By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
bitcoin
Bitcoin (BTC) $ 78,463.00
ethereum
Ethereum (ETH) $ 2,293.22
xrp
XRP (XRP) $ 1.61
tether
Tether (USDT) $ 0.999091
solana
Solana (SOL) $ 102.86
bnb
BNB (BNB) $ 771.43
usd-coin
USDC (USDC) $ 0.999697
dogecoin
Dogecoin (DOGE) $ 0.107335
cardano
Cardano (ADA) $ 0.296478
staked-ether
Lido Staked Ether (STETH) $ 2,295.62
tron
TRON (TRX) $ 0.28356
chainlink
Chainlink (LINK) $ 9.62
avalanche-2
Avalanche (AVAX) $ 10.08
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 78,332.00
wrapped-steth
Wrapped stETH (WSTETH) $ 2,811.13
the-open-network
Toncoin (TON) $ 1.37
stellar
Stellar (XLM) $ 0.176832
hedera-hashgraph
Hedera (HBAR) $ 0.091009
sui
Sui (SUI) $ 1.14
shiba-inu
Shiba Inu (SHIB) $ 0.000007
weth
WETH (WETH) $ 2,306.05
leo-token
LEO Token (LEO) $ 8.62
polkadot
Polkadot (DOT) $ 1.52
litecoin
Litecoin (LTC) $ 59.85
bitget-token
Bitget Token (BGB) $ 3.06
bitcoin-cash
Bitcoin Cash (BCH) $ 528.46
hyperliquid
Hyperliquid (HYPE) $ 37.03
usds
USDS (USDS) $ 0.999079
uniswap
Uniswap (UNI) $ 3.90
cryptoprune cryptoprune
  • MarketCap
  • Crypto Bubbles
  • Multi Currency
  • Evaluation
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • NFT
    • Solana
  • Market
  • Mining
  • Exchange
  • Regulation
  • Metaverse
Crypto PruneCrypto Prune
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • NFT
    • Solana
  • Market
  • Mining
  • Exchange
  • Regulation
  • Metaverse

Search

  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • NFT
    • Solana
  • Market
  • Mining
  • Exchange
  • Regulation
  • Metaverse

Latest Stories

President Trump today unravels the conflict between banks and the crypto industry
President Trump today unravels the conflict between banks and the crypto industry
image
Revolut targets remittances with Peru’s new banking license: report
Epstein files reveal Bitcoin's secret war as Ripple insider exposes 10 years of explosive hidden industry sabotage
Epstein files reveal Bitcoin’s secret war as Ripple insider exposes 10 years of explosive hidden industry sabotage
Bitcoin
ARK reshapes the gold narrative as Bitcoin dips below $80,000
An AI social network that’s not what it seems
An AI social network that’s not what it seems
© 2025 All Rights reserved | Powered by Crypto Prune
Crypto Prune > Mining > Russia launches national crypto mining registration to crack down on illegal operations
Mining

Russia launches national crypto mining registration to crack down on illegal operations

7 months ago 4 Min Read

Russia is stepping up its crackdown on illegal cryptocurrency miners by launching a national registration of mining equipment, which will help identify unregistered operations.

According to local media, Russian authorities have already edited the registry and distributed it to areas with high mining activities.

The initiative is a joint effort by the Department of Energy, Federal Tax Services and the Department of Digital Development as part of a national strategy to legalize the sector and reduce unauthorized energy consumption.

According to Deputy Minister Petr Konyushenko, national registration will allow the government to accurately identify consumers using electricity for mining purposes. He said this is necessary to ensure that crypto miners are subject to proper regulatory oversight and are taxed in line with actual energy consumption.

Konyushenko has confirmed that plans to implement the registry are already underway since early 2025, so the list has already been sent to areas with high mining activity.

The Ministry of Energy initially proposed a national registration plan in February, but later received formal support from the Ministry of Industry and Trade.

You might like it too: Russia’s Rostec launches ruble-assistedcoin rubx on the Tron blockchain

Officials say the registry will support enforcement in areas where mining is prohibited due to power constraints. Since November, Russia has banned mining in 10 regions until March 2031 to prevent power outages during periods of high electricity demand.

The formation of the registry is tied to Russia’s broader legal framework for cryptocurrency mining, adopted in 2023. Under the law, crypto mining is permitted to Russian citizens, registered individual entrepreneurs, and corporations.

See also  What are the forecasts for the Fed's interest rate decisions announced next week? Research company reveals

If they remain within the energy limits set by the government, individuals can mine without registration, but businesses and their own owners must register with federal tax services.

To promote transparency and support recruitment, Russia has removed VAT for crypto purchasing. In a move to formalize the sector, the government introduced a 15% tax on crypto mining profits calculated based on the market value of mined assets.

Despite the legal framework, many miners continue to operate outside of official surveillance, often using residential power lines to avoid commercial tariffs. As of June 2025, only 30% of miners had registered with FNS, Deputy Finance Minister Ivan Chebeskov revealed in a ministry’s report last month.

At the time, he said the government was working to lead the remaining 70% to compliance, but no enforcement action or timeline details were provided.

Russia cracks down on illegal mining

Over the past year, Russia has sought to curb illegal activities through targeted inspections and court-ordered closures of unauthorized mining sites.

As Crypto.News previously reported, in one of the biggest cases to date, prosecutors closed the outdoor mining site at Krasnoyarsk Krai, which was operated on state-run land under false documents. The site spans 30,000 square meters and generates revenues of approximately 4.6 million rubles ($58,000) per month.

Authorities also report cases in which hackers accept bribery to overlook illegal connections and accept bribery to misuse smart home devices to build secret mining networks.

read more: OFAC sanctions are crypto wallet tied to Russian bulletproof hosting provider Aeza Group

See also  Asic Arms Race is now authentic

TAGGED:MiningMining NewsNews
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RELATED NEWS

image

Nvidia CEO says demand for computing resources is ‘skyrocketing’

By Crypto Prune 2 weeks ago
Binance Futures announces a list of two new Altcoins with up to 75x leverage! Details are here

Binance Futures announces a list of two new Altcoins with up to 75x leverage! Details are here

By Crypto Prune 9 months ago
image

A pivotal leap for early cryptography

By Crypto Prune 5 months ago
Bitcoin Exchange OKX has announced that it will list a number of Altcoin trading pairs from Futures Platform! Details here

Bitcoin Exchange OKX has announced that it will list a number of Altcoin trading pairs from Futures Platform! Details here

By Crypto Prune 6 months ago
cryptoprune

© 2025 All Rights reserved | Powered by Crypto Prune

  • Altcoins
  • Bitcoin
  • Blockchain
  • Cardano
  • Ethereum
  • Exchange
  • Market
  • Metaverse
  • Mining
  • News
  • Crypto
  • NFT
  • Solana
  • Regulation
  • Technology
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Welcome Back!

Sign in to your account

Lost your password?