold and Silver Cool Off

December 30, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) YouTube LinkedIn
AsiaTokenFundAsiaTokenFund
ATF Capital
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
AsiaTokenFundAsiaTokenFund

Russia’s New Crypto Law Could Send Unregistered Miners to Prison for 5 Years

0
By on December 30, 2025 Altcoin, Bitcoin, Regulations, Trading, Web3
Share
Facebook Twitter LinkedIn Pinterest Email

The post Russia’s New Crypto Law Could Send Unregistered Miners to Prison for 5 Years appeared first on Coinpedia Fintech News

Russia is tightening its grip on crypto mining and this time, the consequences are serious.

Just weeks after officially legalizing cryptocurrency mining, the Russian Ministry of Justice has proposed new criminal penalties targeting miners who operate outside the system. If approved, illegal crypto mining could carry fines, forced labor, and even prison sentences of up to five years.

Russia Targets Unregistered Crypto Miners

The proposal, published on Russia’s official legal draft portal, introduces a new article to the Criminal Code: Article 171.6, titled “Illegal mining of digital currency and activities of a mining infrastructure operator.”

Under the draft law, anyone mining digital assets without being registered could face punishment. The document specifically refers to “conducting digital currency mining by a person not included in the register of persons engaged in digital currency mining.”

For basic violations, penalties could include a fine of up to 1.5 million rubles, compulsory labor, or up to two years of forced labor.

Higher Profits Could Mean Prison Time

The law draws a clear line based on the scale of profits.

If illegal mining causes “significant damage” or generates income of 3.5 million rubles, criminal liability applies. For cases involving organized groups or profits deemed “especially large” – 13.5 million rubles or more – the punishment becomes much harsher.

In those cases, courts could impose fines ranging from 500,000 to 2.5 million rubles, forced labor for up to five years, or prison sentences of up to five years, with additional fines possible.

Legal Mining Comes With Rules

Russia legalized crypto mining on November 1, 2024, but with strict conditions. On the same day, the Federal Tax Service launched official registries for miners and mining infrastructure operators.

As of the end of May 2025, more than 1,000 miners were registered. All miners, including individuals and businesses, must report their mined digital assets every month through their tax accounts.

Enforcement Is the Next Step

In early December, Deputy Prime Minister Alexander Novak said the government plans to introduce criminal liability for illegal mining in 2026.

The direction is now clear. Crypto mining is allowed in Russia but only for those willing to operate openly, register, and report. Those who don’t may soon face more than just fines.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Is Altcoin Dominance at a Key Turning Point: Are These Early Signs of a Momentum Shift?

December 30, 2025

Why Bitcoin, Ethereum, and XRP Could Rally After Gold and Silver Cool Off

December 30, 2025

Bitcoin Price Consolidates Below $90,000 — Weekly Chart Shows a Critical Make-or-Break Zone

December 30, 2025
Leave A Reply Cancel Reply

What's New Here!

Russia Proposes Prison Time for Illegal Crypto Mining Operations

December 30, 2025

Is Altcoin Dominance at a Key Turning Point: Are These Early Signs of a Momentum Shift?

December 30, 2025

Why Bitcoin, Ethereum, and XRP Could Rally After Gold and Silver Cool Off

December 30, 2025

Bitcoin Price Consolidates Below $90,000 — Weekly Chart Shows a Critical Make-or-Break Zone

December 30, 2025
AsiaTokenFund
Facebook X (Twitter) LinkedIn YouTube
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
© 2025 asiatokenfund.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.