According to bits.media, the Legal Committee of the Russian State Duma has recommended first reading of a government-proposed bill on criminal liability for illegal cryptocurrency mining. The bill proposes adding Article 171.6 to the Criminal Code, classifying unregistered mining and operating mining infrastructure without a license as criminal offenses. Specific penalties include fines of up to 1.5 million rubles or up to two years of compulsory labor for individuals with income exceeding 3.5 million rubles; if the offense is organized or income exceeds 13 million rubles, penalties may include fines of up to 2.5 million rubles, up to five years of imprisonment, and confiscation of the mined cryptocurrencies. The government states that approximately 50,000 miners currently operate in Russia, but only 1,489 are registered; the legislation aims to bring illegal miners into compliance.
Russia's State Duma Approves Criminal Penalties for Illegal Crypto Mining
TechFlowShare
Summary
Russia’s State Duma Legal Committee has supported the first reading of a bill to criminalize unregistered cryptocurrency mining, in line with anti-money laundering measures. The proposed law introduces Article 171.6 into the Criminal Code, making unlicensed mining a criminal offense. Penalties include fines of up to 2.5 million rubles or imprisonment of up to five years for large-scale operations. The government estimates there are 50,000 miners in Russia, but only 1,489 are registered. The initiative aims to strengthen oversight of liquidity and crypto markets by bringing illegal miners under regulatory control.
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