Only 30% of Russian crypto miners have registered with authorities, facing potential fines

From Cointelegraph

June 19, 2025 07:15 AM:

Only 30% of Russian miners have registered with authorities since late 2024, despite new laws. The Finance Ministry official says 70% remain unregistered, with plans to push for more registrations. Russia may increase fines for illegal mining operations to 2 million rubles. Enforcement recently shut down an illegal mining farm in Rostov. Critics argue that the new laws fail to fully legalize crypto mining, introducing restrictions and unclear regulations.

Read more at Cointelegraph: Only 30% Of Russian Crypto Miners Report To Tax Authority